Fartcoin (FARTCOIN/USD) has surged by 14% in the past 24 hours, outperforming established meme coins Dogecoin and Shiba Inu. This rally follows a 30% increase since its listing on Coinbase, driven by strong market momentum. Prominent traders, including Unipcs, have noted the potential for Fartcoin to reach the $2 mark, as it prepares to debut on a major U.S. retail exchange. Market data from Coinglass reveals $5.01 million in short liquidations over the last day, with open interest and derivatives trading volume rising by 11.7% and 31%, respectively. This indicates a significant uptick in speculative trading activity, as traders anticipate further gains for Fartcoin.