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Finbold 2024-12-19 16:21:39

Fartcoin’s 1-month surge outpaces Nvidia stock’s yearly gain

Back on November 20, semiconductor leader Nvidia (NASDAQ: NVDA ) released its Q3 FY 2025 earnings report . It showed that, like in most recent quarters, the Jensen Huang -led venture saw meteoric growth and expansion. However, the markets were not satisfied. Nvidia stock has been on a pretty lengthy and strong rally for two years now — and after such impressive capital appreciation, it becomes increasingly hard to impress investors , who cannot be blamed for locking in their profits. On a year-to-date (YTD) basis, NVDA stock has seen prices increase by 163.07% to $130.28 at press time. NVDA stock price YTD chart. Source: Finbold In tandem with these events, as the United States presidential elections were concluded in early November, the cryptocurrency market entered a bull run. While leading digital assets saw huge gains, altcoins and, in particular, meme coins , are the biggest winners of this surge thus far. The disparity between the returns of even the strongest equities and humorous cryptocurrencies can be quite staggering. Case in point — over the last 30 days, Fartcoin (FARTCOIN) has outperformed Nvidia’s yearly returns — and the gains aren’t even particularly close. Let’s take a closer look at how a bit of blue humor blew away the linchpin of the artificial intelligence revolution. Fartcoin’s 275% monthly returns blow away Nvidia’s 163% YTD gains FARTCOIN was actually conceived by Truth Terminal , an artificial intelligence model. Inspired by the AI’s output, enterprising developers created the meme coin — soon enough, people began to send donations to Truth Terminal’s wallet, making it the largest holder of Fartcoin . With each transaction, a ‘gas fee’ is paid — and the sound of flatulence follows suit soon after. Apparently, that was enough to send FARTCOIN prices skyrocketing from $0.2959 to $1.11 — a 275.12% surge in just thirty days that has taken its market cap above the $1 billion mark. Fartcoin price monthly chart. Source: CoinMarketCap This rally isn’t showing signs of weakness, either — in fact, trading volume has increased by 125.46% in the last 24 hours, while the total market capitalization of FARTCOIN has grown by 29.10% in the same timeframe. As impressive as this surge has been, traders who are just now catching wind of Fartcoin should exercise caution — after such sudden moves to the upside, meme coins have a tendency to deflate. Featured image via Shutterstock The post Fartcoin’s 1-month surge outpaces Nvidia stock’s yearly gain appeared first on Finbold .

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