Fartcoin, a Solana-based memecoin, surged 113% over the past month, briefly hitting a $1 billion market cap on Dec. 18, despite a broader crypto market downturn. The spike came after the Fed's 25-basis-point rate cut announcement, with Fartcoin's price peaking at $1.02 before dropping 16% to $0.83. Investors humorously noted the irony of seeking "safety" in Fartcoin during market volatility. Launched on Oct. 24, Fartcoin has seen wild price swings, reflecting ongoing market unpredictability.