Crypto traders look at absurdity during a period of prices volatility and a broader uncertainty of the market, catalyzing the recent increase around Fartcoin and other parts even based on Solana inspired by subjects such as flatulence and anatomical characteristics.
Fartcoin is up 30% in the past 24 hours to $ 0.96, marking a 97% gain in the last seven days and almost 250% in the last 30 days, depending on Coigecko.
During a period when major parts have taken safe and some of them have broken down – Ethereum is down 13% per week – why does Fartcoin resonate with traders? There may be comfort in nonsense, or at least in the coins that have already soared and which do it again.
If you bought Fartcoin 7 days ago, you have exchanged ETH holders who have held ETH in the past 4 years.
LMFAO.
– Topfud🔝 (@topboycrypto) April 11, 2025
“I think everyone knows what they get started,” said Mattheww Nay, a research analyst in the Messari protocol services team, said Decipher About tokens like Fartcoin. “Like how Bitcoin is the original part of memes. You did not know the founder … It was this decentralized thing in practice. With Fartcoin, there is no founder to hit you, there is no calendar or roadmap for which he must join. Instead, you are only speculating on feeling.”
The feeling surrounding the token has improved lately, because its mind has more than doubled at 28.72% since April 1, leading all the other tokens linked to AI according to data from the Cookie.Fun analysis platform. The platform uses X data (formerly Twitter) and the Solana blockchain to determine the safe of a token among the participants in cryptography.
For these participants, the appetite for risks and the “long -term bullish prejudices” on the crypto have not disappeared, according to Nay.
“Not many people have left for the past 2-3 months, and they all remember making a lot of money on the coins, especially Fartcoin with its incredible climb,” he added.
The token, which was dreamed of by an AI agent Last October reached a record note of $ 2.48 in January. He then crashed into a hollow of about $ 0.20 in March, but has rebounded in recent weeks.
The simplicity and absurdity of Fartcoin apparently sank into other highly efficient pieces of memes on Solana’s blockchain, where Buttcoin and Titcoin – which both have a logo that runs higher.
The parts are up 39% and 18% compared to the day, respectively, exceeding the entire category of memes coins, which was only 2%, according to Coingecko. For no, their success follows a popular cryptographic phenomenon of riffage on existing successes.
“This is only a continuation that we see throughout the crypto with forked projects,” he said. “As soon as someone sees something success, he tries to recreate a version very similar to Draft on the success of the first iteration: Uniswap at Sushi Swap, Ohm in Abracadabra, etc.”
Their fate in the near future is the assumption of anyone, however, in particular given the wild fluctuations of Fartcoin in recent months. Messari’s analyst said he was curious to see what happens to these memes should even more negative financial news.
“We simmer on the macro environment,” he said. “People are ready to light the gas a little more and to start focusing on the fundamentals of cryptography, he added, noting that without the major negative news, a new rise in power could happen.
Edited by Andrew Hayward
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