Fartcoin
FARTCOIN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
FARTCOIN (Fartcoin) is a Solana-based memecoin launched on Pump.fun associated with the AI-agent narrative (Terminal of Truths). The project demonstrates minimal fundamentals: it has no public codebase, development roadmap, official team, or on-chain governance structure (Active Development: 1.0/10; Team & Governance: 2.0/10). Its tokenomics benefit from a decentralized fair launch with 100% circulating supply and no vesting overhang, but completely lack utility or burn mechanics (Tokenomics: 4.0/10). Despite high speculative volume and tier-1 exchange listings, the token has suffered a massive drawdown from its all-time high, has no security audits (CryptoGrade Grade F), and was impacted by third-party protocol exploits and leverage liquidation cascades (Security: 2.0/10). Community engagement remains broad but purely hype-driven (Community Support: 5.5/10).
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Fartcoin (FARTCOIN)
Fartcoin (FARTCOIN) is a meme-based cryptocurrency operating on the Solana blockchain. Launched on October 18, 2024, via the Pump.fun deployment platform, the token originated from online narratives surrounding the AI agent known as Truth Terminal (Terminal of Truths). The project was created by an anonymous developer who sold their initial holdings for approximately $500 shortly after deployment, leaving the token without an official development team, formal whitepaper, or structured roadmap. The token operates with a fixed maximum supply of 1 billion tokens, with the entire supply in circulation following its fair launch.
The token lacks functional utility, staking rewards, burn mechanisms, or native on-chain governance infrastructure, relying entirely on market sentiment and speculative trading activity. While it previously reached a market capitalization above $1 billion in January 2025 and secured listings on major centralized exchanges such as Coinbase and Kraken, it has since experienced heavy market contraction, trading approximately 92% below its all-time high.
FARTCOIN has been impacted by market volatility and third-party security events. The project has no verified smart contract audits and holds an "F" security rating from CryptoGrade. In April 2026, an external $270 million exploit of Drift Protocol resulted in approximately $4.1 million of FARTCOIN being among the stolen assets. Additionally, a liquidation cascade tied to a roughly $145 million leveraged position on Hyperliquid caused a single-day 50% price drop to around $0.1244, resulting in approximately $3 million in trader liquidations and $1.5 million in protocol vault losses.