At the time when other altcoins are experiencing more ups and downs, with some even crashing from their recent highs, Fartcoin sustained its growth trajectory and eventually zoomed past the $1 billion market cap threshold to force its way into the top 10 list of the largest meme coins.
Launched on Solana around October 2024, Fartcoin quickly captured the imaginations of a large community of degen investors who are amused by its “all gas no brakes” memes and fart jokes.
A zoomed-out look at the monthly charts shows that the newly-launched Solana meme coin recorded triple-digit gains to exchange hands around $0.94, outperforming almost all the top meme coins, including Dogecoin, Shiba Inu, Pepe, Dogwifhat, and even Bonk.
While its market cap has dropped below the $1 billion mark and currently above $900 million, Fartcoin still retains its position among the top ten meme coins by market cap.
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, Fartcoin’s market valuation, according to an investment research platform Hedgeye, is currently greater than 38% of all American publicly-traded companies, underscoring the level of growth that has greeted the meme coin within two months.
Can Fartcoin continue this strong performance in 2025?
What Is Fartcoin?
As lightweight as the name Fartcoin might sound, so are its roots. The idea was derived from the Truth Terminal AI agent model based on a dialogue that mentioned how Elon Musk likes the sound of farting. This led the AI model to propose the issuance of a token named Fartcoin.
Fartcoin’s somewhat naively conceived origin enticed the social media community, particularly meme enthusiasts. Since it has no use cases, Fartcoin’s major appeal lies in the strength of its active community and its “gas fees” feature – which humorously produces digital fart sound during transactions.
Fartcoin-inspired gastrointestinal memes have flooded several social media platforms, especially Twitter, helping the token to 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 the subject of online discourse, Fartcoin quickly touched mainstream, capturing the attention of top 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.
Above all, Fartcoin’s rapid success reflects the powers of memes and community support in fostering interest and adoption. Its viral fart-themed memetic appeal has helped the project amass a large following of holders. At 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 overshadowed other meme tokens on the internet, $FARTCOIN recently peaked at a market valuation of $1.3 billion, becoming one of the fastest to achieve the significant milestone. This incredible performance made top traders like DGMD to describe Fartcoin as a monster meme coin.
Fartcoin Price Prediction – Short-Term
On December 20, Fartcoin had the most trading volume, followed by a heavy surge, which pushed the token to its current ATH of $1.30, higher than Dogecoin’s peak price. However, early profiteering saw the meme coin dwindle, currently trading at $0.9657.
Despite the recent price correction, FARTCOIN is showing resilience. It has gained a spot among the top 10 meme coins by market cap. Fartcoin is now up 49% in the past 24 hours, 21% in the past week and 195% in a month. Fartcoin’s pump, to a large extent, was also fueled by its listing on Binance for perpetual trading.
The growing interest in the token has seen the trading volume spike by more than 80% to $241.1 million, while the market cap is up 49% to $943.53 million.
Diving into the technical outlook, the bulls have entirely taken control, as the meme coin trades above all the key bullish indicators. FARTCOIN holds above most bullish indicators in the short term, with the 50-day SMA (green) and the 200-day SMA (blue) in line to offer support. However, to be safe, bulls must uphold higher support at $1.16 to encourage already sidelined investors to join the uptrend without worrying about sudden corrections.
With this in mind, any significant increase in the buying pressure could result in a strong comeback for the meme coin, allowing it to retest its ATH, probably hitting $1.50.
Meanwhile, the Relative Strength Index (RSI) is well above the mean level of 50, suggesting that the token is not yet overbought. The Moving Average Convergence Divergence (MACD) is also northbound, pulling away from the signal line, which means it is delaying the sell signal.
If sellers persist and eventually gain control, Fartcoin could breach the $0.87 support, coinciding with the 50-day SMA. Nevertheless, the bullish sentiment for the Fartcoin price would only be invalidated below the $0.6599 support. Such a move would also indicate a change in market structure.
Fartcoin Price Analysis – Long-Term
Despite its rapid growth, it is worth noting that Fartcoin’s popularity cannot guarantee stability in the long run. Fartcoin’s price would evolve rapidly based on its market sentiment.
Further, the regulatory landscape and institutional backing will also be some of the determinants in maintaining its relevance. At the moment, it is important to monitor market developments, community updates, and emerging use cases for FARTCOIN; that’s if there will be any.
Fartcoin is one of the highest-risk investments but also has the potential for huge gains. Anyone willing to invest must consider that gains can be exceptionally high, but at the same time, the risk is intense.
Top Fartcoin Alternative – Meme Index
As new meme coins like Fartcoin continue to surge to new heights, investors looking to fully maximize the explosive potential of these tokens in one single spot are now turning to Meme Index.
Developed on Ethereum, Meme Index prides itself as the world’s first decentralized meme coin index, creating a fresh and completely unique approach to trading a basket of meme coins.
Like the stock market where a collection of multiple securities are offered at once through a basket, Meme Index is also providing a unified platform for trading meme coins.
While there’s no doubt that institutions like VanECK offer similar services, they are largely centralized.
With innovation, decentralization, and community governance at its core, Meme Index is offering four distinct meme coin baskets – Meme Titan, Meme Moonshot, Meme Midcap, and Meme Frenzy – each catering to different investment goals and risk tolerance levels.
Meme Titan, being the first on the list, will feature the top ten meme coins by market cap. To complement the latest market trends, tokens covered in this basket will constantly evolve, with members of the community – MEMEX holders – having a say on the ones to add or remove. This simply means if Fartcoin retains its position among the top ten meme coins by market cap, it could also make the Meme Titan list.
The next index, dubbed Meme Moonshot, will contain meme coins that have higher chances of making it to the top 10 rankings. While these tokens may not have up to $1 billion market valuation yet, they have been listed on top-tier exchanges or about to be listed.
How about Meme Midcap? It covers meme tokens with higher volatility, catering to those who enjoy a bit of risk. Tokens that will be featured in this basket are those within the $50 to $250 million market cap threshold. While they may be risky, these tokens offer bigger returns, especially if they succeed in gaining mainstream adoption.
The last on the list is called Meme Frenzy, appealing to investors who don’t mind the riskiest of plays. Meme coins covered in this basket are susceptible to dramatic price swings but they could deliver explosive returns for 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 tokens within a single ecosystem.
At the heart of Meme Index is $MEMEX, an ERC-20 token that gives exclusive access to the aforementioned baskets. This simply means only those who hold $MEMEX can participate in the four different meme coin baskets.
Another unique selling point of Meme Index is its staking mechanism, offering four-digit APY rewards at press time. As earlier mentioned, presale participants will also enjoy governance rights, voting on which meme coins should be added or removed.
As interest in meme coins continues to grow in 2025, famous experts like ClayBro say Meme Index’s decentralized baskets will experience broader adoption, potentially driving up the price of $MEMEX in the long-term.
Those interested in joining the presale can visit the website of the project now. They can also connect with the Meme Index community and keep up with project developments on X and Telegram.
Visit Meme Index