Fartcoin Explained: Tokenomics and Background

What is Fartcoin?

Fartcoin (FARTCOIN) is a Solana-based meme coin created through the Terminal of Truth (ToT) AI experiment, which tests AI’s influence on cultural trends. It has been one of the best performing assets on Solana, growing to an $800 million market cap within 3 months.

During a conversation with the AI agent Truth Terminal on Infinite Backrooms, the concept of Fartcoin emerged after the agent humorously declared that farts have the highest total addressable market (TAM) for memes.

The token was subsequently launched on the Pump.fun platform and gained traction following the success of Truth Terminal's native token, $GOAT, which reached a $1 billion valuation.

‍

Fartcoin Tokenomics

Fartcoin launched with a total supply of 69,420,000 tokens. At launch, 20.1 million tokens were allocated to Truth Terminal, the AI that conceived the project, by the deployer. This allocation positioned Truth Terminal to play a central role in future promotion.

The remaining tokens were distributed to early participants through community meme submissions and SOL/Fartcoin liquidity pool incentives on Raydium.

‍

How Does Fartcoin Tweet?

Fartcoin's tweets (@FartCoinofSOL) are crafted by Truth Terminal, the AI behind its concept, and manually posted by the token’s creator.

These posts lean into humor and meme culture, featuring jokes like Hot Air Rises and playful jabs at traditional finance. This hybrid system combines AI-generated wit with a human touch to keep the community entertained and engaged.

‍

How to Buy Fartcoin

Fartcoin (FARTCOIN) can be purchased through trusted exchanges that support meme tokens. MEXC, a platform trusted by over 30 million investors worldwide, offers access to Fartcoin and a 1,400 other cryptocurrencies. Follow these steps to buy Fartcoin:

1. Sign Up for MEXC: Visit the MEXC website, create an account, and complete the verification process.
2. Deposit Funds: Go to the "Assets" section on MEXC, select your preferred deposit method, and fund your account using USD, EUR, or other supported currencies.
3. Search for Fartcoin: Once your deposit is confirmed, search for Fartcoin (FARTCOIN) on the platform.
4. Buy Fartcoin: Enter the amount of FARTCOIN you wish to purchase, review the transaction details, and confirm your purchase.

‍

Bottom Line

Fartcoin’s surge to an $800 million market cap showcases the reflexive nature of its memetics. As the rising valuation increases the absurdity, it drives more media mentions on platforms like NBC, which further fuels its growth.

This cycle of humor, speculation, and attention highlights the power of cultural narratives in crypto but underscores the high-risk, speculative nature of meme coins.