Built on the Solana blockchain, Fartcoin combines humor and cryptocurrency by tokenizing fart jokes and memes to build a playful, community-driven ecosystem.

Just when you think the innovative cryptocurrency world has run out of surprises, along comes a project that catches everyone off guard. One such unlikely superstar is Fartcoin. This 

 blockchain, has quickly gained attention for its quirky premise: tokenizing fart jokes and memes. But beneath the gastro-inspired humor lies a fast-growing community and a surprising market performance.

This article unpacks the Fartcoin phenomenon, and asks the question: Is it worth your investment — or is it simply hot air? 

Fartcoin is a meme coin built on the Solana blockchain that allows users to submit fart jokes and memes to earn tokens. It went viral for its humorous concept and community-driven engagement.

Fartcoin, like most meme coins, doesn’t claim to have intrinsic value or serious utility. Instead, it thrives on humor and community engagement. True to its irreverent premise — tokenizing farts — Fartcoin is all about creating a fun and lighthearted experience in the crypto space. it attempts to build an interactive, inclusive community centred on fart jokes and memes, in which creativity and laughter take the spotlight.

Fartcoin scintillates with features like the "Gas Fee," which playfully produces fart sounds during transactions, adding a hilarious twist to the crypto experience. It also encourages participation through meme submissions, rewarding users for their contributions and building a strong sense of community

Fartcoin was created as part of an experiment by Truth Terminal, an 

, to test the influence of artificial intelligence on cultural trends. This merry project takes a playful approach to cryptocurrency, relying on jests and memes to drive its value. The more people talk about and interact with Fartcoin, the more its value grows — thanks to its reflexive memetic strategy.

Fartcoin’s community plays a key role in its success. Users can earn tokens by submitting fart-themed jokes or memes, with the most popular contributions earning extra tokens and a chance to be featured in various media projects related to the coin.

To keep things fun and engaging, Fartcoin’s tweets and social media presence are powered by Truth Terminal, with posts that embrace meme culture and fun. These posts, crafted by AI and manually shared by the team behind the token, help keep the community entertained and actively involved.

Thanks to Solana's fast processing speeds and low transaction fees, Fartcoin transactions are both efficient and accessible to users, making it easy for everyone to join in on the fun.

FARTCOIN is the native token of the Fartcoin project. It’s primarily used for community engagement, speculative investment and as a means to participate in the Fartcoin ecosystem.

FARTCOIN has a fixed supply of 1 billion tokens, almost all of which are circulating. At launch, 20.1 million tokens were allocated to Truth Terminal, the AI behind the project. This allocation ensures that Truth Terminal plays a central role in the promotion and development of Fartcoin. The remaining tokens were distributed to early participants through community meme submissions and liquidity pool incentives on 

. This approach has helped to build a strong and engaged community from the start.

Fartcoin has taken the crypto world by surprise with its quirky humor and explosive growth. Launched in October 2024 as part of an AI experiment by Truth Terminal, Fartcoin quickly captured attention with its playful concept and savvy marketing.

In just two months, Fartcoin’s market cap soared past $1 billion, its price skyrocketing by an astonishing 500% in just 11 days and placing it firmly as one of the top-performing meme coins of the year. On Dec 20, 2024, it reached an all-time high of $1.27 — all while the broader crypto market struggled during a downturn. It then reached a new ATH of $1.45 on Jan 2, 2025.

Fartcoin’s rapid rise can be attributed to early backing from institutional players like the 

, which helped establish credibility and liquidity, drawing in more investors. A major boost came when Fartcoin was listed on Binance Futures, sparking fresh interest and driving prices even higher. Its whimsical narrative also struck a chord with investors looking for something different. In a market dominated by uncertainty, Fartcoin’s comedic appeal offers a refreshing and profitable diversion.

