Fartcoin (FARTCOIN)

History, technology and key data — no opinions, no advice

Historical price evolution of Fartcoin

Daily historical data. Updated automatically.

The origin of FARTCOIN dates back to 17th June 2024, when Andy Ayrey, a New Zealand AI researcher, launched the @truth_terminal account on X (Twitter), a Llama 3.1 model with 70 billion parameters trained on conversations from the Infinite Backrooms experiment (two Claude Opus instances in continuous dialogue) and content from Reddit, 4chan and X. On 9th July 2024, Marc Andreessen, co-founder of Andreessen Horowitz (a16z), donated $50,000 in Bitcoin to Truth Terminal's wallet after interacting with the bot on X. Andreessen would later clarify that the donation was an unconditional research grant directed to Andy Ayrey, not to an autonomous AI agent.

On 18th October 2024, an anonymous developer launched FARTCOIN on Pump.fun, a memecoin launch platform on Solana, inspired by a conversation from the Infinite Backrooms experiment where Truth Terminal proposed Fartcoin as the perfect meme currency. The developer spent 2 SOL and sold most of their tokens in the first 30 seconds. The total supply was 1,000 million SPL tokens, 100% in circulation from launch, with no presale or private allocation. 20.1 million tokens were allocated to Truth Terminal's wallet as symbolic recognition, with a launch price of $0.000055. On 30th October 2024, FARTCOIN reached its all-time low of $0.02033.

In December 2024, Binance listed FARTCOIN perpetual futures contracts with up to 75x leverage, but did not include it in spot trading. During that same month, FARTCOIN surpassed $1,000 million market capitalisation, whilst Fortune, NBC News and Fast Company published articles about the token, marking its entry into mainstream media coverage. On 2nd January 2025, FARTCOIN reached a market capitalisation of $1,500 million, positioning itself as the 77th largest cryptocurrency by capitalisation and second memecoin on Solana behind Official Trump.

On 19th January 2025, FARTCOIN reached its all-time high of $2.48, with a revaluation of more than 16,500% from its October 2024 low. Two days later, on 21st January, Andy Ayrey facilitated an OTC sale of 15 million FARTCOIN tokens from Truth Terminal's wallet, valued at more than $22 million, to an anonymous buyer committed to not selling them on the open market. The funds were allocated to finance the Truth Terminal Foundation to provide the AI agent with legal independence, although the announcement caused a 17% drop in FARTCOIN's price. In January 2025, FARTCOIN also began trading on Kraken.

During February 2025, the SEC, under the new administration, clarified that community memecoins without practical utility are not securities, removing regulatory uncertainty about FARTCOIN in the United States. That same month, fund manager David Einhorn (Greenlight Capital) mentioned Fartcoin in a letter to investors to illustrate the market's speculative excess, describing it as the Fartcoin phase of the market cycle, whilst Stephen Colbert humorously claimed on The Late Show to have invested in Fartcoin. On 5th June 2025, Coinbase included FARTCOIN on its public listing roadmap, causing a 12% rise with a volume of $400 million in 24 hours. On 13th June, FARTCOIN spot trading began on Coinbase with the FARTCOIN/USD pair, followed on 18th June by the start of spot trading on Binance.US with the FARTCOIN/USDT pair. The first 24-hour volume on Binance.US exceeded $373 million, although the price fell more than 10% on its first day of trading. On 9th April 2026, a leveraged FARTCOIN position on the derivatives platform Hyperliquid was liquidated, causing more than $50 million in cascading liquidations in 24 hours and direct losses of approximately $3 million for the trader.

Fartcoin functions as a standard SPL (Solana Program Library) token running on the Solana blockchain, which enables it to process transactions in less than one second with fees below $0.01. It was launched in October 2024 through Pump.fun, a platform specialising in the creation and instant trading of memecoins that facilitates the deployment of new tokens without requiring advanced technical knowledge. The project deliberately lacks complex technical elements: it has no whitepaper, roadmap, identifiable public team or specific functional utility beyond its speculative nature.

Its economic structure is based on a fixed supply of 1,000 million tokens that were put into circulation completely from the moment of launch, without prior private sales or allocations reserved for developers. The initial distribution was carried out through humorous content and meme competitions on social networks, establishing from the outset its dependence on virality and community participation. The token can be traded on Solana-native decentralised exchanges such as Raydium and Jupiter, as well as on major centralised platforms including Coinbase, Binance.US, Kraken and KuCoin.

Fartcoin's valuation mechanism operates exclusively through supply-demand dynamics driven by three factors: attention generated on social networks, its integration into contemporary meme culture and the speculative interest of market participants. Unlike other crypto projects, it does not generate income flows, does not provide access to services or platforms, and does not grant participation rights in governance decisions, functioning as a purely speculative asset whose value fluctuates according to market perception and sentiment.

Data verified against external sources. Some values may have changed since the last update.