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Meme Coins Blast Past Bitcoin Gains as Crypto Market Gets Frothy Again Meme Coins Blast Past Bitcoin Gains as Crypto Market Gets Frothy Again

Dogecoin Keeps Surging as Fartcoin Rides AI Hype to All-Time High Price

Dogecoin is getting hot again, jumping by nearly 11% over the past 24 hours to continue gains from the last couple days—and another meme coin is even hotter, thanks in part to recent hype over AI-related tokens.

DOGE is up to a current price of $0.375, the highest mark seen since December 18 amid a market-wide plunge. Dogecoin has now climbed 18% since the start of 2025, rebounding after falling to below $0.27 on December 20.

The original meme coin saw a surge this fall on the back of prominent fan Elon Musk’s support of Donald Trump on the campaign trail, and then blasted off alongside Bitcoin and other major assets following Trump’s win. DOGE then peaked at $0.48 in December, marking a three-year price high for the asset.

Dogecoin isn’t the only major asset gaining steam Friday. It’s not even the biggest gainer in the top 10 coins by market cap—that honor goes to Cardano, which has jumped 15% on the day to a current price of $1.10.

Bitcoin, by contrast, is up just 1% on the day to $98,275, with Ethereum rising over 3% to nearly $3,600.

Another meme coin in the top 100 cryptocurrencies by market cap is celebrating a fresh milestone Friday, as well, with the recently surging Fartcoin (FARTCOIN) reaching a new all-time high price of $1.53 just a bit ago.

Fartcoin is rising in part due to its association with the AI-driven X account Truth Terminal, which dreamed up the name of the coin before an unknown human created and launched it via Solana meme coin launchpad Pump.fun. It’s now up 57% over the last seven days.

The Solana token surged on Thursday alongside other cryptocurrencies tied to AI agents, the launchpads used to deploy them, and meme coins tied to those agents. The AI + crypto narrative is being hailed by some traders as the latest meta in the space, though it also has prominent detractors.

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Andrew Hayward

https://decrypt.co/299470/dogecoin-keeps-surging-fartcoin-all-time-high

2025-01-03 16:45:27

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