CDS Crypto News Fartcoin Price Skyrockets: Traders Pump Solana’s Weirdest Coin During Market Turmoil
Crypto News

Fartcoin Price Skyrockets: Traders Pump Solana’s Weirdest Coin During Market Turmoil

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Fartcoin Price Skyrockets Traders Pump Solana’s Weirdest Coin During Market Turmoil

From Flatulence to Fortune: Fartcoin Price Skyrockets While Major Coins Plunge

From Flatulence To Fortune: Fartcoin Price Skyrockets While Major Coins Plunge

During a period of tariff volatility and general market uncertainty, cryptocurrency traders are embracing absurdity. Hence, the recent explosion in the popularity of Fartcoin and other Solana-based meme coins. According to CoinMarketCap, Fartcoin has increased 30% in the last day to $0.9716, a 72.02% gain over the previous seven days and a nearly 198% increase over the previous 30 days. Fartcoin is popular among traders at a time when big coins have been severely damaged and others have fallen in value.

I think everyone knows what they’re getting into. Like how Bitcoin is the original meme coin. You didn’t know the founder… it was this decentralized thing in practice. With Fartcoin, there is no founder to rug you, there is no timeline or roadmap that it has to adhere to. Instead, you’re just speculating on sentiment.

Matthew Nay, research analyst on Messari

Fartcoin Frenzy: Crypto Sentiment Shifts Strongly in Favor of Meme Tokens

According to statistics from analytics platform Cookie.fun, the token’s mindshare has more than doubled to 28.72% since April 1, surpassing all other AI-related tokens, indicating that sentiment surrounding it has improved recently. The platform calculates a token’s mindshare across cryptocurrency users using information from X and the Solana blockchain. According to Nay, those participants’ long-term positive bias and risk appetite for cryptocurrencies haven’t diminished.

Not that many people left in the last 2-3 months, and they all remember making a lot of money on meme coins, specifically Fartcoin with its incredible run-up, 

Nay

Meme Coin Mania Returns: Fartcoin, Buttcoin & Titcoin Surge on Solana

Meme Coin Mania Returns: Fartcoin, Buttcoin &Amp; Titcoin Surge On Solana

Fartcoin‘s simplicity and ridiculousness appear to have influenced other successful meme coins on the Solana blockchain, as Buttcoin and Titcoin, which both have logos that flip the Bitcoin “B” sideways to resemble breasts and buttocks, are rising in value. According to Nay, their success is a result of the common cryptocurrency practice of building on previous achievements.

This is just a continuation we see across all of crypto with forked projects. As soon as someone sees something successful, they try to recreate a very similar version to draft on the first iteration’s success: Uniswap to Sushi Swap, Ohm to Abracadabra, etc.

Nay

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Fartcoin Price Skyrockets: Traders Pump Solana’s Weirdest Coin During Market Turmoil 354314
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lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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