Fartcoin (FARTCOIN), a Solana-based memecoin launched back in October, has soared by 220% over the past month, bucking the downtrend that has gripped the broader meme token space.
The coin hit $0.88 this week, its highest price since January, according to CoinMarketCap data, and now ranks as the fifth-largest memecoin by market capitalization.
The rally came as smaller but high-visibility exchanges like KuCoin and Crypto.com began supporting the token, on top of others, including Bitget, that already supported the token. While major platforms such as Binance and Coinbase haven’t listed Fartcoin yet, the added liquidity from these listings has boosted trading activity and helped legitimize the coin for retail investors.
The coin has also benefited the cult following surrounding it. LunarCrush ranked it as the most active memecoin across social and market metrics in early April.
As the crypto market is filled with tariff news that seems to shift every hour, swaying sentiment, memecoins are quietly outperforming today.
Top memecoins by LunarCrush AltRank with leading combined social and market activity…
1 Fartcoin
2 SPX6900
3 titcoin
4 Act I The AI… pic.twitter.com/1hVnausokw— LunarCrush.com Social Data (@LunarCrush) April 7, 2025
The cryptocurrency, as its name implies, is a symbol of absurdity in the market and a rebellious move against the potential financial future newer generations may have when compared to the last.
Fartcoin’s Growth and Financial Nihilism
Fartcoin is part of a movement known as financial nihilism, the belief that traditional financial systems and norms are fundamentally broken to the point that conventional economic behavior should not be taken seriously.
For a growing segment of investors, particularly younger ones, the traditional rules of finance feel broken. Instead of saving or investing for the long term, they throw money at coins like these—not necessarily because they believe in the project but because it offers a shot at an absurd upside in a system they see as rigged.
FOMO could keep fueling the memecoin’s ascent, but the community behind these tokens also helps legitimize them while giving those who invest in them a sense of belonging. Notably, the meme-inspired cryptocurrency has, over the past month, outperformed older rivals, including Dogecoin and Shiba Inu.
Read more: Hyperliquid Trader Makes $2.3M Profit Shorting XRP, BTC, and ETH Amid Market Drawdown
