Global Macro Monitor

Simply Splendid!

Everything down this past week x/ the dollar.  Can’t recall seeing every global stock index (x/ Russia – special case) we track being negative on the week.   

WTF!  How did we get here? So much for faux Crypto scarcity. 

Fartcoin, a flatulence-themed meme coin on the Solana blockchain, rose to a new all-time high price above $0.52 on Wednesday, topping the previous high set overnight with a market cap of over $520 million.

As of this writing, Fartcoin (FARTCOIN) has seen a 69% increase in the last 24 hours and a 154% gain in the last seven days. 

Its price jump comes amid a broader gain in the AI sector, and particularly AI-related meme coins, a category that has climbed more than 20% in the last 24 hours. That’s vastly outpacing the overall crypto market gain of 7% during the span, beating top assets like Bitcoin and Ethereum in the process. – decrypt.co