FartCoin Treasury Company price

Can you imagine that a cryptocurrency with an absurd name and no application scenario has become one of the few mainstream coins that rose against the trend in the first quarter of this year? Even on Wall Street, traditional investors have broken their defenses. The co-founder of a16z retweeted its tweet, the hedge fund Sigil Fund was suspected of being tracked on-chain for early large purchases, market maker giant Wintermute included it in its core asset allocation, and the founder of Wintermute himself publicly stated that he holds the token. This token is the Fartcoin that is "in the same school" as GOAT. The origin of Fartcoin is a conversation between artificial intelligence. In an AI agent model funded by a16z founder Marc Andreessen called "terminal of truths," a small talk about Musk "liking the sound of farts" triggered a chain reaction. The AI suggested, "Why don't we send a coin called Fartcoin?" Thus, Fartcoin was born on October 18, 2024. Born with a "golden finger" Fartcoin was born like the protagonist of a cool article with a golden finger, attracting a group of "fart lovers" in the currency circle to watch, seek and buy. On December 13, 2024, a teasing tweet about Fartcoin quickly went viral on X (formerly Twitter). What made this tweet out of the circle was not its outstanding, but its retweet: Marc Andreessen, co-founder of a16z. Although he did not explicitly say that he bought Fartcoin, for such a downright meme project, being publicly retweeted by one of the most iconic figures in the Silicon Valley venture capital world is already a "capital certification" and a "circle-breaking signal" in itself. Another more substantial signal comes from on-chain capital movements. Shortly after Fartcoin was launched, when its market capitalization was still below $100 million, some community members tracked it through on-chain addresses and found behavior trajectories highly similar to those of the veteran hedge fund Sigil Fund - multiple large purchases, active interactions, and early ambushes. Founded in 2018, Sigil Fund is a compliantly registered round-the-clock strategy fund initiated by a group of crypto OGs, known for its focus on speculative narrative-driven assets. Its founder, MrKvak, frequently expressed his interest in the AI meme track on social platforms at the end of 2024, and even retweeted a tweet about "does Sigil hold $30 million in Fartcoin" on December 13, although there was no positive response, but it was widely interpreted by the community as a "default entry". At the same time, multiple on-chain data cross-verification shows that multiple strategy pool addresses are extremely close to Sigil Fund, and frequent buying, locking, and Raydium liquidity allocation operations have been frequently carried out in the early stages of Fartcoin. Related reading "Digital Solution to Fartcoin's Billion Dollar Road: Institutional Early Layout May Be a Promoter, Cold Fermentation Mints the New King of MEME" In addition, there is a more active character - Wintermute, one of the largest market makers in the crypto market, who appeared in the front row of Fartcoin's positions early. According to on-chain data, Wintermute holds 1.56% of the total supply, ranking fourth. In the asset allocation of its main address, Fartcoin ranks in the top five, even higher than some mainstream assets. Source: Arkham Multiple accounts that are highly related to the behavior of the main address of Wintermute were also active in the early days of Fartcoin's launch - from position building, market making, to arbitrage, all in one go. What's more worth mentioning is that in early 2025, Evgeny Gaevoy, founder of Wintermute, explained the hedging logic of Fartcoin OTC in an interview with Steady Lads (4:59), and admitted for the first time that he also holds Fartcoin, laughing at himself: "It's just that I'm still in a quilt state." Wintermute is in charge, no wonder Fartcoin's rise is so conspicuous and strong, and the trend is completely out of line with the market. According to statistics from top trader Eugene (known as "doves" in the circle), in the first quarter of 2025, most mainstream assets fell into a significant retracement: ETH fell by more than 46% year-to-date, SOL fell by 24%, and subdivisions such as AI, L1, DeFi, and Gaming were even more crimson, which was very tragic. And in this sea of blood, Fartcoin is the only green in the entire chart, with a 14.84% increase in the first quarter. Against the backdrop of many assets, Fartcoin is particularly eye-catching. Source: Eugene Not only did it rise in a bearish market, but the market improved in May, and Fartcoin's gains still led mainstream assets, rising by more than 50%, far exceeding Bitcoin's 23% in the same period. Wall