Solana-based memecoin Fartcoin is defying global markets by being one of the first tokens to recover amid a broader stock market meltdown.
While crypto and stock markets are deep in the red this week, one memecoin is defying the trend and surging at the time of writing.
Fartcoin (FARTCOIN) has surged a whopping 30% over the past 24 hours, topping $0.60 on April 8, according to CoinGecko.
On April 7, the Solana-based memecoin hit a low of $0.42 amid the broader crypto market slump, which saw Bitcoin (BTC) prices fall below $75,000 to a five-month low.