Solana-based Memecoin has brought quite a bit of noise in the crypto space. Memecoins on Sol networks such as Pepe (Pepe), Dogwifhat (WIF), and Bonk (Bonk) have found incredible profits over the last year. Fartcoin (Fartcoin) is the latest SOL-based memo coin that creates waves in the crypto market.
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Solana-based Fartcoin grows 227% amid the market revival
Memecoin is one of the most performant cryptocurrencies on the market today. The asset achieved 9.3% on the daily chart, 26.3% on the weekly chart, 138.7% on the 14-day chart and 227.8% on the previous month. SOL-based memokines are far superior to Bitcoin (BTC), Ripple’s XRP, and even Solana (SoL).
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Fartcoin’s rally comes amid a bigger market revival. The Crypto market faced a significant price drop after the US announced massive tariffs on several trading partners. The markets recovered after President Trump announced a 90-day hiatus on all tariffs except China.
Apart from Fartcoin, Solana (Sol) has experienced a significant price recovery. The assets temporarily fell below $100 during the market pullback. The popular cipher then revived a price level of $133.
Will Meme Coin be hitting one dollar next?
Sol-based Memecoin hit a record high of $2.48 on January 19th. Sol reached an all-time high of $293.31 on the same day. Both assets have faced a major price adjustment since their peak in January. Fartcoin is down nearly 63% from an all-time high.
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According to Concodex, Solana-based memokine could enter a bullish phase over the coming weeks. The platform predicts that the coin will violate the $1 mark on April 20th. The platform predicts the coin will reach a new all-time high of $4.32 on May 25th.
