FartCoin, a meme cryptocurrency, has experienced fluctuations in market value recently. Initially, it reached a peak market capitalization of $2 billion but has since dropped to approximately $500 million. The coin is currently facing scrutiny as its value has declined significantly, with some users noting that many meme coins have lost 85-90% of their value. Despite these challenges, FartCoin remains a topic of discussion among crypto enthusiasts, with some asserting its unique position in the market. Comparatively, other meme coins like Peanut and Pepe have also seen substantial decreases in value, with Peanut dropping from a peak of $2.4 billion to about $100 million. The volatility of these assets highlights the ephemeral nature of meme coins in the cryptocurrency market.