Looking to trade Fartcoin tokens? Bybit now offers the FARTCOINUSDT Perpetual contract for trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Fartcoin's meteoric rise and quirky appeal make it an intriguing choice for speculation. However, potential investors should exercise caution. Meme coins like Fartcoin are highly volatile and often lack intrinsic value, making them risky investments. While its community-driven model and unique features offer entertainment and engagement, Fartcoin’s value depends heavily upon its popularity and ongoing participation.

As with any cryptocurrency, users need to 

 and understand the risks involved before investing. Diversifying your portfolio and investing no more than you can afford to lose are essential steps toward safely navigating the volatile world of cryptocurrencies.

Fartcoin is a perfect example of how humor and community engagement can create a buzz in the cryptocurrency world. From its quirky concept to its impressive market performance, it’s captured the attention of investors and enthusiasts alike. However, its success hinges on its viral appeal, making it a high-risk, high-reward investment. Whether you're in it for the gassy laughs or the potential gains, always approach meme coins such as Fartcoin with caution and research them thoroughly. After all, even in crypto, not every joke pays off!

Intermediate

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Fartcoin (FARTCOIN): Breaking Wind & Records in the Crypto World

Jan 6, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly Highlight — Markets Snap Five-Day Loss Streak 

Investors are now seizing the opportunity to buy the dip in U.S. stocks after a five-day decline that erased over $1 trillion in market value. Wall Street has broken its longest losing streak since April, with the Nasdaq-100 rebounding 1.7% and the S&P 500 rising 1.3% on Friday, January 3. These gains slightly offset the week's sell-off, which had continued into the new year following a tough December.

Despite concerns about slowing earnings growth among tech giants like the Magnificent Seven, traders remain optimistic, especially regarding AI leader NVIDIA Corporation. The market believes that, as long as retail investors keep investing in AI, the associated stock market boom is expected to persist. 

Stocks reached their session highs in the afternoon after Mike Johnson was reelected as speaker of the U.S. House of Representatives, indicating potential support for a business-friendly agenda. Meanwhile, bond yields rose, with the 10-year hitting 4.6% following comments from Richmond Fed President Tom Barkin about maintaining restrictive rates. U.S. manufacturing showed modest growth, with new orders at their highest since early last year, while investors assessed economic strength against the possibility of slower interest-rate cuts.

Weekly Crypto Highlight — AI Agent Spring Coming

Many investors are eagerly anticipating an Alt Season, a period when altcoins typically surge in value. However, current market dynamics suggest we may not see a widespread altcoin rally. The sheer number of tokens, combined with limited liquidity, has led to what's known as altcoin dispersion, making it crucial to select the right sectors and tokens.

, which are thriving even as the broader market declines. This nascent sector is experiencing rapid advancements, and its associated tokens face less pressure from venture capital unlocks. Many of its top protocols lack centralized exchange listings, indicating more buyers may enter the market.

Those investors who missed previous opportunities, such as the DeFi summer of 2020 and the Alt Layer 1 trade, now have another chance. Instead of targeting individual AI agents, the best risk/reward strategy lies in investing in infrastructure plays, which serve as the foundational tools for the sector.

The leading AI agent player is Virtuals Protocol, a platform for launching tokenized AI agents on the Base network. By purchasing tokens like Luna by Virtuals (LUNA) and VaderAI (VADER), users gain governance rights over specific agents, which allows them to both influence development and share in profits. 

Recently, daily protocol fee revenues dropped significantly in mid-December 2024 as activity slowed for the holidays. However, speculation around agent-associated tokens surged as the new year approached. Currently, Virtuals Protocol generates over $1 million in daily fees, though this is 50% less than figures for early December. Despite these challenges, the VIRTUAL token has more than doubled in value, reaching a market capitalization of $4.6 billion.

Other highlighted opportunities include Zerebro, which is pivoting to a full-stack framework for AI agents; ARC, with its Rust-based framework; and 

 (GRIFFAIN), a natural language on-chain search tool. These projects are well-positioned for future growth in the evolving landscape of AI technology.

 as we delve into leading AI agent tokens and the past week’s market movements. 

