Fartcoin Leads Altcoin Slump With Double-Digit Drop

In brief

• Fartcoin plunged 28% from its weekly high, liquidating $51M in 24 hours.
• The meme coin’s crash came after it surged 45% in two days to its peak Wednesday.
• Hyperliquid recorded $84M in liquidations, topping centralized exchanges Binance and Bybit.