SKELLIEN

It started off as a funny $GOAT beta play, but it's morphed into a thing of its own. I'm pretty convinced that Fartcoin can be a cycle play and go to stupid valuations; I shared this idea in my TG channel a few days ago; What do I mean by cycle play? It's basically one of those tokens that keeps running throughout the bull market and you regret selling any of it too early Every single wave up so far has further distributed the holder base and brought in smarter money that realized they needed to accumulate this; So far we've had 3 main phases: 0 -> 80M 20M -> 400M 200M -> ???bn --- TL;DR: Here's what Fartcoin currently has going for it: - part of the ai x memecoin meta - impressive lore with strong ties to the first mover in the meta @truth_terminal - simple & funny concept that is extremely easy to meme - understandable & relatable to everyone - extremely solid fundamentals (chart, holders, mindshare, onchain volume) - memecoin purity (no team, no devs, no tg groups, no whale chats, no promises, just a meme) - extremely culty community (just scroll on X) - free attention from media & sideliners And here's what it doesn't yet have: - any notable CEX listings - big accounts bullposting it (though this has started to happen) --- The Lore Fartcoin was conceived as an idea by @truth_terminal (ToT) in its backrooms conversation experiment - @truth_terminal's core mandate involves telling fart jokes, which is why you keep seeing those pop up from him on the timeline - ToT also got sent 2% of the Fartcoin supply early on, which quickly then made him the first AI millionaire --- Fundamentals This piece would probably get very long if I went in depth on these, so will just touch on the main points: - you've all seen the chart, an absolute beauty (won't post it here since I'm limited to 4 pics per thread) - consistently between 30-50M onchain daily volume in the last week (more than $GOAT, though that has a few spot listings) - holder stats are in line or better than all other top mc ai memecoins; just a steady grind up - mindshare-wise, here are Fartcoin's rankings as per @_kaitoai on several timeframes: Memes Mindshare: 30D - 10th (2.88%) - 5 of the memes ahead are >1bn 7D - 7th (3.43%) 48h - 4th (4.72%) 24h - 4th (6.38%) Overall Crypto Mindshare: 30D - not top 20 7D - 13th (0.75%) 48h - 11th (0.85%) 24h - 8th (1.09%) --- Memecoin Purity This tbh is a huge one that @dipwheeler pointed out; There is no team behind this, no socials, no website, no art, no tg group, no dev to FUD... It's quite simply, just a memecoin. The fact that there's no tg community makes it even better - we are all vibing on the timeline, which constantly reinforces Fartcoin's mindshare and brings new ppl into our growing cult; (it's also extremely funny to partake in this) I do suspect though there are some big players accumulating and influencing the chart, which is the perfect add-on to the above since the token can probably get listed on T1 CEXs. --- Cult-like Community It doesn't take much going through the timeline to see the fartcoin posts - it's very culty (and hilarious) you have a number of accounts who have been bullposting it since inception/ or joined on the 2 big drawdowns: - @gajria (shared it publicly at 30k mc) - @dipwheeler (son of Bum Farto, aka Fartcoin GCR) - @__bleeker (insane conviction since day 1) - @d_gilz - @blknoiz06 - @gammichan - @DegenSensei - @levels_crypto - @penguin_curator - @juulguycrypto - @Agonybeard - @alphawifhat (joined on the 20M dip) - @ReetikaTrades - @docXBT - @Pool2Paulie - @Pickle_cRypto - @Ritesh_Trades - @dogoshii - @PC_PR1NCIPAL (hope i'm not forgetting anyone) But recently, more and more notable (outside of the CT bubble) ppl keep bullposting it: - CEO of @Stocktwits (also Robinhood seed investor👀) 10M @Stocktwits users can now buy memecoins with 1 click: nitter.gq/joemccann/status/18593… He was also jokingly tweeting about wanting Fartcoin quarterly earnings If he's a holder and shills this to tradfi folks, now they also have a super easy route to buy it (obv speculative, but the guy clearly loves this coin) - @AndreasSteno (macro investor and @RealVision host) I'm pretty sure there are others who are holding it as the mindshare and price go up; Which brings me to my next point --- Free Attention + Headlines Everyone has consistently thought about this: Imagine when millionaires are minted from Fartcoin It's the perfect headline for media publications to run on; We had a Messari research report on the memecoin mania that chose Fartcoin as its prime example of how insane this current run is Fartcoin is the type of asset that will get more and more attention the higher the price goes; It will also generate a lot of cope from ppl who mid-curve it; - have heard a lot of anecdotes of normies going onto Moonshot, scrolling through the list of tokens and buying Fartcoin bc it sounds funny - met with a normie friend last week, told her about memecoins, she asked what I'm looking at, I said Fartcoin, she couldn't stop laughing for 2 mins while cracking fartcoin jokes - ppl who manage to right curve this find it funny, but they also realize the virality this can achieve; it's so simple and dumb, yet it's reaching escape velocity What happens if this reaches billions, is making headlines everywhere - there is potential for an @elonmusk interaction (he loves fart jokes, Teslas have like 8 different fart sounds they can make) To conclude, if you want to go full left curve, the thesis is simple: There are 8bn+ ppl in the world and they all fart 💨