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The Defiant 2025-03-24 17:42:26

Memecoins Fly as Risk-on Sentiment Returns

On the back of a 30% correction in Bitcoin and a 10% correction in the S&P 500, risk assets are beginning to surge, led by Solana memecoins yet again. CoinGecko’s “Pump.fun ecosystem” category is up 19% over the last 24 hours, along with the “AI meme” category, which is up 14% in the same period. The FARTCOIN memecoin and AI agent platform ARC are among the best performers, with FARTCOIN up 100% over the last week and 25% in the last day, while ARC is up 55% over the last day. Together, the two tokens added roughly $220 million in total market capitalization in the last 24 hours. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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