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

Explainers

DeFi

Cetus is a decentralized exchange (DEX) that employs the concentrated liquidity market maker (CLMM) trading model, which allows liquidity providers to allocate their funds to custom price ranges within a pool.

 (AMMs), with their revolutionary liquidity pool concept, have been instrumental in boosting the profile of the 

 (DeFi) industry, which is actively exploring new trading models to further enhance the efficiency of token swaps and liquidity provision. In this quest, the concentrated liquidity market maker (CLMM) model has emerged as a major improvement to that of the AMM.

CLMMs allow liquidity providers to allocate their funds to a pool within specific price ranges in order to optimize the utilization of their liquidity. Most early CLMM platforms emerged on 

 (ETH)— the default choice for many DeFi operators. However, Ethereum’s network congestion, slow confirmation times and high transaction fees make its network a less-than-ideal environment for a CLMM application.

Cetus (CETUS), a DeFi project launched in 2022, has now brought the CLMM concept to newer and more technically suitable platforms — the 

 (DEX) that uses the concentrated liquidity market maker (CLMM), a liquidity provision model that represents an improvement over the standard AMM setup used by many DEXs.

) on a CLMM exchange can allocate their funds to specific price ranges within a pool. These are often the ranges within which the most active token swap activity occurs. The CLMM model allows LPs to optimize the use of their funds and maximize the revenue earned from transaction activity in a DEX pool. While Cetus runs on two

 blockchains, Aptos (APT) and Sui (SUI), it can be bridged to over 20 other blockchains via the 

Cetus was initially launched as an AMM platform in late 2022 on Aptos and Sui. In early 2023, the DEX upgraded its functionality to CLMM on both chains. The launch of a CLMM beta version on Aptos in January was a pivotal moment for Cetus. Since then, the project has been active in promoting the benefits of CLMM over AMM, and has attracted considerable interest from the DeFi trader community.

Cetus isn’t the first DEX to adopt the CLMM model. In 2021, the concentrated liquidity concept was first introduced on the Ethereum-based 

 (UNI), and most CLMM DEXs are based on the world’s largest DeFi chain. However, Ethereum — with its network congestion, high fees and relatively slow transaction confirmation times — is no longer an optimal environment for high-precision DeFi models like CLMM. Newer and more suitable platforms, such as Aptos and Sui, have emerged as alternatives to Ethereum, and the Cetus team has taken note.

LPs earn fees on Cetus from the trading activity that occurs within a specified price range for the pair of tokens in the pool. As an LP, you can add liquidity to swap pools using four modes — Conservative, Active, Full Range and Custom.

The Conservative mode, which allows you to choose a wider price range, is ideal for newer mainstream tokens like APT (Aptos) and SOL (

). The wider price interval ensures a lower risk of the swap rate moving outside of your specified range in the course of market activity. However, the more diluted range reduces your earnings potential, so you can expect relatively lower returns.

The Active mode suits time-tested blue-chip cryptos such as  

 (BTC) and Ethereum. It lets you allocate liquidity to a more constrained price range, boosting your earnings when trading activity occurs within that range. However, it also increases the risk of the actual swap price moving outside of your chosen interval.

There’s also the Full mode, which basically replicates the standard AMM. Lastly, the Custom range is for true DeFi pros. It lets you specify your custom-chosen price range within whatever precision levels you need.

When you provide liquidity to a Cetus pool, the platform issues you a 

 that confirms your price range position and entitles you to earn fees from 

 within the range. Using NFTs as a liquidity pool confirmation asset is a peculiar feature of the protocol, as most other DEXs use fungible 

Liquidity mining on Cetus is also far more rewarding for active LPs than on a standard DEX. In a typical AMM-based DEX, an LP’s earnings are based on the amount contributed to the pool. In contrast, Cetus distributes liquidity mining rewards based on an LP’s performance in the pool. The more skillfully you allocate your price ranges and help the protocol efficiently utilize your liquidity, the more rewards you can expect from your performance.

