Solana's FTR market cap surges 650x in 24 hours, reaching $5.86M

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FTR on Solana has emerged as an altcoin to watch after its market cap surged over 650x in 24 hours, reaching $5.86 million, according to on-chain data from GMGN. The project aligns with the flying car narrative, seeking to connect the SPCX and TSLA ecosystems through OTC desks. Tesla’s recent Roadster update, including a flight-capable rocket variant, has fueled speculation. Meme coin volatility remains elevated, and investors are advised to proceed with caution.

ChainCatcher report, according to GMGN data, the market cap of FTR on Solana briefly reached $5.86 million, surging over 640x in 24 hours, and is currently trading at $4.5 million. The project’s narrative centers on the era of flying cars, claiming to connect the SPCX and TSLA ecosystems via OTC desks. Tesla has disclosed the performance specifications of its Roadster sports car, stating that the rocket version can accommodate one passenger and features a multi-mode suction system combined with cold-gas thrusters mounted around the vehicle, enabling forward, upward, and lateral rotational movement—meaning this model is capable of flight. Meme coin prices are highly volatile; investors should proceed with caution.

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