In recent days, the digital currency Fartcoin has experienced significant growth again. The price of this meme coin based on the Solana network has almost doubled in the past week and has increased by about 30% in the last 24 hours alone, reaching around $0.90. Market data shows that Fartcoin’s price has increased by 97% over the past 7 days and about 250% over the past 30 days. Despite the volatile cryptocurrency market, Fartcoin has managed to attract traders’ attention. Experts believe that the simplicity and absurdity of some meme coins somehow make traders feel comfortable, especially when they have witnessed their strange growth in the past. According to Matthew Nay, an analyst at Messari, meme coins like Fartcoin do not have a specific timeline or roadmap to follow. Additionally, there is no foundation behind them that might suddenly abandon the project, leading users to trade based solely on market sentiments. Fartcoin was designed by an artificial intelligence agent in October last year and reached a historical high of $2.48 in January, but plummeted to $0.20 in March and is now on the rise again. According to data from Cookie.fun obtained through analyzing user activity on the X platform and the Solana blockchain, Fartcoin’s popularity has increased by over 28.72% from the beginning of April until now and has been leading among other AI-related tokens. On the real-time cryptocurrency prices page, you can view the prices of all tokens and cryptocurrencies live and instantaneously.
