Fartcoin Surpasses Bonk, Closer to TRUMP: Solana Meme Coin Grows Strongly
In a surprising development in the cryptocurrency market, Fartcoin – a meme coin running on the Solana network – has officially entered the top 5 largest meme coins in the world by market capitalization, surpassing Bonk and only less than 700 million USD away from Official Trump (TRUMP).
According to data from CoinGecko, Fartcoin (FARTCOIN) has increased sharply by 21% in the past 24 hours, raising its capitalization to more than 1.08 billion USD. This remarkable growth helps Fartcoin surpass Bonk (BONK) – a famous meme coin previously also on Solana – to become the second largest name in this blockchain ecosystem.
Fartcoin – A breakthrough from "silly" AI
Fartcoin is not an ordinary cryptocurrency project. It is the product of Truth Terminal – an AI agent that became famous on social network X (formerly Twitter) for its humorous style and profound status lines. Last year, Truth Terminal received a $50,000 grant in Bitcoin from venture capitalist Marc Andreessen, co-founder of Andreessen Horowitz, as part of an “experiment” to create the perfect meme coin.
Soon after, Fartcoin was released on the Pump.fun platform – the originator of Solana meme coins. In just three months, the token reached a market capitalization of $2.15 billion before falling sharply due to the impact of the LIBRA scandal and political tensions related to the trade war launched by US President Trump.
However, since its bottom of $217 million in March, Fartcoin has recovered spectacularly with a gain of 388.91%, becoming one of the strongest growing assets in the context of market turmoil. Meanwhile, Bitcoin only recorded a modest increase of 8.7% in the same period.
TRUMP plummets, Fartcoin rises
The rise of Fartcoin comes in the context of TRUMP - the official meme coin representing the former US President - facing great difficulties. The tough tariff policies and trade tensions announced by Mr. Trump in recent times have caused TRUMP to lose a lot of value. On Liberation Day, TRUMP fell by 15% in just one day, compared to a 5.2% decrease for Bitcoin.
Over the past 30 days, TRUMP has lost 21.6% of its value, while Bonk has barely moved, increasing by only 3.9%. This has created an opportunity for Fartcoin to rise strongly in the global meme coin rankings.
Top 5 meme coins by market capitalization:
- Dogecoin (DOGE)
- Shiba Inu (SHIB)
- Pepe (PEPE)
- Official Trump (TRUMP)
- Fartcoin (FARTCOIN)
If it continues to maintain its current growth momentum, Fartcoin could completely surpass TRUMP in a short time, becoming the largest meme coin on the Solana network. With the support of the community and the undeniable entertainment factor, this "silly coin" is proving that meme coins are not just a joke, but can be a serious phenomenon in the cryptocurrency world.