Dogecoin is gradually rebounding after dipping to a 2025 low earlier this week—but leading meme coins on Solana are seeing massively larger gains, with some high-cap coins rising by as much as 30% over the last day.
DOGE is up about 4% over the last day, per data from CoinGecko, sitting at a price of nearly $0.337 as of this writing. But Dogecoin is still down 5% over the last week as it gradually regains after dipping to a price under $0.31 on Monday.
So far in 2025, Dogecoin peaked at a price above $0.43 on Friday, January 17, falling sharply as soon as President Donald Trump launched his own Solana meme coin that night—just three days ahead of inauguration day. Dogecoin open interest has also plummeted in recent days as the coin lost considerable momentum.
Dogecoin Open Interest Falls By $1.7 Billion as Original Meme Coin Sinks
Bad news for Dogecoin investors: The coin is one of the worst performers over the past week near the top of the crypto charts—and the amount of money being bet on the asset's future price is dwindling. Data from CoinGlass shows that open interest on the original meme coin now stands at nearly $3.8 billion. It hit a record high of $5.5 billion on January 17. Open interest refers to the collective value of futures contracts that have not yet been settled by traders. And the price of Dogecoin now...
But in the Solana meme coin space, some of the leading coins are booming right now.
Fartcoin (FARTCOIN), which fell out of the top 100 coins by market cap earlier this week, has reentered the rankings with a 38% spike over the past day to a current price of $1.27—though it's still down 15% in the last week due to its previous plunge.
The flatulence-themed token had fallen in part due to a sizable sale of tokens last week by Andy Ayrey, the creator of the popular Truth Terminal AI bot that originally came up with the concept for the token. Even with today's rise, Fartcoin remains down 50% from its all-time high price mark set just 11 days ago.
Solana Meme Coin Fartcoin Falls After AI Bot Creator Sells Huge Stash
Recently hot meme coin Fartcoin is down 17% in the last 24 hours amid news that Andy Ayrey, the creator of the popular AI bot Truth Terminal that inspired the token, helped facilitate the sale of a majority of its Fartcoin (FARTCOIN) holdings in an over-the-counter trade. Truth Terminal was initially sent 20 million Fartcoin tokens to its original Solana wallet on October 18, 2024 according to data from Solscan, a Solana block explorer—essentially an app that lets users view transactions on the...
Why is Fartcoin rebounding so rapidly? That's unclear, but meme coins are wildly volatile and trade on vibes. Some of it may be due to improving sentiment across the crypto market. It could also be tied to a viral news story about a UK woman sentenced to jail for a "cyber-farting" scheme. Anything is possible.
Another surging Solana token with a similar vibe is Buttholecoin (BUTTHOLE), which sits well outside the top 100 with a market cap of about $61 million, but it's spiked by 53% over the last 24 hours.
Elon Musk's X Reveals First Payments Details—But No Dogecoin (Yet)
The social media platform formerly known as Twitter will soon take one step closer to becoming Elon Musk’s “everything app,” with X’s long-awaited payments service set to debut later this year. The service, dubbed X Money, will be offered through a partnership with Visa, X CEO Linda Yaccarino said on X Tuesday. The X account for the platform’s payment service bills itself as a solution “for all your money moves,” yet it does not reference cryptocurrency specifically. Yaccarino didn’t name drop...
Back in the top 100 coins, Solana meme coin SPX6900 is up by 27% over the last 24 hours, and now is about even over the last week. Even with the jump, SPX6900 is down 22% from its recent all-time peak.
And Trump's official Solana coin, meanwhile, has climbed by just 2% over the past day to about $27.50.