Advanced

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Weekly Institutional Insights: Market Snaps Five-Day Loss Streak; AI Agent Spring Coming

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

December's end-of-year options expiration brought an unexpected drop as realized volatility fell to the lowest levels of the month. Perpetual swap open interest remained stable, indicating these markets weren't heavily used for hedging against expired options, likely contributing to the muted volatility. 

While most expired open interest in Bitcoin (BTC) and Ethereum (ETH) hasn't been reinvested, the balance of calls and puts remains consistent. Notably, ETH options are pricing in higher implied volatility as compared to BTC, particularly for shorter expirations, leading to a flat term structure for ETH, while BTC is offering cheaper options exposure.

In the perpetual markets, low volatility and minimal spot movements have led funding rates for nearly all tokens to mirror broader market sentiment throughout the holiday season. On the options side, BTC's term structure is noticeably lower and steeper than ETH's, with realized volatility now dipping below implied volatility levels, highlighting an intriguing shift in market dynamics.

Please check out the report’s highlights.

Open Interest Solid Amid Year-End Options Expiration

Although open interest for both BTC and ETH perpetual swaps hasn’t returned to early December 2024 highs, it remained robust throughout the significant end-of-year options expiration event. This suggests that these markets weren’t heavily utilized to 

 of the expiring options contracts, likely contributing to the lack of volatility observed during this period. Instead, trading volumes have dipped noticeably during the winter holiday season, coinciding with a collapse in realized volatility back to December 2024’s lowest levels.

BTC Option Curve Remains Steep During Call-Put Parity

The expiration of December's end-of-year options didn’t trigger the anticipated surge in volatility; instead, realized volatility has plummeted to the lower end of its recent range. The implied volatility term structure remains steep compared to both its recent behavior and ETH's, with longer-dated implied volatility around 57%, and 1-week at-the-money options trading about five points lower. Much of the expired open interest hasn’t yet been rolled into new positions, maintaining a neutral balance between puts and calls. Consequently, BTC's options market positioning is relatively neutral, lacking the leverage it had at the start of December 2024.

Huge ETH Option Expiring Doesn’t Cause Volatility

A late December spike in realized volatility didn’t carry into the new year, with ETH’s spot price currently exhibiting volatility below that of short-tenor implied volatility. Interestingly, the implied volatility term structure has undergone a steepening and re-flattening over the past week, contrasting with BTC’s slightly steeper profile. This suggests that ETH’s options market is anticipating higher short-term volatility in spot price movements. 

Despite the significant expiration of options open interest at the end of December 2024, which didn’t lead to a rollover into later expirations, call options continue to dominate the market and have increased at the start of 2025.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Jan 2, 2025): BTC Options Continue to See Call-Put Parity, With Lower Short-Term Volatility Expected

Dive into FLock, a decentralized platform that revolutionizes the way AI models are developed, trained and deployed.

Artificial intelligence (AI) is poised to transform countless industries, but its development often raises questions about privacy, control and inclusivity. 

 is a unique decentralized platform that democratizes AI training, fine-tuning and inferencing. With its blockchain-powered infrastructure, FLock ensures transparency, security and community-driven decision-making, paving the way for AI models that align with established societal values. 

In this article, we’ll explore how FLock decentralizes AI training, its key features and its potential impact on developers, communities and users.

 platform that revolutionizes the way AI models are developed, trained and deployed. By leveraging blockchain technology and a novel approach called 

, FLock addresses critical issues in AI development, such as centralized control, lack of transparency and privacy concerns.

At its core, FLock’s mission is to democratize AI by enabling communities to participate directly in the creation and refinement of AI models. Through federated learning, FLock trains AI models across multiple decentralized devices or servers. This method ensures that data remains local, eliminating the need for raw data exchange while still enabling robust model training. By decentralizing the training process, FLock not only protects individual privacy, but also fosters a more inclusive ecosystem in which diverse contributors can collaborate.

