Fartcoin, a meme token based on the Solana blockchain, has reached a market cap of $1.5 billion in less than two months since its launch. The token's price has increased 9% in the past 24 hours and has seen weekly gains of 44%. Fartcoin is now the fifth-largest memecoin on Solana, trailing behind Bonk, ai16z, Pudgy Penguins, and dogwifhat. It is the second-largest AI meme coin after AI16Z, which recently surpassed $2 billion in market cap. The rally in AI meme coins has propelled the market value of the sector to over $10 billion. Other AI-themed tokens have also seen significant gains.



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