Street talks about "fart" color change The popularity of Fartcoin does not stop at the cryptocurrency circle. What really makes it a phenomenon is not only the price itself rising against the trend, but also the breaking circle on Wall Street. "We are in the Fartcoin phase of the market cycle." These words come from David Einhorn, the Jewish billionaire who accurately predicted and shorted Lehman Brothers, and the founder of hedge fund Greenlight Capital. In a letter to investors in the fourth quarter of 2024, David Einhorn devoted an entire paragraph to analyzing the rise of Fartcoin, calling it "a product of pure speculative sentiment" and citing it alongside Petscom and Dogecoin as a typical representative of the financial bubble phenomenon. It is worth mentioning that David Einhorn is a Democrat and has taken short positions in two leveraged ETFs related to MicroStrategy, the largest corporate holder of Bitcoin. In David Einhorn's view, the name Fartcoin itself is a mocking meme coin with no intrinsic value, no landing application, and no substitution. He even said that instead of investing in Fartcoin, he would rather buy an abstract painting by Jackson Pollock, at least that painting "still has people willing to hang on the wall." But it is precisely because of his strong opposition in the letter that it seems all the more interesting. Because when a financial veteran known for his "rationality" and "value" starts making lengthy comments about a meme coin, you know that this is not an ordinary shitcoin. Owen Lamont, a researcher at Acadian Asset Management, expressed it more directly. In a report titled "The Fartcoin Phase of the Market," he wrote: "I don't agree with the statement that 'Fartcoin is useless'. Its purpose is to provoke those of us financiers who think we are doing serious work." Between the lines is full of anxiety about the irrationality of the market. He called this stage "Crypto-flatulent economics" and pointed out that Fartcoin did not fail, it hit the three new logics of the market - nihilism, attention economy, and naked stupidity. In his eyes, the core of Fartcoin's success is not technology, but communication power. It stimulates discussion, creates emotions, and forces everyone who is serious about the market to respond to it. Even if you just scold it, you have already fallen into its trap. "Fartcoin is the product of AI's precise manipulation of human brain circuits, and if you think it looks like a financial experiment designed by malicious AI, it's because it is." And if the above two are still with some anger and restraint, billionaire Cliff Asness's attitude is much more relaxed. The co-founder of AQR Capital and a rational representative of traditional finance, who has always been known for his calmness and factor modeling, suddenly let go of the "rational man hypothesis" when facing Fartcoin. He wrote on social media: "Ironically, Fartcoin is the only thing I don't doubt." In the context of that post at the time, it was a mild mockery of the absurdity of the entire market. In this tease, Fartcoin does not disguise itself as "fundamental" like other assets. It never claims to be some kind of innovative infrastructure, nor does it peddle any technological narrative, but rather sits nakedly, admitting that it is just an "emotional product". On the same day he finished saying this, Fartcoin took off again, and the rally quickly increased. What's even more intriguing is that Cliff Asness said a few months later: "Fartcoin's performance today and in the past month, I have to say, I may have to move further away from what Gene Fama taught me." (Gene Fama is the founder of the "efficient market hypothesis" and an academic mentor at Cliff Asness) Does Fartcoin also own MicroStrategy? This coin called "Fart" not only stands firmly above the market capitalization of one billion, but also has its own MicroStrategy - FartStrategy, just like Bitcoin. Yes, when even the "stalk" can copy the MicroStrategy model of "buying coins, buying coins again, and supporting market capitalization with positions", this absurd drama really fills in the last piece of the puzzle. Bloomberg's finance columnist Matt Levine didn't miss the show. Matt Levine is a Bloomberg columnist, former Goldman Sachs investment banker, and one of Wall Street's most popular financial commentators. His column, "Money Stuff," has been hailed as a "must-read every day," with readers covering the entire Wall Street elite, from SEC officials to hedge fund managers. In his 2025 column "Crypto Perpetual Motion Machines", he devoted a devoted section to analyzing FartStrategy and called it "the pinnacle of financial nihilism." The article begins with the words: "If you can package and sell air, then why can't it be Fartcoin?" The logic