Fartcoin Surges Toward $1B Valuation as Smart Money Piles In

In the constantly changing realm of memecoins, one token is demonstrating that it is no laughing matter. Fartcoin , a Solana-based memecoin with the handle @FartCoinOfSOL, is once again making a splash as it approaches a remarkable $1 billion fully diluted valuation (FDV). Once dismissed as just another fleeting crypto joke, Fartcoin is now tops not only in audacity (obviously) but in leading the pack in price performance and getting the most attention from investors. And what kind of investors are giving it attention? Well, the kind that are not exactly stupid with their money. Fartcoin, quite clearly, is winning the confidence game. In the past day, Fartcoin has emerged as the most acquired token by smart money wallets, according to on-chain analytics platforms. This surge in tactical accumulation comes as the Fartcoin price is steadily rising and its visibility is increasing, thanks to an outspoken and exceptionally engaged community across all of crypto Twitter and Telegram. #FARTCOIN @FartCoinOfSOL is the most bought token by smart money in the last 24 hours pic.twitter.com/zMX8wkuCZ2 — Stalkchain (@StalkHQ) April 16, 2025 Whale Activity and Speculation Fuel the Rally The most recent surge in investor interest seems to be driven by a huge buyback from one of the largest holders of the coin. On-chain data reveals that a notorious whale — already known for previous Fartcoin trades — invested around $9.97 million yesterday to buy back 11.21 million Fartcoin tokens. He repurchased the tokens at an average price of about $0.89 per token. A whale spent $9.97M to buy back 11.21M $Fartcoin at ~$0.89 eight hours ago. Previously, the whale spent $8.15M to buy 13.39M $Fartcoin at ~$0.61, then sold at ~$0.86 — making a ~$3.33M profit. https://t.co/QRigNnNgpH pic.twitter.com/gGvkn6A1FT — Lookonchain (@lookonchain) April 16, 2025 This action is particularly significant in light of the same whale’s previous activities. In the weeks prior to this move, they’d dropped $8.15 million to acquire a whopping 13.39 million Fartcoin tokens at a nice entry point of around $0.61. Shortly after this purchase, they sold those tokens at around $0.86, netting them a profit of approximately $3.33 million. The same whale re-entered the market when Fartcoin was trading at around $1.13. Their decision to plow even more money back into the token when it was trading significantly higher than their previous entry point certainly suggests they have strong conviction in the token’s potential. Even more provocative, a brand new wallet has sparked some buzz by boldly entering the Fartcoin market. This wallet acquired 1.06 million tokens for $1 million worth of USDC, essentially divvying up its spent cash at about 94 cents (or one-tenth a dollar) per Fartcoin. If not some kind of sophisticated rib, the purchase may indeed suggest a new line of funding for an asset with little to no track record. Market bleeding red, but $Fartcoin is pumping against the tide. A newly created wallet spent 1M $USDC to buy 1.06M $Fartcoin at $0.944 an hour ago. https://t.co/wcmCXfFvYD pic.twitter.com/MqM7EivyoX — Lookonchain (@lookonchain) April 16, 2025 $1 Billion in Sight? Polymarket Predicts High Odds Fartcoin isn’t, uh, farted on by just the blockchain or trading platforms. No, Polymarket—a site where crypto enthusiasts wager on the likelihood of future events—has a healthy amount of air with which to blow Fartcoin up, and it does so with gusto. NEW: Fartcoin rises, approaches $1b FDV. 78% chance it hits $1b before July. https://t.co/3DQZGbQukE — Polymarket (@Polymarket) April 16, 2025 According to Polymarket, Fartcoin has a 78 percent chance of hitting a $1 billion market cap this summer. And the site is, shall we say, pretty confident in that assessment. What does that mean? A few things, really. For one, it means that Fartcoin might be a little less of a joke than you, or I, or even the developers of Fartcoin, might have thought. Context: Hitting a $1 billion FDV puts Fartcoin in the upper tier of memecoins — up there with BONK and PEPE, and almost on the level of Dogecoin and Shiba Inu. Why? Because it is far outpacing those two inflow and engagement metrics, and traders are beginning to see it as not just a potential but a likely outcome. Is Fartcoin the Face of a New Memecoin Era? Fartcoin may be the start of a new era for memecoins, where the branding is no longer just a lucrative viral punchline. People are actually trading the thing, giving it real value and serious liquidity; there are even signs of tentacles of Fartcoin infiltration into the very heart of the financial underbelly. This is not, however, a chapter that ends with Fartcoin or even sidesteps into a world of pseudo-memecoins. No, Fartcoin is making its way into realms far removed from the laugh factories (or tweet factories) it once called home. Fartcoin, like all memecoins, is a high-risk, high-reward asset. You know you can’t be serious even saying that, right? But that’s the joke, and when it comes to Fartcoin, punching down makes for a particularly ropy kind of humor. After all, this digital fart is a direct rip-off of that other flatulent crypto, Dogecoin, which itself is already a pretty low form of humor. But Fartcoin is succeeding in a pretty remarkable way. The inquiry we are on now is: how far can a fart truly travel? If the past day is any indication, the response might be further than anyone ever anticipated. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

Source: NullTx