What sets FLock apart is its integration of 

. This ensures that all contributions — whether data, compute power or feedback — are transparently recorded and fairly rewarded. Blockchain tech’s immutable ledger enhances trust among participants and safeguards the process against manipulation. Additionally, the platform’s on-chain incentive mechanisms encourage participation from a wide range of contributors, ensuring that rewards are distributed equitably.

Ultimately, FLock empowers communities to develop bespoke AI models tailored to their specific needs. By decentralizing the process and prioritizing transparency and collaboration, FLock breaks the monopoly of large corporations, creating an AI ecosystem that aligns with public ethics and societal values.

, an Oxford alumnus with a robust background in AI and blockchain technology. Sun, who serves as FLock's CEO, has an impressive career trajectory, having worked as the Director of AI for the Royal Bank of Canada and as an AI Research Fellow at Imperial College London. His vision for FLock stems from a deep understanding of both the technical and ethical challenges of AI development.

The founding team also includes other Oxford alumni, boasting over a decade of combined experience in AI research and the cryptocurrency industry. This team brings a collective blend of academic excellence and practical expertise that positions FLock to lead the decentralized AI movement.

FLock has successfully raised $11 million in funding across two rounds, reflecting strong investor confidence in its vision. In May 2024, FLock secured a $6 million seed round co-led by Lightspeed Faction and Tagus Capital, with additional backing from Digital Currency Group (DCG), Volt Capital, OKX Ventures and Inception Capital.

Later, in December 2024, FLock announced a $3 million successful funding round led by DCG and joined by prominent names like Animoca Brands, Fenbushi Capital, GnosisVC and GSR. These investments are being channelled into enhancing the platform’s testnet and federated learning client, accelerating FLock’s mission of enabling secure, collaborative AI development.

With this funding and over 1,500 nodes contributing from platforms like Numerai and Kaggle, FLock is rapidly scaling its impact on decentralized AI training.

FLock AI revolutionizes AI development through its decentralized training framework. This approach allows participants to contribute to AI model training without ever sharing their personal data. Instead, models are trained locally across devices using federated learning, which ensures that data remains with its owners while still enhancing the accuracy of the model overall. 

FLock’s reward system is designed to incentivize active participation. Contributors who provide data, computational power and/or feedback are compensated with FLOCK tokens, ensuring a fair distribution of rewards. 

FLock empowers its community through a robust governance framework. Decisions regarding AI model development, deployment and ethical considerations are driven by the community, ensuring alignment with established societal values. Through blockchain-based voting mechanisms, contributors can influence the direction of AI projects, fostering transparency and public accountability. 

FLock’s modular architecture allows contributors to participate in specific aspects of AI model development. Whether providing raw data or computational power or even refining algorithms, the platform enables a collaborative and scalable development process. 

At the core of FLock’s philosophy is its commitment to privacy and security. By leveraging blockchain technology, the platform ensures that no single entity controls the AI development process. Data remains local and protected by cryptographic measures, while the immutability of blockchain guarantees transparency in every transaction and model update. 

 begins with a blockchain and an AI layer.

The blockchain layer underpins FLock’s incentivization and security mechanisms.

The AI layer facilitates model training, refinement and deployment, leveraging both centralized and federated approaches.

Let’s have a look at the supply and demand for the FLOCK token.

FLock adopts a 1:2 ratio model between team/investors (33.3%) and community (66.7%), prioritizing community-driven growth and ecosystem expansion. The majority of tokens are allocated to incentivize user participation and long-term ecosystem success.

FLock aims to improve the future of AI development by decentralizing the training process and ensuring transparency, privacy and inclusivity. By leveraging blockchain and federated learning, FLock empowers communities to contribute to AI creation without compromising on privacy. Its innovative reward system and community-driven governance foster a fair and collaborative ecosystem. 

With significant backing and a growing network of contributors, FLock is positioning itself as a leader in decentralized AI, offering a more ethical and secure alternative to traditional AI development models. As it continues to scale, FLock is set to transform the way AI models are built and deployed.

