Fartcoin, the Solana meme coin that is seeing massive popularity amid new market buzz around AI agents, has seen its token’s price explode as Binance Futures announces its listing.
The Fartcoin token (FARTCOIN) hit a market capitalization of $1 billion earlier today as fresh bullish momentum helped cryptocurrencies stem the latest price decline. The December 20 milestone came as the meme coin’s price reached a new all-time high of $1.30.
Last week’s gains amounted to over 50%, while the parabolic performance seen over the past month has sent FARTCOIN up over 370%. Notably, the meme coin’s peak that day came when Binance announced the listing of the Fartcoin perpetual futures contract.
Binance noted that the listing of AIXBT, FARTCOIN, KMNO, and CGPT perpetual contracts aims to expand trading choices for users. Binance Futures added perpetual contracts for the tokens starting at 6:30 p.m. UTC on December 20, offering up to 75x leverage.
CGPT tokens from AIXBT by Virtuals and ChainGPT also rose sharply, gaining 16% and 42% respectively in 24 hours.
Interestingly, AIXBT, FARTCOIN, and CGPT tokens are also among the first to land on Binance Alpha.
Binance Alpha is a new platform that highlights early-stage projects with the potential to list on the world’s largest crypto exchange. Binance has not yet listed any of these tokens on its spot market. However, the unveiling of Binance Alpha and the addition of crypto projects among the early entries has traders taking a more optimistic outlook.
Besides Fartcoin’s market cap reaching over $1 billion, 24-hour volume increased to over $315 million, with a jump of 8%. Increased market activity as prices rise suggests that the cryptocurrency is attracting more traders.
