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06/09 01:32

Coinbase listing hype drives Fartcoin back into to

Coinbase listing hype drives Fartcoin back into top 100

Fartcoin is back in the spotlight! The joke-themed coin is up 12% in just one day after Coinbase added it to its listing roadmap. This doesn’t mean it’s listed, but it’s certainly a strong hint, and usually, roadmap coins go live within a few weeks. Traders are already betting it will follow the same pattern.

Coinbase hype drives price higher

Fartcoin is up 372% from its yearly lows following the announcement, with trading volume doubling to $414 million and market cap back above the $1 billion mark. Fartcoin’s price surge comes despite a general crypto market slump caused by heightened political tensions between Donald Trump and Elon Musk over digital asset regulation and economic policy.

Fartcoin’s price has rebounded from its recent lows to $1.06. The rise has helped it to move into the top 100 cryptocurrencies by market cap.

 From Joke to Cult

Fartcoin started out as a joke. It was created in October 2024 when someone minted 1 billion Fartcoins on Pump.fun for just 2 SOL. Most of the Fartcoins were snapped up in seconds. Despite this, Fartcoin caught on. It became a fun, lighthearted currency that many in the crypto world loved during tough times.

Now, however, Fartcoin is on track to have its first positive quarter in late June, marking a major turnaround from its sluggish start to the year. After falling 51% in the first quarter, Fartcoin rebounded in the second quarter and is up 132.5% year to date, according to CryptoRank. Previously, Fartcoin had surged 735% to $1.64 after falling to $0.20 in April on concerns about tariffs. Still, May’s performance saw it pull back 43% from its highs and end the month down 13.4%.

 Meanwhile, retail enthusiasm for Fartcoin is on the rise again as whales become more active on a large scale. According to data from smart money tracker Stalkchain, a large investor recently purchased nearly $3 million worth of Fartcoin, further boosting buying momentum. Such big moves by experienced players tend to inspire retail confidence and lead to sharp price increases.

Jokes over practicality

Fartcoin itself has no real technical or practical use. Instead, users can earn tokens by submitting memes or jokes, and each transaction even makes a "fart" sound. It's purely for humor and entertainment, not to change the world.

With Coinbase's attention, Fartcoin may gain more attention. While it may not have deep value, it does know how to create some sensations in actual operation and market performance. 

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