What is FARTCOIN? Unveiling the Absurd Star of the Crypto Assets World

FARTCOIN is a meme coin based on the Solana blockchain, officially born on October 18, 2024. Its origin is dramatic—stemming from an artificial intelligence experimental project called "Truth Terminal." In a conversation of the AI model, due to the mention of Musk "liking the sound of farts," the AI whimsically suggested creating a token named FARTCOIN and designed a promotion plan. Its name translates literally to "fart coin," carrying an absurd sense of humor from internet culture right from the start.

Unlike traditional cryptocurrencies that focus on technological innovation, FARTCOIN completely abandons practicality in favor of entertainment and community culture. It adopts the SPL token standard, with a total supply of 1 billion tokens, all of which are in circulation in the market. Despite the lack of actual functionality, thanks to its unique narrative and community operation, it surpassed a market capitalization of 1 billion dollars within just three months of its launch, once ranking among the top 100 cryptocurrencies by market cap and becoming the highest market cap AI meme coin in the Solana ecosystem.

Market Performance: A Roller Coaster Price Journey

Since its inception, the price of FARTCOIN has experienced dramatic fluctuations, epitomizing the emotional nature of the cryptocurrency market:

• Historical low: fell to $0.02003 on October 30, 2024, nearly zero;
• First round explosion: In December 2024, the market value will exceed 1 billion USD, becoming the leader in the AI Meme coin category;
• Peak moment: January 19, 2025, reached an all-time high of $2.61 (some platforms recorded $2.52), with a market cap approaching $1.6 billion;
• Recent fluctuations: A sharp drop of 43% from the peak of $1.64 in May 2025, stabilizing at the key support level of $1.00 in early June, with a trading price of about $1.04.

Core Drivers of Price Volatility

1. Social Media Popularity:

• Viral campaigns such as "Hot Air Rises" have significantly increased attention, with mentions on social media soaring by 500% in a single month, directly driving a 100% short-term price increase.
• Significant celebrity effect: a16z co-founder Marc Andreessen retweeted, the hedge fund Sigil Fund's on-chain holdings were exposed, and market maker Wintermute publicly listed it as a core asset, all of which triggered a price surge.

2. Institutional Participation Trace:

• On-chain data shows that the fund Sigil Fund bought in within 5 hours of the token launch, with early investments accounting for 10% of the market value at that time, and after gradually cashing out 3 million USD, still holds a position of 6.09 million USD.
• Wintermute's position accounts for 1.56% of the total supply, ranking fourth, and its trading strategy directly affects market liquidity.

3. Overall Cryptocurrency Market Trends:

• When Bitcoin and Ethereum rise, FARTCOIN often attracts overflow funds; however, during market panic periods (such as the tariff policy impact in April 2025), its decline far exceeds that of mainstream coins.

4. Derivatives Market Promotion:

• The open interest in futures for 2025 surged by 504%, intensifying the volatility of long and short positions. Negative funding rates often trigger short squeezes, such as on April 9 when prices rose against the trend by 50%, leading to a liquidation of $9.16 million in short positions.

FARTCOIN Future Price Prediction: Divergence and Opportunities

Technical Analysis Perspective

• Bullish signal:
  • In April 2025, a "head and shoulders" pattern is formed, and after breaking the neckline, the theoretical target price is $1.96 (potential increase of 100% compared to the current price).
  • The return rate for the second quarter reached 132.5%. If it holds the support level of $1.00 and the 100-day EMA (around $0.95), it is expected to achieve its first positive quarterly earnings.
• Bearish risk:
  • The MACD death cross and the RSI downtrend indicate weak short-term momentum. If it falls below $1.00, it may test $0.77 (200-day EMA) or even the $0.40 demand zone.
  • The derivatives market saw a surge in long position liquidations (5.95 million USD within 24 hours), reflecting a cooling market sentiment.

Long-term Forecasting Model

Some platforms generate optimistic paths based on user sentiment:

• 2025: Predicted average price $1.207
• Year 2030: Expected increase of 27.63%, target $1.5404
• Year 2050: Estimated value $4.0873 (up 238.64% from current)

Investment Warning: High Risk and Absurd Reality

The rise of FARTCOIN exposes the irrational characteristics of the cryptocurrency market, even giving birth to more absurd financial derivatives:

• The "Perpetual Motion Machine" farce of FartStrategy: imitating MicroStrategy to establish a DAO organization, claiming to "continuously buy FARTCOIN to create value for holders." Bloomberg columnist Matt Levine satirizes it as the "zenith of financial nihilism"—when the market cap exceeds the holdings, it sells its own token $FSTR to buy back FARTCOIN, creating a self-repeating farce.
• Irreversible risk label:

1. Extreme volatility: Fluctuations can reach -90% to +735% within 30 days, with a very high risk of principal erosion;
2. Zero practical value: relies on community sentiment, without technical or application scenario support;
3. Manipulation suspicion: Large holders have concentrated positions (average cost of the top 1,000 addresses $0.48), with obvious signs of pump and dump.

Conclusion: A Financial Experiment Triggered by "Fart"

The existence of FARTCOIN is itself a satire of traditional financial logic. It was born from an AI joke, rose to prominence through social media mania, and was "legitimized" by institutional involvement, making it absurd. Although technical analysis suggests a potential short-term spike to $1.96, its lack of substantial foundation keeps it teetering on the edge of zero.

For investors, participating in FARTCOIN is more like a performance art - you can ride the "hot air", but you must be fully aware that the balloon will eventually land. If you insist on entering, strictly adhering to stop-loss, avoiding leverage, and maintaining a sense of humor may be the only way to preserve your sanity.

Author: Blog Team *This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit all or part of its services from restricted areas. Please read the user agreement for more information, link: