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

Armed with good vibes, Okay Bears NFTs have been all the rage recently. Find out why and what Okay Bears are all about with our handy guide.

The Okay Bears NFT project is one that has been featured in headlines across many tech and crypto news sites recently. Okay Bears is a 

 project with many variations of cartoon bears. Buyers who are considering investing in this new Solana NFT project should first understand what the Okay Bears are, the features of the project’s blueprint, and its performance. This guide will explain all of these points, price trends, and why the Okay Bears NFT project is so popular.

Okay Bears are algorithmically-generated NFTs that were released in April 2022 on the Solana blockchain. With a total of 10,000 bears initially priced at 1.5 SOL each, the collection has taken over the Solana NFT market with an alluring culture shift that focuses on good vibes

The purchase price for the Solana PFP NFT bears was equal to almost $150 in American currency at the time of minting. As of late May 2022, each of the bears was worth about 90 SOL, or $8,850. Two reasons why the Solana PFP NFT bears were so successful at the time of their release were the hype the creators built, and the innovative design of the project's blueprint, which we’ll cover later in more detail.

BAYC and Azuki built hype. However, the Okay Bears NFT team took hype to new levels by offering open spots to random winners who followed instructions. The instructions included creating poems, sharing posts with hashtags, and changing a social media profile picture. By doing that, the creators reached more people to spark interest in their Solana PFP NFT project. The project's Discord was closed, and members still had to work to get on the whitelist after they got into the exclusive Discord. Such exclusivity with a challenge made the hype even stronger.

The Okay Bears NFT project puts emphasis on accepting community members as they are, and even creates its own judgment-free kindness culture. In several ways, the creators help members understand that they are valuable parts of the project. This idea is similar to the concept of corporate citizenship that businesses use to retain workers and help them to feel valued. The creators brilliantly aligned that concept with their promotion of the Okay Bears NFT project from the start when they turned fans into brand ambassadors, and showed them the value of working to become a part of a community.

Instead of releasing a simple road map, the Okay Bears NFT team created an in-depth blueprint for its community. Demonstrating the creators' desire to let members know that they’re vital to the success of the Solana NFT project, the blueprint page reminds members that they’re "building this together." The interactive blueprint outlines both these key areas, and the plans intended for them.

The Park: Home of the Okay Bears' Good Vibes

Bear Market: Unique Sales Channel Ecosystem

Once again emphasizing that community members are a part of the popular Solana PFP NFT project, the creators have made this area a workspace for public awareness projects and grassroots community engagement. The projects include collaborations of corporate social responsibility with global brands, social media outreach, real-world advertising and more. Here are some more details about the three main categories listed in this blueprint section:

In this area of the Okay Bears NFT community, the creators have set the brand apart by innovating a spinoff of a popular acronym in the crypto world. The popular acronym is WAGMI, which means ”We’re all going to make it.” The Okay Bears acronym is WAGBO — short for “We’re are all going to be okay.”

The Studio: Emphasis on Community Art and Music

The Studio is the place where the Okay Bears NFT community fosters and encourages creativity. Holders have priority access to this area and its exclusive content. The following points highlight some of what The Studio offers:

The folk tales and wallpapers are public to allow the rest of the world to get a glimpse into the Okay Bears NFT world and its good vibes.

Boutique: Exclusive Member-Only Merchandise

In this section of the blueprint, members have access to exclusive merchandise that’s tangible, including special Okay Bears prints, swag and collectibles. All new members are eligible for a complimentary welcome pack in the token-gated shop. Although some general items are available to the public in the boutique, there are several limited-edition collectibles that only Okay Bears NFT holders can buy. There are 3D crafts, concept art prints and more. Giving members a chance to stand out in this coveted Solana NFT project, the boutique also features exclusive Okay Bears fashion items that collaborate with lifestyle, fashion and sports brands.

