Against the backdrop of a sharp decline in crypto and stock markets, the memecoin Fartcoin shows impressive growth, arousing traders' curiosity.
Fartcoin's Rise Amid Asset Declines
Fartcoin surged 30% in the past 24 hours, reaching $0.60. On April 7, it hit a low of $0.42 due to overall market downturns. Since then, the token has gained over 40%.
Cryptocurrency Market in Decline
While Bitcoin fell below $75,000, Fartcoin continues to show positive dynamics. Trader RookieXBT pointed out that Fartcoin's trading volume is increasing despite the market's instability.
Other Memecoins Also Show Resilience
Other memecoins, such as Fartboy, SPX6900, Cheems, AI Companions, and Mog Coin, are also showing growth despite the overall market decline. For example, Fartboy rose 60% but is still 85% down from its peak.
Thus, Fartcoin and other memecoins continue to demonstrate their appeal even amidst market turbulence, confirming a non-standard interest from traders.
