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Fartcoin (FARTCOIN) Is the Only Cryptocurrency in the Top 100 by Market Capitalization to Turn a Profit on June 5th
Fartcoin (FARTCOIN) Is the Only Cryptocurrency in the Top 100 by Market Capitalization to Turn a Profit on June 5th
Jun 06, 2025 am 10:44 AM
Do you smell that? If you do, it is probably because Fartcoin is the only cryptocurrency in the top 100 by market capitalization to turn a profit on June 5th.
If anything good came out of June 5th for cryptocurrency investors, it is that Fartcoin managed to profit despite the broader market downturn.
The memecoin is known for its unique name and even more unique ticker: FARTCOIN. It is currently ranked 96th in the top 100 cryptocurrencies by market capitalization.
And while Bitcoin, Ethereum, and other major altcoins have seen price drops of up to 9% on June 5th, Fartcoin defied the market trend to gain nearly 10% during its daily high.
It is also performing well even against other memecoins — as Dogecoin, Shiba Inu, and Pudgy Penguins have all seen losses as high as 11% on June 5th.
Full Blast: The Forces Behind Fartcoin’s Surge
Now, this sudden upward movement does not necessarily mean that $FARTCOIN will continue its ascension. But it does give us an interesting insight into how the asset reacts in the charts.
For starters, the reason for this unexpected increase is that, today, Coinbase announced that Fartcoin was added to its listing roadmap — meaning that Coinbase plans to officially list Fartcoin in the near future.
Assets added to the roadmap today: Fartcoin (FARTCOIN) and Subsquid (SQD)
This boost of optimism has led investors to flock towards Fartcoin, betting on further gains once it officially hits Coinbase.
The asset has now reversed some of its losses seen from June 1st to June 4th, and also reclaimed the psychological $1.00 zone. It is currently changing hands at $1.04 — with a total market capitalization of $1.03 billion.
As of right now, the token trades around 62% below its all-time high (ATH) in January. Whether bulls will continue to drive the price upward or not remains to be seen, given the extreme volatility in the memecoin market and challenging market conditions.
But the fact of the matter is that, while the rest of the market is floundering, Fartcoin is proving it has enough gas to keep pumping.
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News data source: kdj.com
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