The flatulence-themed token Fartcoin (Fartcoin), once the beloved of Solanamemme Coin Madness, fell nearly 28% last week, with its current price below $0.61, over 75% of its January peak of $2.48.
There are countless predictors of the continuous downward spiral of tokens. There is little hope for something new It’s the best ever before the end of the yearstanding at just 20.5%, supporting Memecoin’s large-scale run at the end of the year. The current record is $2.61.
This represents a swing of around 14% since the market opened on September 11th, and the predictor gave the token this year with a 33% chance of reaching a new high mark. (Disclaimer: Myriad is a product DecryptionParent company, Dastan. )
Inspired by comments from AI Agents and Social Media Personality True TerminalFartcoin debuted through the popular Solana Token Launchpad pump.fun October 2024. Just a few months later, the absurdity permeated the crypto market and traditional media. This includes references to the Emmy Award-winning late-night talk show, The Late Show with Stephen Colbert.
After crashing into gas in the month following Colbert’s mention, Fartcoin reached an all-time high on the same day as Solana’s own current peak in January, in conjunction with President Donald Trump’s launch Official Meme Coin It will be launched on the blockchain.
Since then, it has fallen to around 75%, losing almost all of its crypto mindshare, according to data analytics platform Cookie.fun. The platform analyzes activity on the chain and social media sentiment to derive mindshare metrics that show how much talk it’s generating among crypto enthusiasts. At that peak, the mind share was large at 2%, and that number is now at 0.39%.
This week’s slide has pushed Fartcoin’s recent charge to nearly 38% in the last 30 days.
The overall coins in memes have dropped significantly, and according to Coingecko alone, the category has dropped by 7.6% in the last 24 hours alone, and has been pulled down by underperformers like Penguin’s Penguin’s Penguin’s Penguin’s Pump Token, Pump. Fun’s Pump Token and Mogcoin (Mog). Last week, major meme coin indge coins (DOGE) fell 11%.
