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

.SWOOSH is Nike’s web3 marketplace that supports the sale of its virtual apparel and footwear. Find out more about its latest airdrop here.

Top-rated brands have historically embraced the future and moved to be at the head of the pack with innovations and advancements. Largely, brands like Nike and others have focused exclusively on selling their physical products, but this is changing: 

 are digital assets that have been used as collectibles, in 

 and for other digital purposes. While there has been a promise from some NFT creators to add real-life utility to their collections, this has largely been unrealized. However, Nike hopes to change this with its first digital sneaker collection on its .SWOOSH platform.

By interweaving virtual and physical products together, .SWOOSH may be Nike’s future. Its marketplace allows .SWOOSH community members to trade and collect the brand’s virtual products. In addition, .SWOOSH members can create new collections and earn 

 on sales. Via this utility, the .SWOOSH community can directly participate in the brand’s future. In addition, .SWOOSH virtual products may grant access to real-life events, including the possibility of pre-ordering the latest styles of physical shoes.

The .SWOOSH platform was developed by Nike Virtual Studios and was originally launched in November 2022. Ron Faris, who contributed to the development of the 

 app, heads the division as VP/GM. The purpose of .SWOOSH is to support Nike’s web3 creators. Nike got behind the concept for this project after making $185 million in 

 and $90 million in royalties from its first NFTs in August 2022. While the platform initially had the exclusive utility of allowing new community members with a Nike-provided access code to sign up, it’s now closer to fulfilling its intended purpose of being an NFT marketplace.

The .SWOOSH developers want to bring Nike into the future with a unique web3 experience. More than that, they aim to enhance the customer experience by offering access to exclusive physical products and experiences to owners of NFT sneaker boxes. These boxes also support creative innovation by allowing users to create their own collections and earn related royalties. 

Thus far, many people who aren’t active web3 users have shied away from NFTs, possibly from fear of being caught in a scam because the process is too complicated or for other reasons. With .SWOOSH, Nike wants to simplify the process and bring NFTs into the mainstream. It prevents related scams through the use of its own .nike domain and takes some of the confusion out of the equation by completing transactions in U.S. currency. In addition, the future utility of the sneaker boxes could support pre-ordering new-release physical shoes, as well as providing other real-life benefits.

In order to use the .SWOOSH features, you must be a member of the community. After completing the membership process, you can browse through the virtual products and make your selections. All purchases can be completed with a standard debit or credit card in U.S. currency. As a web3 platform, .SWOOSH transactions are logged on the 

. Two types of NFT sneaker boxes are available through the brand’s first airdrop, offering creative possibilities as well as access to exclusive experiences and physical products.

.SWOOSH membership isn’t currently open to the general public. During this closed beta phase, only those who have a special access code can join. However, if you don't have an access code, you can join the .SWOOSH waitlist. On the 

 link to access your new profile. Once you see the 

 page, you can follow the process to join the waitlist. When you’re granted membership, you’ll receive a .SWOOSH ID, which gives you access to Create and Trade functions.

Nike is slowly rolling out the platform, including both access and available digital products. As part of its ramp-up process, it’s hosting educational sessions in select cities. Additional educational resources will be publicized on Nike’s blog and its Instagram profile.

The .SWOOSH platform was initially released in its beta version in November 2022. At that time, Nike Virtual Studios announced that it would be a web3 platform for digital collectibles as well as an educational resource. To add utility to these virtual sneaker collectibles, the company has also stated that the .SWOOSH collectibles will be usable in various immersive experiences and games. 

In January 2023, Nike Virtual Studios hosted a 

 for .SWOOSH users. Specifically, .SWOOSH members were asked to create an Instagram storyboard of their sneaker designs, and the winner of the contest would receive a $5,000 prize. The designs of four participants are now featured in the new NFT collection.

.SWOOSH is being carefully unveiled at a slow pace, and access to membership will gradually be opened to the general public. Concurrently, .SWOOSH will expand its utility and appeal. For example, a possible update down the line could include digital storefronts for individual athletes.

With the recent release of the new .SWOOSH platform, Nike’s foray into the metaverse will soon be followed by the launch of its virtual sneaker collection, known as OF1 (or 

On Apr 18, 2023, .SWOOSH will airdrop OF1 posters that pay homage to the Air Force 1 marketing campaign from several decades ago. These posters will also commemorate the new OF1 digital sneaker collection. A total of 106,453 OF1 posters will be airdropped to the .SWOOSH community. This means that approximately one out of every three .SWOOSH users will receive a poster. Those who receive one can take advantage of OF1’s early access sale on May 8, 2023. Access for the full .SWOOSH community will be available on May 10, 2023. 

There are two types of digital collectibles available for the new digital sneaker collection: the New Wave and Classic Remix sneaker boxes. In honor of the release date for the Air Force 1 sneakers, the price of the New Wave and Classic Remix sneaker boxes is $19.82. Notably, each sneaker box NFT will have utility, such as for creative expression, access to exclusive physical products and more. 

According to Nike Virtual Studios, these exclusive physical products will combine with special experiences and other benefits to expand the overall experience of .SWOOSH users. Those who own .SWOOSH digital collectibles will also have the opportunity to earn royalties by creating their own .SWOOSH collections

Who Is Eligible to Receive the .SWOOSH Airdrop?

.SWOOSH community members who have previously co-created with Nike will be eligible to receive an OF1 poster from Nike. This includes 

Members who’ve registered through Nike’s DEI (

) and SCI (Social Community and Impact) partnership organizations will also receive their own OF1 posters.

The rest of the available posters will be airdropped to .SWOOSH members in a fair and randomized process. However, in order to be eligible, you need to be fully onboarded to the .SWOOSH platform with a .SWOOSH ID as of the snapshot taken on Apr 12, 2023, 12:00PM PST. Not sure if you’re eligible? No worries — you can verify this information on 

As an added layer of verification, .SWOOSH will be sending an airdrop confirmation email to all eligible community members. Simply look out for the email from 

If you’ve missed out on the airdrop this time, don’t worry, as Nike has stashed 82 posters away in a Nike-owned wallet, with plans to distribute them in the form of giveaways and rewards in the future. You can join the waitlist today and still get a chance to win.

Are Nike .SWOOSH’s OF1 Boxes a Good Investment?

Since it’s a new web3 platform, the utility of .SWOOSH is still in development. Since Nike is still rolling out the platform’s features and membership access, the timeline for many details hasn’t been released. However, the platform has tremendous potential, and Nike’s intentional rollout indicates that it’s dedicated to making .SWOOSH a success. 

OF1 is the first digital sneaker collection available on .SWOOSH, so in addition to offering exciting utility, there’s potential for the value of these NFTs to increase as well. Given the fact that only a select group of people have the ability to purchase OF1 Boxes initially, and with the membership base expected to grow substantially, demand for these NFTs is likely to grow as well. With these key factors in mind, OF1 Boxes may be a great investment.

Nike has a longstanding history of breaking barriers and is poised to continue on this path with its focus on combining virtual and physical products and experiences through .SWOOSH. If you aren’t one of the early users of .SWOOSH, you can join the waitlist today.

.SWOOSH: All About Nike's Web3 Marketplace & Latest Airdrop

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