A cryptocurrency with an absurd name attracts Wall Street's attention
On October 18, 2024, a cryptocurrency named Fartcoin was born. The name originated from a conversation between artificial intelligences, where an AI suggested creating a token named after flatulence. Surprisingly, this seemingly useless token became one of the few mainstream coins that rose against the trend in the first quarter of 2025, even garnering widespread attention from Wall Street.
A co-founder of a well-known venture capital firm retweeted a post about Fartcoin, which is seen as a form of endorsement for the project. Meanwhile, on-chain data shows that some veteran hedge funds and large market makers also seem to be interested in Fartcoin. A major market maker not only included Fartcoin in its core asset allocation, but its founder also publicly admitted to holding the token.
In the first quarter of 2025, while most mainstream encryption assets faced significant pullbacks, Fartcoin rose by 14.84% against the trend. After entering May, as the overall market improved, Fartcoin's increase exceeded 50%, far surpassing Bitcoin's 23% increase during the same period.
The popularity of Fartcoin quickly broke through the cryptocurrency circle, attracting the attention of Wall Street. The founder of a well-known hedge fund specifically mentioned Fartcoin in a letter to investors, comparing it to other financial bubbles in history. He believes that Fartcoin has no intrinsic value and is purely a product of speculative sentiment.
Another researcher from an asset management company pointed out in the report that the success of Fartcoin lies in its ability to stimulate discussion, create emotions, and force everyone serious about the market to respond to it. He referred to this phenomenon as "fart-style encryption economics" and believes it embodies three new logics of the market: nihilism, attention economy, and irrational behavior.
Interestingly, a project called FartStrategy has emerged, operating logic similar to certain companies that hold Bitcoin. FartStrategy is a DAO specifically created for the purchase of Fartcoin, with the mission of creating value for token holders through continuous purchases of Fartcoin. This approach has been described by a columnist from a financial media outlet as "the pinnacle artwork of financial nihilism."
From January to May 2025, the holder structure of Fartcoin gradually shifted from a concentration of early large holders to a dispersion among retail investors. At the same time, it also became one of the most actively traded coins in terms of trading volume and liquidity on certain trading platforms.
The rise of Fartcoin seems to align with all the stereotypes people have about meme coins: a funny name, lack of practical value, and complete reliance on linguistic effects and social drives. However, its performance has left many traditional investors feeling confused and uneasy, and has sparked deep reflection on the current state of the financial markets.
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Fartcoin Ignites the Market: Wall Street Investors Hotly Discuss Farting-style Cryptoeconomics
A cryptocurrency with an absurd name attracts Wall Street's attention
On October 18, 2024, a cryptocurrency named Fartcoin was born. The name originated from a conversation between artificial intelligences, where an AI suggested creating a token named after flatulence. Surprisingly, this seemingly useless token became one of the few mainstream coins that rose against the trend in the first quarter of 2025, even garnering widespread attention from Wall Street.
A co-founder of a well-known venture capital firm retweeted a post about Fartcoin, which is seen as a form of endorsement for the project. Meanwhile, on-chain data shows that some veteran hedge funds and large market makers also seem to be interested in Fartcoin. A major market maker not only included Fartcoin in its core asset allocation, but its founder also publicly admitted to holding the token.
In the first quarter of 2025, while most mainstream encryption assets faced significant pullbacks, Fartcoin rose by 14.84% against the trend. After entering May, as the overall market improved, Fartcoin's increase exceeded 50%, far surpassing Bitcoin's 23% increase during the same period.
The popularity of Fartcoin quickly broke through the cryptocurrency circle, attracting the attention of Wall Street. The founder of a well-known hedge fund specifically mentioned Fartcoin in a letter to investors, comparing it to other financial bubbles in history. He believes that Fartcoin has no intrinsic value and is purely a product of speculative sentiment.
Another researcher from an asset management company pointed out in the report that the success of Fartcoin lies in its ability to stimulate discussion, create emotions, and force everyone serious about the market to respond to it. He referred to this phenomenon as "fart-style encryption economics" and believes it embodies three new logics of the market: nihilism, attention economy, and irrational behavior.
Interestingly, a project called FartStrategy has emerged, operating logic similar to certain companies that hold Bitcoin. FartStrategy is a DAO specifically created for the purchase of Fartcoin, with the mission of creating value for token holders through continuous purchases of Fartcoin. This approach has been described by a columnist from a financial media outlet as "the pinnacle artwork of financial nihilism."
From January to May 2025, the holder structure of Fartcoin gradually shifted from a concentration of early large holders to a dispersion among retail investors. At the same time, it also became one of the most actively traded coins in terms of trading volume and liquidity on certain trading platforms.
The rise of Fartcoin seems to align with all the stereotypes people have about meme coins: a funny name, lack of practical value, and complete reliance on linguistic effects and social drives. However, its performance has left many traditional investors feeling confused and uneasy, and has sparked deep reflection on the current state of the financial markets.