Wow! Fartcoin Records New All Time High (ATH) at $1.60 per Coin

Bittime - Recently, Fartcoin recorded an all-time high (ATH) on Saturday January 4 at $1.60 per coin. Fartcoin's market capitalization value also soared to $1.5 billion (Rp. 24.3 trillion) in just two months since its launch, according to data from CoinMarketCap.

What Are Fartcoins?

Fartcoin is a meme coin created by AI bots. Fartcoin was first launched as an experimental project by artificial intelligence (AI) bot Truth Terminal in late 2024. 

The initial idea was to create a humor-based token that leverages Solana blockchain technology to attract the interest of the crypto community. In a short time, this token managed to attract widespread attention thanks to its unique concept and active community. 

Fartcoin price

In the last 24 hours, the price of Fartcoin rose by 9%, reaching $1.5 (Rp. 24,300). On a weekly basis, this token recorded an increase of up to 44%, while in the last month, its price surge even reached more than 600%. 

With this performance, Fartcoin is now ranked fifth as the largest meme coin on the Solana network, only behind Bonk (BONK), ai16z (AI16Z), Pudgy Penguins (PENGU), and dogwifhat (WIF).

Fartcoin Chases AI16Z Token

Apart from that, Fartcoin has also succeeded in becoming the second largest AI-based meme coin after AI16Z, which recently recorded a market capitalization of more than $2 billion (Rp. 32.4 trillion). Analysts are optimistic that if this positive momentum continues, Fartcoin has the potential to join AI16Z in the $2 billion club.

Not only Fartcoin, the upward trend can also be seen in several other AI-based meme coins. AI16Z, for example, recorded a price increase of 164% in the last few days. 

Tokens such as Zerebro (ZEREBRO), Goatseus Maximus (GOAT), and Freysa AI (FAI) also showed significant increases with gains of 82%, 26%, and 93% respectively. Overall, the market value of the AI-based meme coin sector has now exceeded $10 billion (Rp. 162 trillion).

Conclusion

Recently, meme coins with AI themes have become a new target in the crypto market, including Fartcoin. However, as with other crypto investments, investors are reminded to remain alert to the risk of high volatility inherent in these assets. Even though the profit opportunities are tempting, extreme price movements must still be anticipated.

FAQ 

What is Fartcoin?

Fartcoin is a meme coin created by AI bots. Fartcoin was first launched as an experimental project by artificial intelligence (AI) bot Truth Terminal in late 2024. 

All Time High Fartcoin How Much?

Fartcoin hit an All Time High (ATH) on Saturday January 4th at $1.60 per coin. 

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Reference

CoinMarketCap, Fartcoin, Accessed January 4, 2025

CryptoBriefing, Fartcoin Hits All Time High, Accessed January 4, 2025