Meme Coin Market Rally Led by Fartcoin and Pepe

The market for meme coins experienced a notable surge on Wednesday, fueled by a broader rebound in the cryptocurrency sector.

What Happened: The Solana (SOL/USD) based coin Fartcoin took center stage, rising over 11% in just 24 hours.

Fartcoin saw an impressive increase in its trading volume, which jumped by 87%, indicating strong demand for this whimsically named cryptocurrency.

In addition to Fartcoin's performance, Floki (ETH/USD) also enjoyed a boost, climbing by more than 8% and recovering losses incurred earlier in the week. Similarly, the frog-inspired coin Pepe recorded gains of nearly 6% within the same time frame.

The Solana-backed token Bonk also saw a positive performance, yielding approximately 5% in returns for its investors.

Cryptocurrency	Gains +/-	Price (Recorded at 11:30 p.m. ET)
Fartcoin (FARTCOIN)	+11.20%	$0.9689
FLOKI (FLOKI/USD)	+8.69%	$0.0001256
Pepe (PEPE/USD)	+5.95%	$0.00001281
Bonk (BONK/USD)	+4.92%	$0.0000255

Meanwhile, the meme coin associated with former President Donald Trump, named Official Trump (TRUMP/USD), experienced a growth of 3.34%.

However, well-known meme coins such as Dogecoin (DOGE/USD) and Shiba Inu (SHIB/USD) registered more modest gains, at 1.83% and 2% respectively.

Overall, the total market capitalization for meme coins rose by 1.65%, reaching $92.29 billion over the past 24 hours, alongside an increase of 3.94% in trading volume.

This upswing allowed holders to recover some of the declines they experienced earlier in the week, particularly due to concerns stemming from China's open-source AI model, DeepSeek.

In the days preceding this rebound, many meme coins had registered significant downturns, mirroring the trends seen across the wider cryptocurrency market.

Image via Shutterstock

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