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

Crypto Insights

Enjoy our weekly take on the market summary!

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: This past week has seen Bitcoin's price continue its descent, as Bitcoin Spot ETFs continue to experience outflows from investors. The next critical support level for the cryptocurrency stands at $60,000 — a crucial psychological threshold that will help determine the longevity of the current bull market.

In contrast to the resurgence witnessed in the U.S. equity markets, the crypto world hasn’t shared the same level of enthusiasm. AI-focused tokens, in particular, have failed to capture the same exuberance from market participants.

However, the overall sentiment in the crypto space remains cautiously optimistic. The ongoing ZRO airdrop has kept on-chain users actively engaged, providing a glimmer of optimism amid the mixed performance across the broader digital asset landscape.

No Major Economic Data Hits the Market; AI and NVIDIA Take the Show

NVIDIA's unstoppable rise has propelled the semiconductor titan to become the world's most valuable company, surpassing its big-tech peers. The company's market capitalization now exceeds $3.3 trillion, overtaking Microsoft and Apple as the artificial intelligence revolution continues to unfold.

On Tuesday, NVIDIA's stock price increased by 3.5%, closing at $135.58 per share. This latest rally has cemented the company's position as the global leader, underscoring the investment community's intense focus on AI.

NVIDIA is widely regarded as the primary beneficiary and dominant force in the AI technology landscape, thanks to its highly sought-after and industry-leading semiconductor chips. The company's dominance in this transformative field has been a key driver behind its meteoric rise to the top of the global market cap rankings.

This latest milestone serves as a powerful testament to the seismic shift underway, as NVIDIA emerges as the prime enabler of the AI-powered future. 

Next week, consumer confidence data and PCE print will draw the market's attention.

The sustained outflows of Bitcoin Spot ETFs from last week led to Bitcoin's underperformance against equities.

Tokens of the Week (Ending June 14, 2024)

CVX Jumps 65.9% After Convex Finance DAO Unanimously Approves Transition of Fees to crvUSD

 (CRV) users on Ethereum. It allows stakers to earn CRV and CVX tokens, and provides voting rights on token allocations. 

 saw a unanimous approval with 13 million CVX votes to transition DAO fees to crvUSD. The new 

 contract will now handle revenue distribution to veCRV holders in crvUSD, which will be facilitated by 

This move is part of a broader restructuring to forward new and potentially accrued fees to a new system, with a follow-up vote planned to address any outstanding fees not yet transitioned. 

XRP Jumps 0.8% Following Ripple and Archax's Partnership

 (XRP), launched in August 2012, is a blockchain technology company focused on improving international payments with its cryptocurrency, XRP, which serves as a bridge currency to facilitate fast, affordable and transparent cross-border transactions. 

 to tokenize hundreds of millions of dollars of 

 on the XRP Ledger (XRPL), aiming to make it a leading blockchain for such tokenizations. This partnership, announced at the XRP Ledger APEX 2024 summit in Amsterdam, builds on a previous collaboration and leverages XRPL's advanced features to enhance financial market efficiencies through asset tokenization.

ENS Surges 22.3% Following the Latest Innovations in the ENS Ecosystem

 (ENS), launched in May 2017, is a blockchain-based domain system on Ethereum that turns complex addresses into simple names, similar to 

. It’s secure, decentralized and governed by its token holders. 

: Rotkiapp now offers expiration notifications for ENS names through a new calendar feature. In addition, Lit Protocol introduced CAIP275, a standard that simplifies logging in with ENS names across domain wallets, and Webhash.eth launched the capability for users to issue .eth subnames on decentralized websites using Namespace.eth. Additionally, Vision introduced the 

 (VSS), which provides a platform for managing ENS namespaces and facilitates access to subdomains. These developments highlight ongoing enhancements in the utility and accessibility of the ENS ecosystem.

AGI Surges 18.5% Following the Announcement of Delysium's YKILY Network

 (AGI), launched in April 2022, is both a blockchain-based, AI-powered virtual society, and the first AAA-quality massively multiplayer online (MMO) game on the Epic Games Store. Players can create AI companions and engage in adventures, with features like natural language interactions and unique on-chain assets such as NFTs. 

 for AI Agents”) is designed to support efficient transactions and communication among AI agents aligned with human interests. As AI evolves, individuals will manage multiple AI agents capable of high-frequency, large-volume tasks across various domains. The YKILY network uses blockchain to facilitate secure, transparent interactions without the constraints of traditional financial systems, enhancing the autonomy and collaboration of AI agents.

Lista DAO Announces Token Generation Event for LISTA

 (TGE) for LISTA marks a significant milestone, with 10% of LISTA's total supply designated for airdrops, split into 8.5% at launch and the remaining 1.5% in future campaigns. Users eligible for the airdrop have a 30-day window starting June 19, 2024 at 9AM UTC to claim their tokens via the Lista DAO website, with trading set to commence on Binance on June 20, 2024 at 10AM UTC. 

To claim their tokens, users must connect their wallets to the airdrop portal, verify their eligibility and complete the claim without requiring authorization transactions, ensuring they only follow official links to avoid phishing scams. Unclaimed tokens as of July 19, 2024 will be reallocated to support the ecosystem's development.

, developed by Fractional Uprising Studios, announced an upcoming token airdrop of 62.1 million 

 tokens, constituting 10% of the total supply. Holders of the studio's NFT membership pass, who are required to play the game, will receive these tokens based on the duration they've held the pass. The airdrop, set for this week, will take place on the Arbitrum network. Additionally, the remaining 90% of the tokens will be distributed over the next decade, with allocations for community rewards, team vesting, a liquidity pool and future project funding controlled by token holders. 

 and available on the Epic Games Store, will also expand access to general players soon, with NFT holders able to earn more tokens through referrals.

Stay tuned for more institutional insights and crypto updates next week!

Weekly Institutional Insights — AI Took the Spotlight in TradFi, While Crypto’s AI Tokens Fell

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