Editing Fartcoin

**Fartcoin** (ticker **FARTCOIN**) is a [[Solana]] memecoin launched on [[pump.fun]] in October 2024 from a token idea floated by the AI chatbot [[Truth Terminal]].[^2] It peaked at about $2.15 billion in market cap in January 2025 and was listed on Coinbase in June 2025.[^4][^6]

## Lore
In a conversation on Infinite Backrooms, a site of AI-to-AI chats, Truth Terminal listed ideas for token launches, Fartcoin among them; unidentified traders then launched it on pump.fun.[^2] On 18 October 2024 the bot's wallet received 20 million FARTCOIN, worth about $40,000 at the time; with its [[Goatseus Maximus]] holdings, its portfolio passed $1 million that day, according to The Block.[^1]

The token's X profile called it "all hot air" with "no utility, just laughs".[^1] Holders adopted the slogan "hot air rises".[^2]

On 11 December 2024 Fartcoin set a high above $0.52, making it the fourth-largest token created on pump.fun.[^2] It passed $1 billion in market cap around 18 December 2024, entering CoinGecko's top 10 memecoins ahead of [[Peanut the Squirrel]] and [[Popcat]].[^3] Its price peaked at $2.48 on 19 January 2025.[^5]

The token then fell to a $217 million market cap in March 2025, a slide Decrypt tied to the [[Libra]] scandal and US tariff news.[^4] By 22 April 2025 it was back at $1.08 billion, passing [[Bonk]] as the second-largest Solana memecoin behind [[Official Trump]].[^4]

## Timeline
- 2024-10-18: launch on pump.fun; Truth Terminal receives 20 million tokens[^1][^5]
- 2024-12-11: new high, market cap above $520 million[^2]
- 2024-12-18: passes $1 billion market cap[^3]
- 2025-01-19: all-time high price of $2.48[^5]
- 2025-01-21: Truth Terminal's wallet sells 15 million tokens over the counter[^5]
- 2025-03: market cap falls to $217 million[^4]
- 2025-04-22: back above $1 billion; overtakes Bonk[^4]
- 2025-06-12: FARTCOIN-USD trading scheduled to open on Coinbase[^6]

## Key wallets
- Truth Terminal's Solana wallet: received 20 million FARTCOIN on 18 October 2024; sent 15 million to two wallets on 21 January 2025, one of which forwarded 5.5 million to an address Solscan tags as market maker Wintermute.[^5]

## Controversies
The January 2025 over-the-counter sale of Truth Terminal's tokens, worth more than $22 million, was arranged by the bot's creator [[Andy Ayrey]]. He said an anonymous buyer approached him and that he agreed only on condition the tokens be held "responsibly". Fartcoin fell 17% over the next day.[^5]

## See also
- [[Zerebro]]
- [[Act I: The AI Prophecy]]
- [[ai16z]]
- [[Pippin]]

## References
1. [Marc Andreessen-funded AI bot becomes a millionaire after 'Fartcoin' holdings rally](https://www.theblock.co/amp/post/322002/marc-andreessen-funded-ai-bot-becomes-a-millionaire-after-fartcoin-holdings-rally), The Block, 2024-10-18
2. ['Hot Air Rises': Fartcoin Meme Coin Explodes as Degens Buy for the Lulz](https://decrypt.co/296035/fartcoin-meme-coin-explodes), Decrypt, 2024-12-11
3. [Solana meme coin Fartcoin hits $1 billion market cap](https://cryptobriefing.com/fartcoin-market-milestone/), Crypto Briefing, 2024-12-18
4. [Fartcoin Breaks Into Top 5 Meme Coins, Overtaking Bonk and Closing In On TRUMP](https://decrypt.co/315755/fartcoin-breaks-into-top-5-meme-coins-overtaking-bonk-and-closing-in-on-trump), Decrypt, 2025-04-22
5. [Solana Meme Coin Fartcoin Falls After AI Bot Creator Sells Huge Stash](https://decrypt.co/302436/solana-meme-coin-fartcoin-falls-ai-bot-sells), Decrypt, 2025-01-23
6. [Coinbase to list the Fartcoin, Subsquid and PancakeSwap tokens](https://www.theblock.co/post/357837/coinbase-to-list-the-fartcoin-subsquid-and-pancakeswap-tokens), The Block, 2025-06-11
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