Memecoin Fartcoin Price Surge 300% Amid Global Carnage Leaves Bitcoin, Gold, and Nasdaq in the Dust

'A Joke Shrouded in Volatility': Fartcoin Soars by Incredible 300%, Defying Global Market Struggle

One trader noted that Fartcoin's astonishing move is a “perfect metaphor” for the current conditions, where even traditional assets are trading like a joke.

Author: Christian Sandor | Edited by: Aoyon Ashraf Updated: April 13, 2025, 5:39 PM Published: April 12, 2025, 4:08 PM

Basic information:

Amidst volatility in global markets, the Solana-powered meme token Fartcoin has quadrupled its market cap to reach nearly $1 billion in a month.
Despite the lack of speculative excitement and optimism, it has outperformed almost all risk assets in terms of returns, breaking away from other memecoins such as DOGE, WIF, PEPE and TRUMP.
According to the well-known trader Smiley Capital, such dynamics may indicate early signs of a return of interest in risky assets to the markets.

April, a month that will be remembered for its high market volatility, saw rising tensions between the US and China and a massive sell-off in global markets, leading to panic selling across virtually every asset class.

Amidst the chaos in the strange depths of the cryptocurrency market, one of the most unlikely winners has emerged: Fartcoin (FART).

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The Solana-based memecoin has jumped nearly 90% in the past week and roughly 300% in the past month, leaving traditional assets — and much of the crypto market — far behind.

By comparison, Bitcoin (BTC), the leading and most resilient cryptocurrency, is little changed over the past week and month, while riskier altcoins like Ethereum (ETH), Solana (SOL), and XRP are all in the red. Meanwhile, the tech-heavy Nasdaq 100 Index is down about 2% over the past week and nearly 5% for the month, as rising bond yields and geopolitical tensions weigh on risk assets.

Fartcoin has surged 300% in the past month while other risk assets have fallen. (TradingView)

It even outperformed gold, which recently hit an all-time high on increased demand for safe-haven assets, gaining 6.5% for the week and 12% for the month.

“Fartcoin’s absurd dominance is the perfect metaphor for this market,” commented Kirill Kretov, a specialist in automated trading at CoinPanel, in a Telegram post. “A joke wrapped in volatility, where rising US and Chinese tariffs make ‘rational’ trading a fantasy.”