 — and earn a share of a 10 million FLOCK prize pool. For more details, visit 

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FLock AI: Decentralized AI Training

Bybit Learn

Altcoins

The Central African Republic is launching a native crypto, Sango Coin, to combat its nation's financial isolation issue. Find out all about it in this article.

As cryptocurrency continues to take off, more and more official organizations are getting involved. One of the most intriguing government-backed cryptocurrencies is 

. This cryptocurrency from the Central African Republic (CAR), the first African country to launch a native crypto, has been met with some controversy. 

Is it a great investment, or is it a poor decision that will bankrupt the country? Explore our guide to understanding Sango Coin's history as we see whether it's a viable crypto option.

Sango Coin is a cryptocurrency backed by the Central African Republic’s resources. The crypto offers many features, including digital citizenship programs, metaverse land ownership and tokenization of natural resources.

The Central African Republic is a landlocked African nation in the middle of Africa that already uses other cryptocurrencies as official currency. They now plan on adding Sango Coin to their roster. Sango Coin will be the native crypto of the Sango project. It’s backed by a Bitcoin reserve and governed by Central African Republic citizens. Every citizen is able to vote on crypto proposals and shape the future of the coin. Sango Coin comes with many potential applications, including day-to-day purchases, crypto coin trading and virtual economy investments.

Sango Coin is just the latest part of the Central African Republic's plan to revolutionize the country's banking system. In April 2022, the nation made headlines for adopting Bitcoin as legal tender. A few months later, on July 3, 2022, the nation announced that they’re launching a national cryptocurrency. The coin is named "Sango" after one of the nation's official languages. It officially launches in mid-July.

This move toward crypto is part of the nation's plan to revitalize its economy and promote financial inclusion with a next-generation currency. As Central African Republic President Faustin-Archange Touadéra 

 during the Sango Genesis’ event, roughly

 don't belong to a bank. The nation mostly consists of smaller towns with little infrastructure, so most people cannot easily travel to a physical bank. Their banking system is made more complicated by the fact that regional instability and poor exchange rates tend to scare away reputable international banks. This has led to a lot of financial isolation, and many citizens are unable to do things like make online purchases or invest retirement funds safely.

Therefore, the Central African Republic has been making a huge push toward a crypto-based economy. Supporters like President Touadéra believe that cryptocurrency could provide a safer way for citizens to store and use their funds. They hope that people who were previously unable to use anything besides cash will be able to use Sango Coin for everyday purchases. The coin is mostly meant to be used, not traded, but some of the region's economic experts also say they hope Sango Coin will attract global crypto investors. Overall, the government states that crypto will help them break away from traditional economic structures that have failed to work with their unique culture.

Keep in mind that this plan has been met with some skepticism.

 in the Central African Republic don’t have access to the internet. MP Jean Galvanis Ngassiyombo, part of the National Assembly economic and planning commission, says that the country plans to install a public fiber-optic network by the end of 2023. The Central African Republic has already signed deals with the nearby nation of Cameroon, and they appear to be well on track with their goals. Ultimately, Sango Coin will only be viable if the government keeps its promise to get all residents internet access.

To help ensure it has many applications, Sango comes with several helpful features. The crypto has a confidential layer, so it can be both secure and private. It also allows 

, so it's useful for various sales and transactions. An integrated accounting system with an app will make it easy to keep track of coins.

As a form of national currency, Sango Coin has some unique perks for users. It’s exempt from capital gains taxes that other forms of crypto face. Users also don’t have to pay taxes on any transactions that take place over a cryptocurrency exchange. The crypto is legally recognized for paying all forms of debt and taxes. These CAR-specific features may cause higher-than-usual rates of adoption among CAR citizens.

Sango Coin also has some unique links to other projects run by the Central African Republic. As part of the Sango Project, they plan to create a Crypto Island in the nation's capital. Located in the CAR capital city of 

 to improve physical infrastructure. Sango Coin will also be used to help tokenize various national assets, allowing investors all over the world to invest in the nation's mining and export industries.

