Fartcoin Explodes Past Bonk, Claims Second Spot in Solana Memecoin Mania!

Fartcoin's 15% Surge Rockets Market Cap Over $1 Billion!

Fartcoin just steamrolled Bonk, snagging the title of the second-biggest Solana memecoin by market cap after a wild 15% rally that blasted its market cap over the $1 billion mark. This isn't just a number—it's a declaration of dominance in the memecoin arena!

From $0.40 to $1.06: Fartcoin's Wild Ride!

Fartcoin (FARTCOIN) has been on a tear, skyrocketing over 15% in the last 24 hours and smashing through the $1 psychological barrier to hit $1.06. That move has catapulted Fartcoin's market cap past the billion-dollar mark, leaving Bonk (BONK) in the dust with a mere $980 million. Fartcoin's been on fire, folks!

Breakout Bonanza: Fartcoin Ignites After Consolidation!

FARTCOIN's breakout isn't some random fluke. Its price has been scorching hot lately, breaking out of the $0.40-$0.55 range it was stuck in from March 29 to April 9. On April 9, it staged a breakout for the ages, with volume spiking and the price rocketing to an intraday high of $0.78. The momentum was relentless, pushing the price to $0.97 on April 11 before taking a brief breather.

But the uptrend was far from over. Fartcoin shattered previous highs and stormed past the $1 mark. The trend is unmistakably bullish, with FARTCOIN trading well above both the 20-day EMA and 50-day SMA. If this momentum keeps up, we could be looking at a target of $1.20-$1.25. But keep an eye on that RSI—it's flirting with 70, hinting at a possible pullback.

Bonk's Struggle: Can It Keep Up?

Meanwhile, Bonk's been limping along, slipping slightly in the last 24 hours and stuck in a range between about $0.0000095 and $0.0000138. Its momentum is a sad shadow compared to Fartcoin's explosive breakout. Sure, the moving averages are lining up bullishly, and the price is cozying up near the top of the range, which could be a pre-breakout setup if volume picks up. But let's be real—recent volume is nowhere near the March spikes, suggesting this breakout attempt is still lacking the oomph it needs. It's a potential sign of more range-bound action or a slow, agonizing climb.

For Bonk to make a real move, it needs a clean daily close above this range, with follow-through and rising volume. That's the only way to confirm a breakout, and the next immediate target would be around $0.000015—a level where the price was rejected twice in early and late March.