Fartcoin, a Solana-based meme coin, has recently experienced a meteoric rise, reaching a market cap of $1 billion after surging 100% in a week.

This surge has brought the price of FARTCOIN to $1, with a record trading volume of $199.59 million.

This bullish momentum is supported by an increase in social dominance to 1.01%, indicating a growing interest in this cryptocurrency.

Analysts suggest that if this trend continues, FARTCOIN could reach $2, doubling its market cap.

However, it is important to note that the cryptocurrency market is extremely volatile, and a correction could occur at any time.

Investors should therefore remain cautious and well-informed before making any financial decisions.