of FartStrategy's operation is very simple, even blatant: it is a DAO created specifically to buy Fartcoin, and its mission statement is, "The hot air will rise, and we will ride this hot current to create value for Fartcoin and $FSTR (FartStrategy's token) holders." Doesn't it sound a bit like "we don't produce content, we're just meme porters"? It has no profit model, no application landing, and no stability mechanism. It is just a transparent joke, dressed in the cloak of a smart contract, in the name of community voting, packaging "we intend to continue buying Fartcoin" as a "financial strategy". Even the official copy bluntly stated: "FartStrategy is an example of comedic absurdity, and holding it should not be expected to make any financial gain." Matt Levine compares it to a mirror derivative of MicroStrategy, which buys Bitcoin through continuous financing, inflating the company's valuation. The former, on the other hand, relies on the linkage between memes and DAOs to let the hot air self-pressurize, forming a "Fartcoin Flywheel", a financial perpetual motion machine that continues to rely on emotions. He described it as "a leveraged container with hot air as an asset", and when its market capitalization is higher than the total value of Fartcoin actually held, it sells $FSTR and buys more Fartcoin, completing the meme pixel-level closed loop. Fartcoin comes from the absurd and stands firm in chaos. According to data from Dune and BubbleMaps, from January 3 to May 9, 2025, Fartcoin's token structure is gradually expanding from the early large concentration to retail decentralization. In particular, from January to May this year, the growth slope of the purple zone (addresses holding less than $1,000) began to rise. At the same time, Fartcoin has also become one of the most active coins in terms of trading volume and liquidity in Binance's Alpha Zone. Fartcoin meme: My husband put a large part of his family fortune into a cryptocurrency token called Fartcoin, what should I do? From the beginning of the institution to the current chip dispersion. All seemingly rational financial narratives end up being revealed in Fartcoin's toilet humor. Fartcoin fits almost all our stereotypes of meme coins: funny names, no practical value, and all rely on language effects and social drive to become popular, even making traditional Wall Street investors feel unguarded. Original link

Can you imagine that a cryptocurrency with an absurd name and no application scenario has become one of the few mainstream coins that rose against the trend in the first quarter of this year? Even on Wall Street, traditional investors have broken their defenses. The co-founder of a16z retweeted its tweet, the hedge fund Sigil Fund was suspected of being tracked on-chain for early large purchases, market maker giant Wintermute included it in its core asset allocation, and the founder of Wintermute also publicly stated that he holds the token. This token is the Fartcoin that is "in the same school" as GOAT. The origin of Fartcoin is a conversation between artificial intelligence. In an AI agent model funded by a16z founder Marc Andreessen called "terminal of truths," a small talk about Musk "liking the sound of farts" triggered a chain reaction. The AI suggested, "Why don't we issue a coin called Fartcoin". Thus, Fartcoin was born on October 18, 2024. Born with a "golden finger" Fartcoin was born like the protagonist of a cool article with a golden finger, attracting a group of "fart lovers" in the currency circle to watch, seek and buy. On December 13, 2024, a teasing tweet about Fartcoin quickly went viral on X (formerly Twitter). What made this tweet out of the circle was not its outstanding, but its retweet: Marc Andreessen, co-founder of a16z. Although he did not explicitly say that he bought Fartcoin, for such a downright meme project, being publicly retweeted by one of the most iconic figures in the Silicon Valley venture capital world is already a "capital certification" and a "circle-breaking signal" in itself. Another more substantial signal comes from on-chain capital movements. Shortly after Fartcoin was launched, when its market capitalization was still below $100 million, some community members tracked it through on-chain addresses and found behavior trajectories highly similar to those of the veteran hedge fund Sigil Fund - multiple large purchases, active interactions, and early ambushes. Founded in 2018, Sigil Fund is a compliantly registered round-the-clock strategy fund initiated by a group of crypto OGs, known for its focus on speculative narrative-driven assets. Its founder, MrKvak, frequently expressed his interest in the AI meme track on social platforms at the end of 2024, and even retweeted a tweet about "does Sigil