Fartcoin is a meme coin launched on 18 October 2024 through Pump.fun, a meme coin launchpad on the Solana network. Unlike traditional cryptocurrencies that focus on finance, governance, or DeFi applications, Fartcoin draws its appeal from internet culture. The coin’s simple and relatable concept, “everyone farts,” helped it connect with a broad online audience.
The project initially invited users to submit fart jokes or memes to earn tokens, using humor as a creative way to distribute its supply and engage the community during its launch phase. With the tagline “the token that breaks wind, not banks,” Fartcoin highlights the lighter side of crypto through humor and community-driven cultural expression.
Origins
Fartcoin began as a concept generated by artificial intelligence (AI) rather than a traditional cryptocurrency project. The concept was created by an AI agent called Truth Terminal, developed by Andy Ayrey in collaboration with another AI model, Claude Opus.
During an online exchange, Truth Terminal proposed creating a meme-based cryptocurrency that captured the humorous and experimental side of the crypto community. This idea later evolved into Fartcoin, which was launched through Pump.fun on the Solana blockchain, using the SPL token standard.
From the beginning, Fartcoin was designed as a lighthearted project built around the idea that “everyone farts,” blending humor, community engagement, and internet culture. There have also been claims that Fartcoin transactions include a digital fart sound as part of a “gas fee” feature; however, there is no verified evidence to support this.
Supply and Distribution
Fartcoin launched with a total supply of 1 billion tokens on the Solana blockchain. At launch, around 20.1 million tokens were reportedly allocated to Truth Terminal. This portion was mainly symbolic, recognizing the AI’s role in shaping the idea while also serving as a marketing gesture that connected the token to its AI-driven origins.
The remaining tokens were made available to the public through open trading and community participation. Instead of a presale or private allocation, early users were encouraged to submit fart-related jokes or memes to receive tokens. This approach emphasized participation and community involvement over traditional fundraising mechanisms.
Risks and Considerations
High volatility
Like most meme coins, Fartcoin is highly volatile. The coin’s price can be influenced by social media trends, influencer activity, and speculation rather than underlying fundamentals.
Limited utility
Fartcoin has no clear financial or technological use case. The meme coin primarily serves as a form of online entertainment and cultural expression, meaning its long-term value depends heavily on ongoing community interest.
Copycat risks
Fartcoin’s popularity has led to the creation of similar or imitation tokens. These copycat coins can dilute the project’s originality and create confusion among investors. As with some viral crypto projects, oversaturation in the market can quickly reduce long-term interest and appeal.
What’s Next for Fartcoin?
In January 2025, Andy Ayrey, the creator of Truth Terminal, carried out an over-the-counter (OTC) sale of Fartcoin to help fund a foundation dedicated to supporting the AI project’s development and long-term independence. The sale was conducted privately to minimize market impact, with proceeds directed toward legal, technical, and operational efforts for the foundation.
The future of Fartcoin remains uncertain and will depend on factors such as community engagement, overall market conditions, and continued interest in the Truth Terminal project. Like most meme coins, it’s highly speculative and can experience significant price fluctuations depending on market sentiment.
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