Fartcoin Breaks Into High 5 Meme Cash, Overtaking Bonk and Closing In On TRUMP – Decrypt

Briefly
Solana token Fartcoin has damaged into the highest 5 meme cash by market cap.
Fartcoin has overtaken legacy Solana meme coin Bonk within the rankings.
The token now sits simply $700m under Official Trump (TRUMP), the most important Solana meme coin.
Solana meme coin Fartcoin (FARTCOIN) has risen 21% over the previous 24 hours to a market cap of $1.08 billion, based on CoinGecko, breaking into the highest 5 meme cash by market cap.In doing so, Fartcoin has surpassed legacy Solana meme coin Bonk (BONK) to grow to be the second largest meme coin on the community. It's now closing in on Official Trump (TRUMP), which is at present the most important meme coin on Solana.What's Fartcoin?Fartcoin was birthed by Fact Terminal, an AI agent that gained in reputation on account of its edgy humor expressed by way of its X (previously generally known as Twitter) account. Final 12 months, Fact Terminal acquired a $50,000 grant in Bitcoin from enterprise capital big Marc Andreessen when the agent began theorizing the right meme coin—one among which was Fartcoin.Crypto degens launched Fartcoin on meme coin manufacturing unit Pump.enjoyable, with the token hovering to a $2.15 billion market cap over three months—earlier than tumbling with the remainder of the market amid the unfolding LIBRA scandal and U.S. President Trump’s commerce struggle. Since Fartcoin bottomed out at a $217 million market cap in March, it has soared 388.91%—changing into one of many best-performing belongings amid treacherous macro market situations. By comparability, based on CoinGecko, Bitcoin (BTC) has solely risen 8.7% over an analogous interval.Rival meme coin Bonk has climbed simply 3.9% over the previous 30 days, based on CoinGecko, leaving room for Fartcoin to surpass it and break into the highest 5 meme cash by market capitalization. Forward of Fartcoin within the meme coin rankings are Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Official Trump (TRUMP).Since Trump took energy and he began his commerce struggle, his official meme coin has taken among the greatest hits. For instance, when the President introduced main world tariffs on Liberation Day, TRUMP tanked 15% whereas Bitcoin slipped simply 5.2%. Over the previous 30 days, TRUMP has tumbled by 21.6%.Now, Fartcoin sits simply $700 million away in market cap—an quantity that it has added to its market cap in simply over a month. Have been it to overhaul TRUMP, the foolish AI-manifested token would grow to be the most important meme coin on Solana.Day by day Debrief NewsletterStart every single day with the highest information tales proper now, plus unique options, a podcast, movies and extra.