Fartcoin rises against the trend by 14.84% absurd encryption coin sparks heated discussions on Wall Street

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From Absurdity to Phenomenon: The Rise of a Peculiar Encryption Coin

In the volatile cryptocurrency market of the first quarter of 2025, a token with a ridiculous name and lacking practical applications has risen against the trend, becoming one of the few mainstream coins that performed well. This token has not only caused a stir in the crypto circle but has even broken through to Wall Street, sparking heated discussions and unsettling many traditional investors.

The widely discussed token is Fartcoin.

A whimsical idea born from artificial intelligence

The birth of Fartcoin originated from a conversation between AIs. In an AI agent model called "terminal of truths", a casual chat about a tech entrepreneur's fondness for fart sounds triggered a chain reaction. The AI proposed to create a cryptocurrency named Fartcoin, and just like that, this seemingly absurd idea became a reality on October 18, 2024.

Attracting the attention of industry experts

Fartcoin attracted widespread attention in the cryptocurrency circle as soon as it was launched. A co-founder of a well-known venture capital firm retweeted a mocking tweet about Fartcoin on social media, which was seen as a form of recognition for the project and became an important signal for its breakthrough.

Meanwhile, on-chain data shows that some seasoned hedge funds and large market makers seem to have shown a strong interest in Fartcoin. Multiple accounts highly related to a well-known market maker were very active during the early stages of Fartcoin's launch, with a series of operations flowing smoothly from building positions to market making and then to arbitrage.

The rise against the trend attracts attention

In the first quarter of 2025, while most mainstream encryption assets experienced a significant pullback, Fartcoin rose against the trend. According to data from a top trader, amidst a backdrop of many assets suffering losses, Fartcoin became the only green on the entire chart, with a growth rate of 14.84% in the first quarter.

Entering May, as the market improves, Fartcoin's increase still leads mainstream assets, rising over 50%, far exceeding Bitcoin's 23% during the same period.

Triggering Heated Discussions on Wall Street

The influence of Fartcoin has not stopped at the cryptocurrency circle. Its existence and performance have attracted the attention and comments of several well-known figures on Wall Street.

A founder of a famous hedge fund analyzed the rise of Fartcoin in a letter to investors, describing it as "the product of pure speculative sentiment" and comparing it to certain phenomena during the internet bubble.

Another researcher from an asset management company pointed out in a report titled "The Fartcoin Phase of the Market" that the core of Fartcoin's success lies not in technology, but in its ability to spread. It can spark discussions, create emotions, and force everyone who takes the market seriously to respond to it.

Even the co-founder of a capital management company renowned for its calmness and rationality has expressed views on Fartcoin, calling it a manifestation of the absurdity of the market.

Imitate the Strategies of Large Public Companies

Interestingly, an organization mimicking the strategies of a large publicly listed company has also emerged in the Fartcoin ecosystem. This organization, named FartStrategy, is a DAO created specifically for purchasing Fartcoin, and its operational logic is simple and straightforward: by means of community voting, it packages "continuously buying Fartcoin" as a type of "financial strategy."

A well-known financial columnist described FartStrategy as "the pinnacle of financial nihilism" and compared it to a mirror derivative of a large publicly traded company.

Changes in Chip Structure

According to statistics from the on-chain data analysis platform, from January to May 2025, the chip structure of Fartcoin is gradually shifting from concentration among early large holders to dispersion among retail investors. Especially during this period, the number of small holders has begun to grow rapidly. At the same time, Fartcoin has also become one of the most actively traded coins in terms of trading volume and liquidity on a certain trading platform.

From the initial institutional dominance to the current dispersion of chips, the development trajectory of Fartcoin seems to confirm certain characteristics of the cryptocurrency market: a funny name, a lack of clear practical value, yet it can become popular through linguistic effects and social drives, even influencing the perception of the traditional financial sector.

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OnchainSnipervip
· 6h ago
This coin is just a fart after all this time.
View OriginalReply0
UncleWhalevip
· 07-10 09:49
Laughing to death, another sucker play people for suckers.
View OriginalReply0
GamefiHarvestervip
· 07-10 07:53
Retail investors are catching a falling knife again.
View OriginalReply0
DefiPlaybookvip
· 07-08 11:30
According to on-chain data observation, a typical retail investor FOMO-driven rise market.
View OriginalReply0
ChainWanderingPoetvip
· 07-08 11:23
Funny coin is the real bull!
View OriginalReply0
TrustMeBrovip
· 07-08 11:22
The bull run has arrived, and retail investors' spring has come.
View OriginalReply0
GasGasGasBrovip
· 07-08 11:09
Is this thing really pumping? Ridiculous.
View OriginalReply0
ChainWallflowervip
· 07-08 11:03
The market is crazy again.
View OriginalReply0
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