Fartcoin, the Solana-based meme coin originated from AI bot Fact Terminal, reached a brand new record-high on Friday, pushing its market cap to $1.5 billion in lower than two months of launch, in keeping with CoinGecko information.
The token’s worth elevated 9% to $1.5 previously 24 hours, registering weekly positive aspects of 44%. FARTCOIN has surged over 600% previously month, at the moment rating because the fifth-largest memecoin on the Solana blockchain. Its market capitalization trails solely Bonk (BONK), ai16z (AI16Z), Pudgy Penguins (PENGU), and dogwifhat (WIF).
FARTCOIN is now the second-largest AI meme coin, following AI16Z, which lately turned the primary AI token on Solana to surpass $2 billion in market cap. If the bullish momentum extends, Fartcoin will quickly be a part of AI16Z within the $2 billion membership.
The rally comes amid a serious surge throughout AI meme cash over the previous week, which has propelled the market worth of the area of interest sector to over $10 billion.
Different AI-themed tokens additionally posted substantial positive aspects, with AI16Z rising 164%, Zerebro (ZEREBRO) advancing 82%, Goatseus Maximus (GOAT) climbing 26%, aixbt (AIXBT) gaining 54%, and Freysa AI (FAI) growing 93%.
