At a time when other altcoins are experiencing more ups and downs, with some even collapsing from their recent highs, Fartcoin has maintained its growth trajectory and ultimately surpassed the $1 billion market cap threshold. dollars to make its way into the top 10 greatest memes. pieces.
Launched on Solana around October 2024, Fartcoin quickly captured the imagination of a vast community of degenerate investors amused by its memes and “all gas no brakes” fart jokes.
Zooming out on the monthly charts shows that the new Solana coin posted triple-digit gains to trade hands around $0.94, outperforming almost all top coins, including Dogecoin, Shiba Inu, Pepe , Dogwifhat and even Bonk. .
Although its market capitalization has fallen below the $1 billion mark and currently above $900 million, Fartcoin still maintains its position among the top ten coins in terms of market capitalization.
BREAKING: Fartcoin's market cap is now greater than 38% of all American publicly-traded companies. pic.twitter.com/obLQK8LNTe
— Hedgeye (@Hedgeye) December 12, 2024
In fact, according to investment research platform Hedgeye, Fartcoin’s market valuation is currently higher than 38% of all publicly traded US companies, highlighting the level of growth that the meme coin has received in two months.
Can Fartcoin continue this strong performance in 2025?
What is Fartcoin?
As flimsy as the name Fartcoin may seem, so are its roots. The idea is derived from the Truth Terminal AI agent model, based on a dialogue mentioning how much Elon Musk likes the sound of farts. This led the AI ​​model to propose the issuance of a token called Fartcoin.
Fartcoin’s somewhat naive origin appealed to the social media community, especially meme lovers. Since it has no use case, Fartcoin’s major appeal lies in the strength of its active community and its “gas fees” feature – which humorously produces a digital fart sound during transactions.
Fartcoin-inspired gastrointestinal memes have flooded several social media platforms, including Twitter, helping the token go viral.
You’ll see tradfi accounts tweet about Bitcoin from time to time, rarely ever any alts
But now we see tradfi accounts blasting out 3 tweets in a row about fartcoin
No other coin has had this effect pic.twitter.com/vDDTsqkJOZ
— HornHairs 🌊 (@CryptoHornHairs) December 19, 2024
As a topic of online discourse, Fartcoin quickly hit the mainstream, attracting the attention of major players in the TradFi market. According to CryptoHornHairs, a popular trader and analyst, only Bitcoin has received more attention from the TradFi market than Fartcoin.
Importantly, Fartcoin’s rapid success reflects the power of memes and community support to drive interest and adoption. Its viral fart-themed memetic appeal helped the project amass a large audience of holders. As of press time, more than 50,000 addresses hold $FARTCOIN.
Fartcoin has successfully captured the target thesis and market of both HPSO10I (TradFi market balking over a ridiculous valuation) and SPX6900 (TradFi constantly quoting valuation as it passes the valuation of US companies). I don’t think most realize what a monster meme this is
— DGMD (@DGMD22) December 23, 2024
Having eclipsed other meme tokens on the internet, $FARTCOIN recently peaked at a market valuation of $1.3 billion, becoming one of the fastest to reach this milestone. This incredible performance has prompted top traders like DGMD to describe Fartcoin as a monster coin.
Fartcoin Price Prediction – Short Term
On December 20, Fartcoin saw the highest trading volume, followed by a strong rally, which pushed the token to its current ATH of $1.30, above Dogecoin’s all-time high price. However, early profits saw the meme coin decline, currently trading at $0.9657.
Despite the recent price correction, FARTCOIN demonstrates resilience. It gained a place among the top 10 coins by market capitalization. Fartcoin is now up 49% in the last 24 hours, 21% in the last week, and 195% in a month. Fartcoin’s pump, to a large extent, has also been fueled by its listing on Binance for perpetual trading.
Growing interest in the token saw trading volume increase by over 80% to $241.1 million, while the market capitalization increased by 49% to $943.53 million.
