Fartcoin was the only cryptocurrency in the top 100 by market capitalization to turn a profit on June 5th, gaining nearly 10% in value while Bitcoin and Ethereum faced losses.
Even amidst a market downturn, Fartcoin outperformed other altcoins like XRP, Solana, Cardano, Dogecoin, Shiba Inu, and Pudgy Penguins.
The surge in Fartcoin's value was fueled by Coinbase's announcement of adding Fartcoin to its listing roadmap, leading to increased investor interest and a positive price movement.
Fartcoin has now recovered some losses from earlier in the month, trading at $1.04 with a market capitalization of $1.03 billion, showcasing resilience in a volatile memecoin market.