Meme Coins
Home” Meme Coins” YouTuber’s meme coin Unicorn Fart Dust strikes $240 million market cap in simply 48 hours
by
Vivian Nguyen
Dec. 19, 2024
Branstetter developed the token as a lively review of the crypto market’s speculative nature.
Key Takeaways
- Unicorn Fart Dust coin reached a $240 million market cap simply 48 hours after launch.
- Regardless of having no previous experience in crypto advancement, Branstetter intends to check out the world of crypto through this amusing task.
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A Solana-based meme coin produced by YouTuber Ronald Branstetter, a silver and gold maximalist, to show the insignificance of such tokens has actually reached over $240 million market price within 48 hours of its launch, according to GeckoTerminal information.
The token, called Unicorn Fart Dust (UFD), was trading at $0.213 at press time, marking a 214% boost over the previous 24 hours. The task started after Branstetter discovered Fartcoin, the Solana meme coin that just recently increased to a $1 billion market cap, from his better half.
The fart meme coin has a market cap of $500 million that’ s larger than nearly any silver business that I understand,” Branstetter stated throughout his Wednesday stream, when he initially revealed the UFD meme token.
Branstetter did not clearly describe the concept behind the name. According to a video published last year, the YouTuber called Bitcoin “ unicorn fart dust, a term he utilized to explain something worthless or irrelevant, here Bitcoin and other altcoins.
Coincidentally, the Unicorn Fart Dust token was introduced simply a couple of days after the “ Unicorn Fart completing relocation was revealed as part of Call of Duty: Black Ops 6. This relocation, while unquestionably amusing, has actually drawn criticism for its excessive and perhaps ill-mannered nature. Branstetter discussed the relocation throughout his stream.
high” decoding=”async” alt=’The “Unicorn Fart” finishing move’ width=”740″ height=”420″ src=”https://static.cryptobriefing.com/wp-content/uploads/2024/12/19135407/Unicorn-Fart-Move.jpg”/>< img fetchpriority="high" decoding="async" alt ='The "Unicorn Fart" completing relocation'width="740" height="420" src="https://static.cryptobriefing.com/wp-content/uploads/2024/12/19135407/Unicorn-Fart-Move.jpg"/ > < img fetchpriority="high" decoding="async" src="https://static.cryptobriefing.com/wp-content/uploads/2024/12/19135407/Unicorn-Fart-Move.jpg" alt ='The "Unicorn Fart" ending up relocation'width="740" height="420"/ > The Unicorn Fart completing relocation
Branstetter s UFD token rapidly struck$6,400 in market cap after its launch.
People are purchasing this thing which simply blows me away since it is absolutely nothing however unicorn fart dust,” Branstetter “stated. I m not getting abundant off it since I just own like 1.2%.”
In his 2nd stream on the very same day, Branstetter upgraded that the UFD token’ s market cap had actually reached $23 million. He likewise kept in mind that he offered half of his UFD holdings, vowing to disperse 20% of his revenues to his neighborhood of over 45,000 customers.
Assistance for Branstetter’ s UFD token has actually grown amongst crypto neighborhood members who value his sincerity, though lots of have warned him about the dangers of frauds and false information.
The factor it did so well is since you’ re truthful. It wouldn’ t have actually exercised any other method,” one audience commented.
Ron is truly fantastic. Seems like our cumulative daddy,” stated Yuga Labs co-founder Wylie Aronow.
Following the rise in UFD’ s worth,
