Crypto traders are leaning into absurdity during a time of tariff volatility and broader market uncertainty, catalyzing the recent surge around Fartcoin and other Solana-based meme coins inspired by topics like flatulence and anatomical features.
Fartcoin is up 30% in the last 24 hours to $0.96, marking a 97% gain in the last seven days and nearly 250% jump in the last 30 days, according to CoinGecko.
During a time when major coins have taken hard hits and some remain well down—Ethereum is down 13% on the week—why is Fartcoin resonating with traders? There may be comfort in nonsense, or at least in meme coins that previously skyrocketed and now are doing so yet again.