Dogecoin Is Down Bad, But Fartcoin Rises Above Markets Chaos

Crypto -markets refueled on Monday after traders who were played by President Trump’s trade war quickly sold risk activa. But one token rises above the chaos: the Solana -based meme coin, Fartcoin.

The Activum has risen by around 10% in the last 24 hours, according to Coingecko data and recently exchanged hands for almost $ 0.49. At one point on Monday morning eastern time it was almost as high as $ 0.55.

At the current price, Fartcoin is one of the rare cryptocurrencies that show winnings in the midst of widespread falls in the past day.

The price hump of the Meme-Munt even comes as other, established mess coins-as the favorite of Elon Musk, Dogecoin-a hit: the original meme-mint was recently priced at $ 0.145 after the fall of almost 10% per day.

In fact, most big meme coins – including Pepe, Shiba Inu and official Trump – are now in red.

US shares that were tanked last week after President Trump announced 10% Baseline rates for all trading partners, and a higher rate for other major economies such as China, the European Union and Vietnam. The dollar fell and even gold-a well-established “safe haven” actively-is on Monday.

Bitcoin and other large cryptocurrencies soon followed, even though they kept stable on Friday while the shares refuel. The largest digital currency per market hood when Asia markets opened.

Meme coins are cryptocurrencies that are often based on internet jokes, culture and prominent figures. They are known for their most important price movements in what is already a volatile asset class and made the headlines after crypto-friendly president Trump launched his own meme token, Trump, just a few days before his inauguration.

As the shares crash and large cryptocurrencies are damaged, the sudden rise of Fartcoin can be a sign of the unpredictability to come. Monday’s increase is already confusing and delighted investors and analysts on social media.

“Literally everything is down, even treasure chests and gold. Bitcoin and Ether both in gutter. Can anyone explain this?” Bloomberg Senior ETF analyst Eric Balchunas wrote on x.

“Hot Air rises,” replaced different users.

Published by Andrew Hayward