The post Why Fartcoin Is Blasting Off Again Amid Crypto Market Chaos appeared on BitcoinEthereumNews.com.

Crypto traders are leaning into absurdity during a time of tariff volatility and broader market uncertainty, catalyzing the recent surge around Fartcoin and other Solana-based meme coins inspired by topics like flatulence and anatomical features. Fartcoin is up 30% in the last 24 hours to $0.96, marking a 97% gain in the last seven days and nearly 250% jump in the last 30 days, according to CoinGecko.  During a time when major coins have taken hard hits and some remain well down—Ethereum is down 13% on the week—why is Fartcoin resonating with traders? There may be comfort in nonsense, or at least in meme coins that previously skyrocketed and now are doing so yet again. If you bought Fartcoin 7 days ago you out traded eth holders that have held eth for the past 4 years. Lmfao. — TOPFUD🔝 (@Topboycrypto) April 11, 2025 “I think everyone knows what they’re getting into,” Matthew Nay, a research analyst on Messari’s protocol services team, told Decrypt about tokens like Fartcoin. “Like how Bitcoin is the original meme coin. You didn’t know the founder… it was this decentralized thing in practice. With Fartcoin, there is no founder to rug you, there is no timeline or roadmap that it has to adhere to. Instead, you’re just speculating on sentiment.”  Sentiment surrounding the token has improved of late as its mindshare has more than doubled to 28.72% since April 1, leading all other AI-related tokens according to data from analytics platform Cookie.fun. The platform uses data from X (formerly Twitter) and the Solana blockchain to determine a token’s mindshare among crypto participants.  For those participants, the risk appetite and “long-term bullish bias” on crypto haven’t faded, according to Nay.  “Not that many people left in the last 2-3 months, and they all remember making a lot…

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Filed under: News - @ April 12, 2025 12:26 am