Cetus also supports price allocations for single-sided liquidity mining. You can specify range orders to execute if your target asset in a pool reaches certain values. This opens the door to the use of popular single-asset trading methods often found in 

Cetus offers valuable services not only to liquidity miners and traders, but also to DeFi developers and platform operators. The Cetus-based oracle records and communicates information on the liquidity and pricing data in the pools. It can be integrated by other DeFi protocols in order to feed the information into their own platforms and markets.

Concentrated Liquidity Market Maker (CLMM) vs. Automated Market Maker (AMM)

Concentrated liquidity — in which LPs allocate their funds only to specific, usually most actively traded, price ranges — has been a significant concept in the evolution of DeFi. AMMs spread liquidity uniformly across the entire price curve, which results in the underutilization of the total liquidity. In contrast, CLMM platforms like Cetus put much more of the total liquidity to active use, thanks to their range-based models. This helps CLMM platforms achieve superior liquidity efficiency as compared to AMMs.

CLMM offers advantages to all the parties involved — LPs, token swappers and the platform itself. LPs can earn more rewards than on an AMM DEX by actively allocating their liquidity to the “hot spots” of the trading activity. The CLMM platform benefits from the increase in active liquidity utilization as well. Finally, token swappers get the benefits of more choice in well-funded pool pairs, and lower 

CETUS is the Cetus protocol’s main cryptocurrency. Its function is to act as a medium of exchange and payment on the platform. CETUS can also be staked to issue xCETUS tokens (covered below), which let you participate in on-platform governance.

The CETUS token has been issued on Sui. It’s a supply-capped crypto with a maximum supply of one billion.

 section states that the token can initially be earned only via participation in on-platform activities, specifically through liquidity mining. That might explain its current circulating supply of just 80 million (8% of the total supply). As the platform matures, the circulating supply is likely to increase rapidly. However, this feature of CETUS doesn’t mean that the token has any limitations on being traded on the market.

xCETUS, another crypto token used within the protocol, is envisioned mainly as a governance token, although it has some additional functions. When users lock a certain amount of CETUS, they’re issued non-transferable xCETUS in equal proportion, giving them the right to participate in on-platform governance voting. The more xCETUS you hold, the greater your voting power.

Additionally, xCETUS may be used to boost your rewards from certain liquidity pools. The token is also used to calculate eligibility for participation and buying quotas of users interested in the Cetus 

As of Dec 14, 2023, the CETUS token is trading at $0.059, or 59.23% lower than its all-time high of $0.147 recorded on May 10, 2023 and over 120% higher than its ATL of $0.027 on Jun 12, 2023.

Long-term price predictions for CETUS are bullish, with PricePrediction 

 it will reach $0.16 in 2025 and $1.18 in 2030. Meanwhile, DigitalCoinPrice 

 the token to trade at $0.22 in 2025 and $0.63 in 2030.

You may consider investing in the CETUS token for the following reasons, both of which might act as substantial growth drivers for it:

Ethereum features confirmation times of around 15 seconds, although some transactions may linger in an unconfirmed state for minutes. The confirmation times on Aptos and Sui are approximately five seconds and one second, respectively. This nuance could contribute to a significant inflow of users, both LPs and token traders, to Cetus— and away from Ethereum-based platforms.

Concentrated liquidity mining was pioneered by Uniswap back in 2021. Now, Cetus is taking this innovative DeFi model to new heights by leveraging technically efficient blockchains. If the Cetus protocol manages to gather enough support and appreciation for its service among DeFi enthusiasts, we’re likely to see CLMM move from the category of niche concepts to the industry mainstream.

A few years ago, the AMM was also considered an advanced niche, perhaps even a gimmicky concept. Fast forward to today, and AMM has established itself as the default for powering a DEX. The time has arrived for AMM to pass the stage to CLMM. Over the next few years, expect CLMM to become the default method for trading tokens and providing liquidity — and one of the key platforms that will drive this monumental industry-wide change is going to be Cetus.

Cetus Protocol (CETUS): Elevating DeFi With Concentrated Liquidity

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