Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH.
According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.78 and is up nearly 22% in 24 hour trading.
Fartcoin is a cryptocurrency that combines internet culture with cryptocurrency, focusing on humor rather than traditional financial utility. It allows users to engage in activities like submitting fart-themed memes or jokes to earn tokens.
A unique feature includes a “Gas Fee” system where each transaction triggers a digital fart sound, enhancing the meme-based experience. The coin also uses an AI framework called “Terminal of Truth” to generate creative content and engage its community.
In contrast, the meme coin Goatseus Maximus (GOAT) is down 12.8% in 24 hour trading, with its market cap sinking below the $700 million threshold for the first time since November 2024.
Both Fartcoin and Goat derive from internet meme culture, tapping into the humor and virality that memes can bring to the crypto space. Fartcoin, as the name suggests, likely plays on the juvenile humor of bodily functions, while GOAT is inspired by the infamous Goatse meme, albeit in a more abstract, AI-driven context.
The promotion or creation of both tokens has been influenced by AI. GOAT was significantly promoted by an AI chatbot named Truth Terminal, which has become a quirky influencer in its own right.
Similarly, posts on X suggest that AI bots or algorithms might be playing a role in the trading patterns of Fartcoin, although specifics on this are less clear.
Other top meme coins by market cap include Doge (DOGE), Shiba Inu (SHIB) and Pepe (PEPE), with many of them riding the wave of Bitcoin’s surge, which hit a new ATH on Dec. 16 of $106,382.
