BONK vs FARTCOIN – Examining which Solana-based memecoin will come on top
The post BONK vs FARTCOIN – Examining which Solana-based memecoin will come on top appeared on BitcoinEthereumNews.com.
Memecoins are seeing significant capital inflows, with Solana-based tokens recording impressive growth FARTCOIN has positioned itself as a serious challenger to BONK’s market dominance The memecoin sector has been recording major capital inflows lately. Solana-based memecoins, in particular, have absorbed a significant share of these inflows, registering a 9% hike in aggregate market capitalization to $6.78 billion, at the time of writing. Now, although a majority of these tokens remain well below their pre-election highs, several outliers seem to be exhibiting strong relative strength. Consider Fartcoin [FARTCOIN], for example. The altcoin surged by 192.80% on a 30-day trailing basis. In fact, the memecoin seems to be exhibiting bullish continuation and might be poised to reclaim its $1 billion market cap. Should this momentum persist, Q2 may catalyze a reshuffling of dominance within the Solana memecoin cohort. Especially as Fartcoin [FARTCOIN] narrows the gap with Bonk coin [BONK]. Solana memecoins’ current market standing At press time, Official Trump [TRUMP] was leading the Solana memecoin leaderboard with a market capitalization of $1.63 billion, with the crypto trading at $8.18. This, on the back of daily gains of 2.50% after bouncing off its local low of $7.14 on 07 April. BONK followed suit with a $982 million market cap, priced at $0.00001269, marking a 14.4% daily surge. At the time, it was the strongest among top-tier memecoin by relative strength. Close on its heels, FARTCOIN was trading at $0.89 with a 2.02% daily uptick and a market capitalization of $893 million. Thanks to the same, the crypto seemed to be narrowing the dominance gap. Source: CoinGecko Technically, momentum across Solana’s memecoin cohort is a sign of speculative appetite returning post-slump. BONK, in particular, has been exhibiting breakout potential based on 156% volume expansion and aggressive bid-side flows. That being said, memecoins remain structurally…
Filed under: News - @ April 12, 2025 2:21 pm