Fartcoin made headlines in April for printing gains while gold, Bitcoin, and stocks plummeted – and then they followed.
Today, as Trump and Musk go blow for blow with stern insults and even threats, most traditional and digital assets are red – except Fartcoin, which has gained 15%. Is this the best meme coin to buy, or could something else give even bigger gains?
Coinbase Listing Helps Fartcoin Defy Market Crash
Over $980 million has been liquidated from the crypto market in the past 24 hours and the total crypto market cap is down 3.7%. It’s because of Donald Trump and Elon Musk trading insults on their respective social media sites, Truth Social and X.
Their once tight-knit bromance, which Musk claims is the reason Trump won the election, appears to have reached a bitter end. Musk publicly ousted Trump over what the administration has called “One Big, Beautiful Bill,” a public reconciliation bill that has already been approved by the House of Representatives.
The bill will lift the nation’s debt ceiling by $2.4 trillion, which Musk called a “disgusting abomination,” and argues that it’ll only worsen the already prevalent issue of US debt.
But as titans clash and macroeconomic concerns intensify, Fartcoin hasn’t just maintained its price, it has gained 15%. It currently trades at $1.05 and has seen a 79% increase in 24-hour volume.
The Fartcoin community would love this to prove Fartcoin’s position as the ultimate hedge against currency debasement. But that’s not the case.
The real reason is that Coinbase just said it’ll list the token.
Coinbase Assets added Fartcoin to its listing roadmap and announced it on X. The post has garnered over 800K impressions, underlining just how big of a deal this is to the crypto community.
Fartcoin’s gains would have been much stronger had Coinbase made the announcement on a bullish day. This could mean that the rally extends as the market recovers.
In April, Fartcoin was a leading risk indicator for the market, rallying ahead of everything else. So if Fartcoin continues to rise in the weeks ahead, we could well see other projects follow suit.
Could These Meme Coins Outpace Fartcoin as the Market Recovers?
The market is red today due to the Trump-Musk fiasco, but Musk has seemingly extended an olive branch by saying “we won’t decommission Dragon,” referring to a SpaceX spacecraft that is assigned to US government contracts. As a result, the market is settling.
If the quarrels continue to ease, the market could well begin to recover and Fartcoin and other meme coins could start to rise. Yet, with a $1 billion market cap, Fartcoin’s growth potential is limited.
One project that could potentially outpace Fartcoin is Solaxy. It’s building a Solana layer 2 blockchain with a focus on meme coins. It has vibrant artwork and a use case that revolutionizes Solana’s transactional capabilities. That’s the best of both worlds.
The project aims to alleviate Solana’s congestion issue, which causes extended wait times and increased rates of transaction failures during periods of peak network activity.
It’s currently undergoing a presale and has raised $44 million so far, but this will end in 10 days.
With a value-focused use case and immense investor support, $SOLX appears poised for serious growth. Visit Solaxy.
Snorter is another Solana-based meme coin that provides real value. It’s a next-generation trading bot offering copy trading, automated sniping, honeypot detection, staking, and 0.85% fees (the best on the market).
It’ll also launch on the Ethereum, Base, BSC, and Polygon chains, meaning users can catch lucrative trading opportunities across multiple ecosystems.
The project is undergoing a presale and has raised $450K so far.
Its presale allows investors to buy in at a discounted price. Considering its use case, we could well see $SNORT explode once it reaches exchanges, and that’ll provide presale buyers with big gains. Visit Snorter.
Another Fartcoin alternative is Kekius Maximus. Elon Musk has exhibited his immense influence over the market this week. But in the same way as he has crashed prices this week, he and Trump both have the ability to rocket prices in another week.
In recent months, Musk has adopted an X profile moniker called Kekius Maximus, a gladiator-themed remake of Pepe the Frog. The Kekius Maximus meme coin was created on Pump.fun in response. Its price exploded initially but tumbled after Musk reverted his profile image in January.
However, he adopted the moniker again in May, causing the $KEKIUS price to rally over 50%. Yet, right now, the project has a market cap of just $48 million. It’s sitting 90% below its ATH.
In 2021, Musk helped catapult Dogecoin to an $80 billion valuation. There’s every chance he sends the $KEKIUS price much higher cycle, intentionally or not.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.