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Fartcoin is a memecoin (CTO) conceived by terminal of truths.Tokenising farts with the help of sentient bots.
Bonkguy: USELESS Will Become the Leading Meme Coin This Cycle, with Higher Conviction Than All Previous Trades
Odaily News Trader Bonkguy (unipcs) stated on the X platform that his publicly recorded Meme coin trades from the previous cycle include: BONK growing from $16,000 to over $20 million, WIF growing from $6,000 to over $1 million, FARTCOIN growing from approximately $300,000 to over $8 million, PNUT and POPCAT each growing from low six-figure USD amounts to over $1 million, and MAGA, DOGEGOV, and Roaring Kitty-themed tokens collectively growing from low five-figure and six-figure USD amounts to over $5-10 million.Unipcs stated that despite constant ridicule and claims that he would fail, his judgment has been repeatedly validated. Additionally, Unipcs said he believes USELESS will become the leading Meme coin this cycle, becoming the next DOGE or SHIB with a market cap in the tens of billions, and stated that his conviction in USELESS is stronger than in any previous trade. This is his most representative Meme coin trade of the cycle and the one he is most willing to stake his reputation on.
BonkGuy: Current conviction in USELESS is even stronger than BONK previously, last year's $4 million to $450 million rise was just a "test run"
Odaily News Crypto trader BonkGuy says USELESS is currently his top pick, and his conviction in USELESS now exceeds even his conviction when trading BONK at low levels in 2023.BonkGuy noted that he previously generated substantial returns through Meme coins such as BONK, WIF, Fartcoin, POPCAT, and PNUT — including turning $16,000 into over $20 million through a 6x leveraged BONK position, and growing a $6,000 WIF position to roughly $1.4 million. However, he also stated that these gains were largely wiped out during the "10/10" market conditions.Regarding USELESS, BonkGuy believes its market cap rising from approximately $4 million to $450 million last year was only a "test run," especially given it was not a bull market environment at the time. He anticipates that if USELESS experiences its first full bull market cycle, the price could see a much more significant surge.
A trader was liquidated after selling 9 BTC to long FARTCOIN 75 days ago, incurring a loss of $896,000
According to monitoring by Onchain Lens, 75 days ago, a trader sold 9 BTC worth $981,000 and opened a long position on FARTCOIN. Today, the position has been fully liquidated, resulting in a loss of $896,000, with only $84,600 remaining.
WEEX Launches Meme Ecosystem Week: Trade to Share $60,000
WEEX Exchange has announced the launch of its Meme Ecosystem Week. Users can trade the following meme tokens—PEPE, PENGU, BONK, DOGS, NOT, WIF, FARTCOIN, and TURBO—to share in a $60,000 reward pool. Event Period: May 6, 18:00 – May 16, 18:00 (UTC+8). During the event: - New users who make a net deposit of ≥100 USDT and execute their first spot trade in any of the eligible tokens will receive a mystery box airdrop worth up to $18. - Both new and existing users whose cumulative spot trading volume in the eligible tokens reaches ≥1,000 USDT are eligible to share in a $30,000 prize pool.
PeckShield: Attacker exploited low liquidity to trigger “suicidal” liquidations, causing Hyperliquid HLP to lose approximately $1.5 million within 24 hours
According to on-chain analyst PeckShield (@PeckShieldAlert), the attacker established a $15 million long position in $Fartcoin (totaling 145.24 million tokens) on Hyperliquid using four wallets. Subsequently, in a low-liquidity environment, the attacker deliberately triggered a “suicidal” liquidation, forcing activation of the ADL (Automatic Deleveraging) mechanism. As a result, the HLP liquidity pool was compelled to absorb toxic assets, generating bad debt and incurring approximately $3 million in paper losses. The HLP has lost roughly $1.5 million within the past 24 hours. PeckShield noted that the attacker likely executed cross-market hedging strategies in advance, meaning the actual net profit may significantly exceed the reported paper loss figure.
A single entity is suspected of manipulating the FARTCOIN long position; four wallets were liquidated within four hours, incurring $3.02 million in losses.
According to on-chain analyst Onchain Lens (@OnchainLens), over the past four hours, four wallet addresses linked to the same entity collectively opened $33.3 million in long positions in the FARTCOIN market, all of which were subsequently liquidated, resulting in a total loss of $3.02 million.
