FartCoin Soars 47% in 24 Hours as Crypto Market Takes Off with Trump’s Tariff Shift

Memecoin FartCoin has experienced a dramatic surge, gaining an impressive 46.04% within a single day to reach $0.7354. This surge is pushing its market capitalization to $735.45 million and driving significant trading volume, up by 90.30% to $467.5 million. CoinMarketCap lists FartCoin as one of the top gainers for two consecutive days. This comes amidst a broader rally in the crypto market, with the total market cap climbing 7.42% to reach a record-high $2.6 trillion. 90-day tariff pauses by U.S. President Trump have fueled this upward movement in the crypto space. While this may be attributed to the positive impact of these tariff changes on global markets, other factors, like Bitcoin’s break past $82,000 and Ethereum exceeding $1,600, are driving excitement among investors. The stock market has also responded strongly, with the Nasdaq gaining a significant $3.5 trillion in just one day. This is comparable to the crypto market’s peak last year. Other memecoins such as Dogecoin, Shiba Inu, and Pepe have also experienced significant increases. FartCoin’s performance aligns with this momentum, reflected by a shift in the Crypto Fear and Greed Index from extreme fear to a more cautious 25.