Hot Air Rises Once as Fartcoin Surpasses Dogecoin in April Fool&#039, s Meme Rebound

Flatulence-themed Solana meme coin Fartcoin is on the rise again, jumping nearly 22 % in the last 24 hours to$ 0.53 and outpacing the gains of top meme coins like Dogecoin ( DOGE ) and President Trump’s official Solana token ( TRUMP ) in the same timeframe. &nbsp,

The token, whose proponents use the tagline “hot air rises” when promoting its glide higher, has reclaimed a$ 500 million market cap after crashing to approximately$ 200 million in early March.

However, FARTCOIN still remains about 78 % off its all-time high of$ 2.48 from February.

By comparison, DOGE and TRUMP have gained just 4 % and 2 % in the last 24 hours, respectively. &nbsp,

Fartcoin’s position as the best image gold head on April Fool’s Day may be a fluke, but the token’s rise of more than 108 % in the last month comes amid an obvious sentiment shift among Solana meme coin traders as they hope for another potential run for the token. &nbsp,

” Fartcoin’s outperformance today is on tens of millions of dollars in liquidity and over$ 10 million volume in the past 24 hours. Nothing else like this is happening in the meme coin space”, posted pseudonymous crypto personality Artchick on X ( formerly Twitter ) on Monday. She added that Fartcoin may be” a Trojan horses for the entire video gold business”.

The token’s mindshare is growing, when properly, based both on X action and on-chain information.

The name for Fartcoin was dreamed up by an AI robot, and information related to its mindshare is being tracked alongside other AI representative tokens via analysis software Cookie. excitement. Fartcoin currently maintains the largest mindshare among AI tokens at 13.39 %, and has also posted the largest mindshare gain in the last three days, jumping 4.5 % over that time.

Did the Fartcoin jump help propel a possible meme coin comeback? It may be too early to tell, but Pump. fun key rocket co-founder Alon Cohen told in later March that he believes image currencies are here to stay.

” A blockchain person now is as likely to be trading image cash as they were one or two weeks ago”, said Cohen. &nbsp,

The meme category has jumped by more than 5 % in the last 24 hours while Bitcoin and Ethereum have gained approximately 2 % and 4 % respectively, according to data from CoinGecko.