hold $30 million in Fartcoin" on December 13, although there was no positive response, but it was widely interpreted by the community as a "default entry". At the same time, multiple on-chain data cross-verification shows that multiple strategy pool addresses are extremely close to Sigil Fund, and frequent buying, locking, and Raydium liquidity allocation operations have been frequently carried out in the early stages of Fartcoin. Related reading "Digital Solution to Fartcoin's Billion Dollar Road: Institutional Early Layout May Be a Promoter, Cold Fermentation Mints the New King of MEME" In addition, there is a more active character - Wintermute, one of the largest market makers in the crypto market, who appeared in the front row of Fartcoin's positions early. According to on-chain data, Wintermute holds Fartcoin with 1.56% of the total supply, ranking fourth. In the asset allocation of its main address, Fartcoin ranks in the top five, even higher than some mainstream assets. Source: Arkham Multiple accounts that are highly related to the behavior of the main address of Wintermute were also active in the early days of Fartcoin's launch - from position building, market making, to arbitrage, all in one go. What's more worth mentioning is that in early 2025, Wintermute founder Evgeny Gaevoy explained the hedging logic of Fartcoin OTC in an interview with Steady Lads (4:59), and admitted for the first time that he also holds Fartcoin, and laughed at himself: "It's just that I'm still in a quilt state." Wintermute is in charge, no wonder Fartcoin's rise is so conspicuous and strong, and the trend is completely out of line with the market. According to statistics from top trader Eugene (known as "doves" in the circle), in the first quarter of 2025, most mainstream assets fell into a significant retracement: ETH fell by more than 46% year-to-date, SOL fell by 24%, and subdivisions such as AI, L1, DeFi, and Gaming were even more crimson, which was very tragic. And in this sea of blood, Fartcoin is the only green in the entire chart, with a 14.84% increase in the first quarter. Against the backdrop of many assets, Fartcoin is particularly eye-catching. Source: Eugene Not only did it rise in a bearish market, but the market improved in May, and Fartcoin's gains still led mainstream assets, rising by more than 50%, far exceeding Bitcoin's 23% in the same period. Wall Street talks about "fart" color change The popularity of Fartcoin does not stop at the cryptocurrency circle. What really makes it a phenomenon is not only the price itself rising against the trend, but also the breaking circle on Wall Street. "We are in the Fartcoin phase of the market cycle." These words come from David Einhorn, the Jewish billionaire who accurately predicted and shorted Lehman Brothers, and the founder of hedge fund Greenlight Capital. In a letter to investors in the fourth quarter of 2024, David Einhorn devoted an entire paragraph to analyzing the rise of Fartcoin, calling it "a product of pure speculative sentiment" and citing it alongside Petscom and Dogecoin as a typical representative of the financial bubble phenomenon. It is worth mentioning that David Einhorn is a Democrat and has taken short positions in two leveraged ETFs related to MicroStrategy, the largest corporate holder of Bitcoin. In David Einhorn's view, the name Fartcoin itself is a mocking meme coin with no intrinsic value, no landing application, and no substitution. He even said that instead of investing in Fartcoin, he would rather buy an abstract painting by Jackson Pollock, at least that painting "still has people willing to hang on the wall." But it is precisely because of his strong opposition in the letter that it seems all the more interesting. Because when a financial veteran known for his "rationality" and "value" starts making lengthy comments about a meme coin, you know that this is not an ordinary shitcoin. Owen Lamont, a researcher at Acadian Asset Management, expressed it more directly. In a report titled "The Fartcoin Phase of the Market," he wrote: "I don't agree with the statement that 'Fartcoin is useless'. Its purpose is to provoke those of us financiers who think we are doing serious work." Between the lines is full of anxiety about the irrationality of the market. He called this stage "Crypto-flatulent economics" and pointed out that Fartcoin did not fail, it hit the three new logics of the market - nihilism, attention economy, and naked stupidity. In his eyes, the core of Fartcoin's success is not technology, but communication power. It stimulates discussion, creates emotions, and forces everyone who is serious about the market to respond to it. Even if you just scold it, you have already fallen into its trap. "Fartcoin is the product of AI's precise