
Fart-powered humor trumped crypto gloom as fartcoin (FARTCOIN) climbed 12% in 24 hours, clawing back losses from a Pump.fun-fueled slump earlier this week after Coinbase (COIN) added the token to its listing roadmap.
CoinGecko data shows that the move to $1.06 came on record-high $400 million trading volume, pushing the token into the top 100 by market cap.
Coinbase’s listing roadmap is a watchlist the exchange uses before activating spot trading. Although no go-live date has been set, tokens on the roadmap typically do so within weeks, and traders are betting that the same playbook will repeat.
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Fartcoin’s origins are as humorous as its ticker. An anonymous Solana wallet minted 1 billion FARTCOIN on Pump.fun on Oct. 18, 2024, spending just 2 sol SOL and dumping most of the stash within 30 seconds.
The coin became a symbol of the absurd in some crypto circles and a light-hearted rebellion against the grim macroeconomic forecasts. It holds no intrinsic value, but enjoys a cult following — one that has translated into buying demand on several instances of market declines. It hit a high of $2.68 on Jan. 19, CoinDesk data show.
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Fartcoin’s platform allows users to potentially submit theme-related memes or jokes to earn tokens. It features a unique transactional system where each trade produces a digital flatulence sound.
Its adherents invest in it not for the promise of utility or groundbreaking technology, but for the joy of the moment, the shared giggle over a coin whose name alone is enough to break the tension of the day.
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Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
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💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
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Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy
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💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!
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Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
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💡 Stay updated with the latest cryptocurrency news and insights by following our website! 🔔 Bookmark this site to get first-hand blockchain and digital currency news!