When Sango Coin is first generated, the government plans to offer 20% of the coin in public sales. People who buy these coins will have the option of locking the coins for a set amount of time. By holding onto the coins instead of immediately selling them, they’ll receive multiple benefits, listed below.

Those who lock Sango are allowed to apply for citizenship with the Central African Republic. In addition to making it easier to obtain actual citizenship, you also automatically get citizenship in the Sango metaverse. This can give you additional advantages and fewer fees when investing in the CAR's Crypto Island.

When you lock Sango Coin, you get to join the very first e-residency program to exist in the metaverse. Being an e-resident is mostly important for tax and government purposes. In addition, e-residents will be able to avoid paying any cryptocurrency taxes. They’ll also be able to vote on various proposals that help to determine policies for Crypto Island.

Each user who locks their Sango Coin will get a real plot of land. The ownership of this land will translate to a real plot within Crypto Island as well. This land is represented in a one-to-one ratio, meaning your real land will directly correspond to your virtual land.

So far, little has been released about the actual tokenomics of Sango Coin. The Central African Republic’s government has mostly been interested in discussing their "big picture" plans with the world, so we don't know much about how the coin will actually operate. For instance, there isn't much information available about how the coin is generated or how its value will fluctuate.

From current documentation, it’s clear that the Sango Coin is linked to Bitcoin. The government plans on using a Bitcoin reserve to back the value of the Sango Coin itself, and Sango will be connected to a Bitcoin sidechain. The other central fact we know about Sango is that it will be based on blockchain technology.

The Sango project is just starting out, but there are already quite a few details on the government's plans for its future. 

, they have a clear road map with three different stages.

The Central African Republic started the building blocks of legalizing crypto when they announced that Bitcoin would be legal tender. In the next legislative quarter, they hope to enact more bills formalizing the role crypto plays in their economy. This includes updating laws to allow new avenues for citizenship and land transfer.

Setting up this crypto has been an enormous digital undertaking. To help provide infrastructure for the project, the government has launched programs to provide 

 and build a National Bitcoin Treasury. The next stage of their plan is to work on testing a Bitcoin sidechain that allows seamless communication between the two crypto branches.

One of the main reasons the government has been such a huge proponent of crypto is because they believe it can have real-world applications. They plan on using the Crypto Island location to launch physical infrastructure for the nation. Their first initiative will aim to improve transportation infrastructure.

The Sango project is very optimistic, so it's already generating a lot of excitement. In the world of crypto, this tends to be a good thing. High amounts of press lead to more demand, which leads to higher prices. Investors who get in at the early stages will have a lot of different opportunities for how to handle their Sango Coin. The initial interest in the coin and Crypto Island may offer some interesting chances to make a profit.

However, we'd recommend exercising some caution when investing with Sango Coin. A lot of the coin's success depends on the government's ability to turn average citizens into crypto users. This may prove tricky, because the Central African Republic has experienced

. Compared to some other parts of Africa, they’ve suffered human rights violations, as well as misappropriation of government funds. This could derail the nationwide fiber optic plans that are critical to Sango Coin's long-term viability. These issues are problematic enough that the World Bank has 

Ultimately, investors are likely to be better off just treating Sango Coin like any other temporarily popular crypto. The more conceptual features, such as tokenizing national resources and building a deregulated national finance system, may not work out — so investing vast sums in long-term strategies is probably a risky move.

The idea of a crypto coin fully backed by a country's resources is exciting. However, Sango Coin is still in its early stages. The government has used a lot of trendy buzzwords, but it's hard to tell whether their promises will pay off. Unless they can actually improve the country's internet services, we won't get to see Sango Coin's more unique features in action. Until then, it's likely to create a briefly trendy crypto bubble without staying power.

Sango Coin: The Native Crypto of the Central African Republic

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