manipulation of human brain circuits, and if you think it looks like a financial experiment designed by malicious AI, it's because it is." And if the above two are still with some anger and restraint, billionaire Cliff Asness's attitude is much more relaxed. The co-founder of AQR Capital and a rational representative of traditional finance, who has always been known for his calmness and factor modeling, suddenly let go of the "rational man hypothesis" when facing Fartcoin. He wrote on social media: "Ironically, Fartcoin is the only thing I don't doubt." In the context of that post at the time, it was a mild mockery of the absurdity of the entire market. In this tease, Fartcoin does not disguise itself as "fundamental" like other assets. It never claims to be some kind of innovative infrastructure, nor does it peddle any technological narrative, but rather sits nakedly, admitting that it is just an "emotional product". On the same day he finished saying this, Fartcoin took off again, and the rally quickly increased. What's even more intriguing is that Cliff Asness said a few months later: "Fartcoin's performance today and in the past month, I have to say, I may have to move further away from what Gene Fama taught me." (Gene Fama is the founder of the "efficient market hypothesis" and an academic mentor at Cliff Asness) Does Fartcoin also own MicroStrategy? This coin called "Fart" not only stands firmly above the market capitalization of one billion, but also has its own MicroStrategy - FartStrategy, just like Bitcoin. Yes, when even the "stalk" can copy the MicroStrategy model of "buying coins, buying coins again, and supporting market capitalization with positions", this absurd drama really fills in the last piece of the puzzle. Bloomberg's finance columnist Matt Levine didn't miss the show. Matt Levine is a Bloomberg columnist, former Goldman Sachs investment banker, and one of Wall Street's most popular financial commentators. His column, "Money Stuff," has been hailed as a "must-read every day," with readers covering the entire Wall Street elite, from SEC officials to hedge fund managers. In his 2025 column "Crypto Perpetual Motion Machines", he devoted a devoted section to analyzing FartStrategy and called it "the pinnacle of financial nihilism." The article begins with the words: "If you can package and sell air, then why can't it be Fartcoin?" The logic of FartStrategy's operation is very simple, even blatant: it is a DAO created specifically to buy Fartcoin, and its mission statement is, "The hot air will rise, and we will ride this hot current to create value for Fartcoin and $FSTR (FartStrategy's token) holders." Doesn't it sound a bit like "we don't produce content, we're just meme porters"? It has no profit model, no application landing, and no stability mechanism. It is just a transparent joke, dressed in the cloak of a smart contract, in the name of community voting, packaging "we intend to continue buying Fartcoin" as a "financial strategy". Even the official copy bluntly stated: "FartStrategy is an example of comedic absurdity, and holding it should not be expected to make any financial gain." Matt Levine compares it to a mirror derivative of MicroStrategy, which buys Bitcoin through continuous financing, inflating the company's valuation. The former, on the other hand, relies on the linkage between memes and DAOs to let the hot air self-pressurize, forming a "Fartcoin Flywheel", a financial perpetual motion machine that continues to rely on emotions. He described it as "a leveraged container with hot air as an asset", and when its market capitalization is higher than the total value of Fartcoin actually held, it sells $FSTR and buys more Fartcoin, completing the meme pixel-level closed loop. Fartcoin comes from the absurd and stands firm in chaos. According to data from Dune and BubbleMaps, from January 3 to May 9, 2025, Fartcoin's token structure is gradually expanding from the early large concentration to retail decentralization. In particular, from January to May this year, the growth slope of the purple zone (addresses holding less than $1,000) began to rise. At the same time, Fartcoin has also become one of the most active coins in terms of trading volume and liquidity in Binance's Alpha Zone. Fartcoin meme: My husband put a large part of his family fortune into a cryptocurrency token called Fartcoin, what should I do? From the beginning of the institution to the current chip dispersion. All seemingly rational financial narratives end up being revealed in Fartcoin's toilet humor. Fartcoin fits almost all our stereotypes of meme coins: funny names, no practical value, and all rely on language effects and social drive to become popular, even making traditional Wall Street investors feel unguarded.