Fartcoin rides memecoin surge following Trump's win
SalonLet’s get it out of the way: Haha, Fartcoin! Now, on to the reality: Memecoins — meme-based cryptocurrencies — are surging in market value after President-elect Donald Trump’s reelection and his pledge to make the U.S. the "crypto capital of the planet." Crypto enthusiasts are anticipating a boost to the industry under a second Trump term, a sentiment that’s already been reflected by a record Bitcoin valuation earlier this month. Trump’s crypto venture, World Liberty Financial, has been buying millions of dollars worth of niche coins, Bloomberg reported on Friday — hinting at a far more crypto-friendly administration to come. “There are lots of events in 2025 that can help drive bitcoin and crypto prices up further,” Gracy Chen, CEO of crypto group Bitget, told NBC News.