FARTCOIN Price Live Data

As of Dec 26, 2024, today’s global cryptocurrency market cap is ₹290.47T with a - 0.79% change in the last 24 hours. Today's price of Fartcoin is ₹83.73, with a 24-hour trading volume of ₹12.34B. Besides, today’s market cap of Fartcoin ₹82.79B, with a circulating supply of 999.99M, fully diluted value is  ₹5.47B and a maximum supply of 999.99M Fartcoin. It has an all-time high of ₹110.64 (-17.57%) recorded on Dec 20, 2024, and its all-time low was ₹0.0004028 (+22638921.88%), recorded on Oct 18, 2024. Easily buy and trade Fartcoin/INR tokens on SunCrypto, India's most secure and user-friendly cryptocurrency exchange, trusted by millions for their crypto trading needs! 

Fartcoin (FARTCOIN) is a meme-based cryptocurrency that has garnered significant attention within the crypto community. Launched in 2024, it combines humour with blockchain technology, aiming to engage users through its unique concept and community-driven initiatives.

Who is the Founder of FARTCOIN?

The specific details regarding the creator(s) of Fartcoin remain largely undisclosed. The project appears to be community-driven, aligning with the decentralized and open-source nature of many meme coins. 

What is the Price History of FARTCOIN?

1. Launch (October 2024): Fartcoin was introduced to the market for $0.000054723.

2. Rapid Growth (December 2024): Within two months, Fartcoin experienced a meteoric rise, reaching an all-time high of $1.30 on December 20, 2024, achieving a market capitalization of $1 billion.

3. Current Status (December 26, 2024): As of December 26, 2024, Fartcoin is trading at approximately $0.9926, with a 24-hour trading volume of $143.5 million.

What are the major Applications of FARTCOIN?

1. Meme Culture Engagement: Fartcoin allows users to submit fart jokes or memes to claim initial tokens, fostering a community centered around humor.

2. Digital Collectibles: Potential integration with Non-Fungible Tokens (NFTs) to create and trade unique digital assets themed around the Fartcoin brand.

3. Community Incentives: Rewarding active participants and contributors within the Fartcoin ecosystem to encourage growth and engagement.

What are the Use Cases of FARTCOIN?

1. Entertainment Ecosystem: Fartcoin is designed to be a playful currency for entertainment-based transactions and rewards within its community.

2. NFT Marketplaces: Facilitates the creation, buying, and selling of NFTs that align with its humorous and meme-oriented culture.

3. Gamification: Powers reward systems in games or platforms that incorporate Fartcoin for in-game purchases or achievements.

4. Community-Driven Donations: Enables crowdfunding or donations within the community for humor-based initiatives or events.

What is the Blockchain Infrastructure for FARTCOIN?

1. Underlying Technology: Fartcoin is built on the Solana blockchain, known for its high throughput and low transaction costs.

2. Consensus Mechanism: Utilizes Solana's Proof of History (PoH) combined with Proof of Stake (PoS) to achieve consensus, ensuring fast and secure transactions.

3. Smart Contract Capability: Supports the development of decentralized applications (dApps) and smart contracts, enabling a range of functionalities within the Fartcoin ecosystem.

What is the Tokenomics of FARTCOIN?

1. Total Supply: 1 billion FARTCOIN tokens.

2. Distribution:

1. Community Rewards: A portion allocated to incentivize user engagement and participation.

2. Development Fund: Reserved for ongoing project development and ecosystem growth.

3. Marketing and Partnerships: Allocated to promote Fartcoin and establish strategic collaborations.

3. Transaction Fees: Fartcoin features a unique "Gas Fee" system where each transaction produces a digital fart sound, adding a humorous element to user interactions.
   
   

What are the Challenges of FARTCOIN?

1. Market Volatility: As with many meme-based cryptocurrencies, Fartcoin's price is subject to significant fluctuations, influenced by market sentiment and speculative trading.

2. Regulatory Scrutiny: The evolving regulatory landscape for cryptocurrencies poses potential challenges for Fartcoin's adoption and legitimacy.

3. Sustainability: Ensuring long-term viability beyond initial hype requires continuous development, community engagement, and real-world utility.

And finally…

Fartcoin exemplifies the dynamic and often unpredictable nature of meme-based cryptocurrencies. Its rapid ascent to a billion-dollar market cap underscores the influence of community engagement and viral appeal in the digital asset space. However, sustaining this momentum will depend on addressing inherent challenges and delivering tangible value to its user base.

To learn more about cryptocurrencies like FARTCOIN tokens, visit SunCrypto Coin Analysis.