Diving into the technical outlook, the bulls have fully taken control as the meme trades above all key bullish indicators. FARTCOIN is holding above most short-term bullish indicators, with the 50-day SMA (green) and 200-day SMA (blue) in line to offer support. However, to be on the safe side, bulls need to hold higher support at $1.16 to encourage already marginalized investors to join the uptrend without worrying about sudden corrections.
With this in mind, any significant increase in buying pressure could result in a strong comeback for the meme coin, allowing it to retest its ATH, likely reaching $1.50.
Meanwhile, the relative strength index (RSI) is well above the average level of 50, suggesting that the token is not yet overbought. The Moving Average Convergence Divergence (MACD) is also heading north, moving away from the signal line, meaning it is delaying the sell signal.
If sellers persist and eventually take control, Fartcoin could break above the $0.87 support, coinciding with the 50-day SMA. Nonetheless, the bullish sentiment for Fartcoin price would only be invalidated below the $0.6599 support. Such a development would also indicate a change in the structure of the market.
Fartcoin Price Analysis – Long Term
Despite its rapid growth, it should be noted that Fartcoin’s popularity cannot guarantee long-term stability. The price of Fartcoin would move quickly based on market sentiment.
Furthermore, the regulatory landscape and institutional support will also be some of the determinants in maintaining its relevance. At present, it is important to monitor market developments, community updates and emerging use cases of FARTCOIN; that’s if there is any.
Fartcoin is one of the riskiest investments, but it also has the potential for huge gains. Anyone willing to invest should consider that the gains can be exceptionally high, but at the same time the risk is intense.
Best Alternative to Fartcoin – Meme Index
As new coins like Fartcoin continue to reach new highs, investors looking to fully maximize the explosive potential of these tokens in one place are now turning to Meme Index.
Built on Ethereum, Meme Index prides itself on being the world’s first decentralized coin index, creating a new and completely unique approach to trading a basket of coins.
Like the stock market where a collection of multiple securities is offered at once via a basket, Meme Index also provides a unified platform for trading meme coins.
While there is no doubt that institutions like VanECK offer similar services, they are largely centralized.
With innovation, decentralization and community governance at its core, Meme Index offers four distinct coin baskets – Meme Titan, Meme Moonshot, Meme Midcap and Meme Frenzy – each meeting different investment objectives and tolerance levels at risk.
Meme Titan, being the first in the list, will present the top ten coins by market capitalization. To complement the latest market trends, the tokens covered in this basket will constantly evolve, with community members – MEMEX holders – having a say in which ones to add or remove. This simply means that if Fartcoin maintains its position among the top ten coins by market cap, it could also make the Meme Titan list.
The next index, dubbed Meme Moonshot, will contain meme coins that have a higher chance of making the top 10. While these tokens may not yet have a billion-dollar market valuation, they have been listed on leading exchanges or about to be.
And even Midcap? It covers meme tokens with higher volatility, catering to those who like a bit of risk. The tokens that will appear in this basket are those included in the market capitalization threshold of $50 million to $250 million. Although they can be risky, these tokens offer greater returns, especially if they achieve mainstream adoption.
The last one on the list is called Meme Frenzy, attracting investors who don’t mind the riskier games. The Meme coins covered in this basket are susceptible to dramatic price swings, but they could offer explosive returns to early investors.
With the four diverse baskets, investors will be able to gain exposure to the $100 billion meme coin market and bet on the potential of the tokens within a single ecosystem.
At the heart of Meme Index is $MEMEX, an ERC-20 token that provides exclusive access to the aforementioned baskets. This simply means that only those who hold $MEMEX can participate in the four different meme coin baskets.
Another unique selling point of Meme Index is its staking mechanic, offering four-digit APY rewards at the time of publishing. As mentioned earlier, presale participants will also have governance rights and vote on which meme coins should be added or removed.
As interest in meme coins continues to grow in 2025, famous experts like ClayBro claim that decentralized Meme Index baskets will see wider adoption, which could drive the price of $MEMEX higher in the long term.
Those interested in joining the presale can visit the project website now. They can also connect to the Meme Index community and follow project developments on X And Telegram.