Crypto's Up and Up (and Fartcoin's Even More So) The CoinDesk 20 index had a surprisingly good day, with a majority of assets showing gains. Bitcoin Cash (BCH) and Near Protocol (NEAR) led the way, both rising significantly. Meanwhile, Fartcoin (FARTCOIN), a Solana-based memecoin, continues its wild ride, soaring over 370% from its yearly low. This memecoin's surge mirrors the earlier, now-muted, hype around Pepe coin, fueled by social media activity and a massive increase in open interest in futures markets. It's a reminder that the crypto world is often a rollercoaster of unpredictable ups and downs.
Friday, April 18, 2025
CoinDesk 20 Shows Gains, Fartcoin Explodes
Crypto's Up and Up (and Fartcoin's Even More So) The CoinDesk 20 index had a surprisingly good day, with a majority of assets showing gains. Bitcoin Cash (BCH) and Near Protocol (NEAR) led the way, both rising significantly. Meanwhile, Fartcoin (FARTCOIN), a Solana-based memecoin, continues its wild ride, soaring over 370% from its yearly low. This memecoin's surge mirrors the earlier, now-muted, hype around Pepe coin, fueled by social media activity and a massive increase in open interest in futures markets. It's a reminder that the crypto world is often a rollercoaster of unpredictable ups and downs.
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