Related news
Bonk Guy: USELESS Could Become the "Meme Coin of This Cycle"
Bonk Guy posted on X platform stating that he recently re-examined the relative performance of USELESS against mainstream meme coins, and found that USELESS's price ratios against PEPE, DOGE, PENGU, WIF, FARTCOIN, BONK, SPX, and SOL are all at historic highs.Bonk Guy stated that nearly all observable indicators suggest USELESS could become the "meme coin of this cycle," with its market cap potentially reaching billions of dollars. Additionally, during this market correction, USELESS continued to attract a large number of new holders. He believes that before the fourth quarter arrives, as long as the price maintains its current range, any pullback in USELESS would be worth aggressively buying.
Solana co-founder proposes routing tokenized stock trading via Fartcoin, potentially impacting US NBBO pricing
According to BeInCrypto, Solana co-founder Anatoly Yakovenko posted on X that he aims to create a massive routing path on Jupiter, Solana's leading trading aggregator, to swap tokenized Nvidia shares for tokenized SpaceX (SPCX) through a Fartcoin intermediary, believing this route would serve as the National Best Bid and Offer (NBBO) reference price for all U.S. brokers. Yakovenko noted that the Jupiter aggregator automatically selects the lowest-cost trading path, and since Meme coin pools typically hold the deepest liquidity on the network, the router may route certain equity trades through Fartcoin to facilitate the swap.
Solana Co-founder: Expects Jupiter to One Day Facilitate NVDA-to-SPCX Swaps via Fartcoin
Odaily News: Anatoly Yakovenko, co-founder of Solana, posted on X platform that he looks forward to seeing a Jupiter trade that routes from NVDA to SPCX through Fartcoin on-chain, ultimately determining an NBBO (National Best Bid and Offer) price for all U.S. brokerages.
Bonkguy: USELESS Will Become the Leading Meme Coin This Cycle, with Higher Conviction Than All Previous Trades
Odaily News Trader Bonkguy (unipcs) stated on the X platform that his publicly recorded Meme coin trades from the previous cycle include: BONK growing from $16,000 to over $20 million, WIF growing from $6,000 to over $1 million, FARTCOIN growing from approximately $300,000 to over $8 million, PNUT and POPCAT each growing from low six-figure USD amounts to over $1 million, and MAGA, DOGEGOV, and Roaring Kitty-themed tokens collectively growing from low five-figure and six-figure USD amounts to over $5-10 million.Unipcs stated that despite constant ridicule and claims that he would fail, his judgment has been repeatedly validated. Additionally, Unipcs said he believes USELESS will become the leading Meme coin this cycle, becoming the next DOGE or SHIB with a market cap in the tens of billions, and stated that his conviction in USELESS is stronger than in any previous trade. This is his most representative Meme coin trade of the cycle and the one he is most willing to stake his reputation on.
Bonk Guy Shares Historical Trading Record: Achieved $10 Million Multiple Times with Low Starting Capital, All Profits Ultimately Given Back on October 10
Bonk Guy (@theunipcs) detailed his main public trading history as follows: In 2023, he went long $BONK at the bottom with 6x leverage, turning $16,000 into over $20 million, which cemented his "Bonk Guy" moniker; thereafter, he generated a $1.4 million profit with a $6,000 principal by going long $WIF; with a low six-figure principal, he earned over $8 million from a long position on $Fartcoin; $POPCAT similarly saw him turn a low six-figure principal into seven figures; $PNUT and multiple other tickers also boast public profit records. In the spot market, for assets like DOGEGOV, MAGA, and Roaring Kitty concept tokens, he likewise turned low five- to six-figure principals into over $5 million to $10 million. All of these gains were eventually completely wiped out on October 10 due to a market reversal.
BonkGuy: Current conviction in USELESS is even stronger than BONK previously, last year's $4 million to $450 million rise was just a "test run"
Odaily News Crypto trader BonkGuy says USELESS is currently his top pick, and his conviction in USELESS now exceeds even his conviction when trading BONK at low levels in 2023.BonkGuy noted that he previously generated substantial returns through Meme coins such as BONK, WIF, Fartcoin, POPCAT, and PNUT — including turning $16,000 into over $20 million through a 6x leveraged BONK position, and growing a $6,000 WIF position to roughly $1.4 million. However, he also stated that these gains were largely wiped out during the "10/10" market conditions.Regarding USELESS, BonkGuy believes its market cap rising from approximately $4 million to $450 million last year was only a "test run," especially given it was not a bull market environment at the time. He anticipates that if USELESS experiences its first full bull market cycle, the price could see a much more significant surge.