- FARTCOIN surged by 150% and hit a $1.33B market cap after Coinbase added it to its listing roadmap on June 6.
- SPX6900 jumped 150% in a month, gaining market confidence through multi-chain expansion and CEX listing speculation.
- Meme coins outperformed broader altcoins despite Bitcoin dominance, driven by hype, roadmap news, and high retail volume.
Meme coins are seeing explosive growth even as broader market indicators show muted altcoin sentiment. SPX6900 (SPX) and Fartcoin (FARTCOIN) have recorded more than 150% gains, despite the Altcoin Season Index remaining at a low of 20.
This index reading, which is well below the 25-point level, shows a strong Bitcoin Season where capital is largely concentrated in BTC. However, this trend hasn’t stopped the latest meme coin entrants from outperforming nearly all other digital assets in the market.
Both SPX and FARTCOIN have grown majorly in the past month. They have surpassed the broader market’s 5% growth, standing out amid low sector-wide momentum.
FARTCOIN Soars on Coinbase Roadmap News
FARTCOIN, launched in October 2024 via PumpFun, runs on Solana and appeals to retail-focused crypto communities. It surged over 20% after Coinbase added it to its listing roadmap on June 6, leading to renewed buying activity.
The announcement drove trading volume to $396 million within 24 hours. At the time of reporting, FARTCOIN was trading at $1.01, while its market cap is at $1.33 billion. With these figures, FARTCOIN ranks as the 67th largest digital asset and the 6th largest meme coin.
Investors noted its inclusion on Coinbase’s roadmap, which has led to further demand. Many expect that a full spot listing on leading exchanges such as Binance and ByBit could follow. This anticipation, paired with already increased momentum, has contributed to the current price strength.
SPX Gains Traction Across Multiple Networks
SPX6900, originally launched on Ethereum, has since expanded to Solana and Base. This multi-chain approach has attracted diverse meme coin traders. At press time, SPX was trading at $1.27, with a market cap of $1.18 billion.
The token’s 150% monthly gain comes from growing speculation about potential listings on large centralized exchanges like Coinbase and Binance. SPX’s expansion to multiple blockchains has amplified its presence in meme-focused communities.
As listing rumors grew, buying pressure followed. This aligns with increased activity from investors targeting low-cap, high-volatility meme assets, even in a low-altcoin momentum environment.
Altcoin Season Index Shows BTC Dominance
The Altcoin Season Index by Coinglass remains at 20, indicating a strong Bitcoin Season. This figure is below the 25 mark that defines the beginning of altcoin dominance. Historically, values above 75 represent full Altcoin Seasons, while values under 25 show BTC outperformance.
Since April 2021, the index has cycled through brief altcoin peaks followed by sharp Bitcoin-led reversals. Recent market conditions suggest that Bitcoin continues to attract the majority of institutional and retail capital.
This comes amid ETF headlines and macroeconomic hedging narratives. Yet, FARTCOIN and SPX have bucked the trend. Despite the current Altcoin Season Index showing one of its lowest readings, SPX and FARTCOIN have achieved outsized gains.
Community-driven demand, strategic multi-chain deployments, and listing roadmap announcements have all played key roles. With market sentiment still toward Bitcoin, these meme coins have carved out momentum independently, backed by surging interest and high trading volumes.
