Coinbase Lists $FARTCOIN, $DOGE Surges 6.32% on Musk's Tweet

Coinbase, a prominent cryptocurrency exchange, has announced the listing of several new altcoins, including utility tokens such as $CAKE and $SQD, as well as meme tokens like $FARTCOIN. Trading for these new listings will commence on Thursday at 12 p.m. EST. Among the new additions, $FARTCOIN has garnered significant attention, boasting a market capitalization of $1.34 billion, making it the second-largest Solana meme coin, trailing only $TRUMP. This token gained popularity in October 2024 when the Truth Terminal AI chatbot promoted it, resulting in a 44% surge over the past week. With its recent bounce off the 20 EMA on the weekly chart, the Coinbase listing could propel $FARTCOIN to a new all-time high of $2.75.

In addition to $FARTCOIN, other notable meme coins have also seen significant movements. Dogecoin ($DOGE), a top meme coin heavily influenced by Elon Musk's tweets, experienced a 6.32% jump to $0.20 following Musk's apology tweet to Trump. The correlation between Musk and $DOGE has strengthened since Musk's appointment to the Department of Government Efficiency. The potential approval of a Dogecoin ETF could further boost market participation and drive $DOGE to new heights.

As the altcoin season approaches, several meme coins are poised for significant gains. Solaxy ($SOLX) is a new meme coin with real utility, aiming to alleviate Solana's congestion issues by building the first true Layer 2 solution. This will offload transactions onto a sidechain, reducing traffic on the mainnet while maintaining security. Solaxy's recent collaboration with Hyperlane will integrate the Solaxy blockchain directly into Ethereum, allowing investors to tap into both Ethereum's liquidity and Solana's efficiency. The presale for $SOLX is ongoing, with one token available for $0.001754, and the project is expected to list in June with a potential price target of $0.032.

BTC Bull Token ($BTCBULL) is another promising meme coin, offering free $BTC airdrops to investors who store their tokens in Best Wallet. Every time Bitcoin reaches new milestones of $150K and $200K, investors will receive free $BTC. Additionally, $BTCBULL plans to burn a portion of its total token supply at regular intervals, with the first burn event scheduled at $125K. The presale for $BTCBULL is ongoing, with over $7.1 million in funding, and the token is expected to list in 2025 with a potential price target of $0.06.

SPX6900 ($SPX) is a viral meme coin that has gained over 40% in the past week. Its mission is to surpass the traditional S&P 500 stock market index in market capitalization, showcasing the power of community backing in the success of meme coins. Currently trading at $1.64, $SPX is on an unprecedented bull run, making new all-time highs. The listing of $FARTCOIN on Coinbase, combined with the Musk-Trump reconciliation, has created a bullish narrative for the altcoin economy, with $DOGE and $SPX leading the charge. New top altcoins like Solaxy ($SOLX) and BTC Bull Token ($BTCBULL) could also benefit from this era of community-backed surges in the digital asset space. However, it is important to note that this is not financial advice, and investors should conduct their own research before making any investment decisions.