The post Fartcoin’s Surges To $1.5B Market Cap In less Than 2 Months Of Launch appeared first on Coinpedia Fintech News In a latest develoment, Fartcoin, the Solana-based meme coin originated from AI bot Truth Terminal, reached a new record-high on Friday, pushing its market cap to $1.5 billion in less than two months of launch. The token’s price increased 9% to $1.5 in the past 24 hours, registering weekly gains of 44%. FARTCOIN has surged over 600% in the past month, currently ranking as the fifth-largest meme coin on the Solana blockchain. Its market capitalization trails only Bonk (BONK), ai16z (AI16Z), Pudgy Penguins (PENGU), and dogwifhat (WIF). If the bullish momentum persists, Fartcoin will soon join AI16Z in the $2 billion market cap club.
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New Solana Memecoin Elon Loves MAGA (ELOMAGA) Will Skyrocket 16,000% Before Exchange Listings
Elon Loves MAGA could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Elon Loves MAGA (ELOMAGA), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because ELOMAGA is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Elon Loves MAGA can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Elon Loves MAGA could become the next viral memecoin. Elon Loves MAGA launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Elon Loves MAGA on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Elon Loves MAGA by entering its contract address – 6mRLPcgWXUBYNfXouCxBoyjFzNjww9HNVFpBJkrqmFeE – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like ELOMAGA. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. coinpedia
Billionaire Bernard Arnault Loses $31,900,000,000 in One Year As Stock Prices Crumble: Report
French Billionaire Bernard Arnault’s net worth shrunk by over $53 billion in 2024 after a major correction in his stock portfolio. Arnault is the chairman and 48% owner of LVMH Moet Hennessy Louis Vuitton, the world’s largest manufacturer of luxury goods, which produces products like TAG Heuer watches and Dom Perignon champagne. According to Bloomberg’s Billionaire Index , Arnault’s net worth dropped from $231 billion to $178 billion between April and the end of 2024 – a $53 billion drop. The dip in Arnault’s net worth coincided with a nearly 40% shakeout in LVMH shares. Source: Bloomberg When zooming out, Arnault’s net worth has gone up exponentially in the last decade, and despite a rough 2024, he is still the sixth richest person in the world, behind Elon Musk, Jeff Bezos, Mark Zuckerberg, Larry Ellison, and Larry Page. In its recent Private’s Family Office Insight Series, Deloitte projects ultra-rich families who manage their wealth through private offices will grow their fortunes from $5.5 trillion today to $9.5 trillion in 2030. Dr. Rebecca Gooch, Deloitte Private’s global head of insights, says the mega-wealthy are growing their fortunes at a blistering pace. “Off the back of gains in their operating businesses and wider investments, the world’s most affluent families have been accumulating wealth at a meteoric pace – and we expect this trend to continue.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Billionaire Bernard Arnault Loses $31,900,000,000 in One Year As Stock Prices Crumble: Report appeared first on The Daily Hodl . coinpedia