Because members are highly valued, the creators made this space to showcase Okay Bears NFT holders and their talents. In addition, the gallery may feature fan art from non-members. The Okay Bears Gallery is a place where people can view all 10,000 of the bears in the collection. In the Curated Fan Art Display section, top fan art is displayed along with information about artists or communities behind it. Additionally, the section includes information about IRL popup exhibits, which may be found in various cities around the globe. Focusing on global causes and other hot topics, the art brings together NFT communities and one-of-one NFT artists.

The Platform is a place that includes information about a series of initiatives that spotlight and promote innovation and thought leadership throughout the Solana communities. In this section, members can learn more about keynotes, meetups and conferences. The events featured in The Platform are those that bring together mainstream leaders and Solana PFP NFT thought leaders. Some of the meetups and events are exclusive to Okay Bears NFT holders, or members of partner collections. Members can also learn about copyright licensing and community grants through The Platform. Some startup concepts may qualify for licensing or a grant through the Okay Bears initiative called The Honeypot, which exists to help the Okay Bears brand grow.

Traits for the Okay Bears are divided into these categories:

In each of these categories, there are more specific items, so that more than 170 total traits exist for the various Okay Bears in this Solana NFT project. For example, the clothes category has more than 45 specific clothing styles. With clothes, a black suit is the rarest, while a black tee is very common. Purple is the rarest background color, and cream is the most common. As noted earlier, the bears were created by an algorithm. There are six that are especially rare: The rarity of the rarest bear is 0.0000000001562%. Individual cards for the bears show their specific traits and the rarity percentages for each one.

During the last week of May 2022, the average Okay Bears NFT price was 197 SOL, which was equal to about $8,321 at the time. The project’s market cap was 1.55 million SOL, or $65.5 million. After the initial quick selling of all the original NFTs, high secondary trading volume followed. During the month of May, a few bears sold for around 250 SOL, which was over $10,200. One bear sold for over $12,000. And one bear with all rare traits — although it hadn’t yet sold — was listed on OpenSea for 3,001 SOL, which was equal to approximately $123,000. Some were priced upward of 400 or 500 SOL. Several bears have recently sold for between 75 and 175 SOL on OpenSea.

In the last week of May, there were more than 500 sales. On May 26, 2022, the floor price of Okay Bears was 150 SOL, marking a decrease of more than 13% from the day before. At that time, there were more than 1,050 listings available, with 55 sales during the 24-hour period and a top sale of 555 SOL. Finally, in the week before May 26, the floor price ranged from 150 to 206 SOL.

Price trends and trading volume so far look favorable. On the Okay Bears blueprint, the creators indicate that there will not be new bears released for the collection. The 10,000 that were released appear to be the only ones that will remain in circulation, which helps the bears stay valuable for now. With so many Solana NFT projects in existence or in the planning phases, it’s hard to say if another project will surface that threatens the popularity of the Okay Bears during the next several months. Needless to say, Okay Bears have gained considerable value in comparison with their original price of 1.5 SOL at minting.

Recently, a knock-off of the Okay Bears Solana PFP NFT project called the Not Okay Bears was in development. For a short time, it appeared to be a potential competitive threat. However, OpenSea delisted the copycat project after there were complaints from holders of Okay Bears NFTs. For investors considering a Solana NFT project to invest in, Okay Bears is a good choice. Rarer bears may be better investments for long-term strategies. The creative blueprint and its heavy emphasis on members helping build the brand is also a good sign for the NFT's future. New fans of the Okay Bears are more likely to appreciate the long-term value of these NFTs because of their attractive utilities and community.

So far, the Okay Bears NFT project has been the most successful Solana PFP NFT project to date, boosting Solana trading volume significantly. The structure of the community, the design of the project and the utilities make it attractive to buyers — and especially to NFT fans, who like the unique characters with positive vibes. Now that investors know the potential of Solana NFTs, it’s also a good time to start researching and watching for other projects with potential.

Okay Bears: A More-Than-Okay Milestone for Solana NFTs

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