The post Who made Fartcoin and what does it do? appeared on BitcoinEthereumNews.com.

When Fartcoin [FARTCOIN] appeared on the Solana [SOL] blockchain in October 2024, its outrageous name certainly got attention, but the story of its creation and quick market buzz also made people look twice. Born from an AI project called “Truth Terminal,” Fartcoin is a classic memecoin—it’s all about jokes, a lively online following, and riding the waves of internet fads. Let’s get into Fartcoin’s unusual birth, what (if anything) it’s supposed to do, its wild ride on the market, and the usual cloud of questions that hangs over these fast-moving crypto tokens. An AI dream and a ghostly launch Fartcoin didn’t start in a garage or a boardroom; its origin story is a bit stranger. The prevailing rumor pins the idea on “Truth Terminal,” an artificial intelligence said to be the brainchild of an independent scientist, Andy Ayrey. This AI apparently picked Fartcoin as a winning memecoin concept and even suggested Solana as its launchpad because of the network’s cheap transaction costs. Though Truth Terminal might have sparked the idea, an unknown individual or team actually brought Fartcoin to life on Pump.fun, a Solana launch platform, on October 18, 2024. Flying under the radar with no named founders is pretty standard for memecoins. Once launched, the community largely took over Fartcoin’s direction, especially after the original developer supposedly sold all their tokens for a paltry $500, essentially tossing the coin’s future to its believers. True to the memecoin playbook, Fartcoin started without any public faces on its team or a detailed whitepaper. Its worth and spread have mostly been driven by chatter on social media and people buying it hoping the price will shoot up. Amusingly, for something so silly, Fartcoin did snag some early attention from bigger financial players; Sigil Fund was said to be one of the first…

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Filed under: News - @ July 27, 2025 1:27 pm