TLDR

Fartcoin surged 15.5% today even as the broader crypto market faced a sharp decline.
The price moved above the one-dollar mark following Coinbase’s announcement of adding Fartcoin to its listing roadmap.
Daily trading volume for Fartcoin jumped 80%, reaching 404 million dollars across centralized and decentralized exchanges.
Open interest in Fartcoin futures rose 20 percent to 615 million dollars, reflecting increased market confidence.
The coin’s market capitalization climbed to one billion dollars amid growing hype and strong community support.

The price of Fartcoin surged 15.5% today, surpassing the $1.0 mark during a broad crypto market correction. The price jump followed Coinbase’s announcement of adding Fartcoin to its listing roadmap, which triggered strong demand and increased market participation.

Fartcoin Price Rallies on Coinbase Roadmap News

The announcement from Coinbase lifted market sentiment, driving Fartcoin’s daily trading volume to $404 million across major exchanges. This marks an 80% rise in volume, showing growing interest despite overall market weakness. The altcoin also regained some losses recorded earlier this week.

Open interest in Fartcoin futures surged 20% to $615 million, reflecting high anticipation around the possible listing. Market participants expect higher activity as Coinbase finalizes technical checks and liquidity arrangements. The listing is not confirmed yet, but market optimism remains elevated.

Fartcoin’s price uptrend contrasts with broader declines, and its market cap soared to nearly $1 billion. Momentum continues to build amid social media hype and meme-driven enthusiasm. Traders anticipate higher price levels if Coinbase proceeds with full integration.

Coinglass Data Shows Bullish Futures Activity

Futures data from Coinglass confirms strong activity, with positions favoring upside movements in Fartcoin. The increase in leverage signals confidence surrounding short-term price action. This suggests further inflows into Fartcoin-related products across both centralized and decentralized platforms.

Trading volume spikes have supported this rise, even as major altcoins declined sharply. As Fartcoin futures grow, open interest points to potential sustained price appreciation. The coin may continue to perform if sentiment stays positive ahead of any listing.

However, Coinbase emphasized that asset trading begins only after confirming sufficient infrastructure and liquidity. The exchange plans a separate announcement after all listing requirements are met. Until then, Fartcoin remains on the roadmap with no official launch date.

Altcoin SQD Also Joins Coinbase Roadmap

Coinbase has also added SQD, the native token of Subsquid, an Arbitrum-based data platform, to its listing roadmap. SQD’s inclusion brings more attention to emerging altcoins despite turbulent market conditions. Like Fartcoin, SQD awaits technical and liquidity checks before trading begins.

Meanwhile, the broader market suffered sharp losses as Bitcoin dropped to $100K and Ethereum saw a deeper correction. Political tensions between Donald Trump and Elon Musk contributed to growing uncertainty. Total market liquidations reached nearly $1 billion today.

The post Massive Spike in Fartcoin: Rising Hype or Real Momentum Building? appeared first on CoinCentral.

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Filed under: News - @ June 6, 2025 9:41 am