2 min read
Buttcoin, a Solana-based meme coin parodying Bitcoin, has experienced a significant surge, rising 150% in the past 24 hours to a trading price of $0.0002624. Despite this increase, it remains approximately 95% below its all-time high of $0.005723, reached on January 6, 2025. The market capitalization of the coin is currently $271,577, accompanied by a trading volume of $1,691,174 over the past 24 hours, reflecting an impressive increase of 2,740.60%.
Buttcoin’s rising worth can be attributed to a 2009 video that revived the cryptocurrency’s mythical roots via X platform posts. The currency gained gained fame following a Joe Rogan Experience podcast broadcast, which raised its public visibility. The founder of Buttcoin goes under the anonymous the name Shitoshi Fartamoto, although his or her genuine identity is unknown.
My investments are parked in the next bitcoin #buttcoin is simply the memecoin version of bitcoin. Stamped in history, 11yrs ago pic.twitter.com/LPjVjQw7u2
— degen gamblooor (@degeninvestoor) January 31, 2025
The official Buttcoin website provides a strategic framework that identifies vision-based growth requirements through community involvement. The goal of obtaining a $3 million market capitalization enables the marketing team to begin campaigns on TikTok and X while utilizing influencer outreach techniques. To move on to the next financial level, the community must pay $30,000 from their 1% contribution.
Discussions about buttcoins becoming more intense on several social media platforms. A well-known cryptocurrency trader shared a pricing chart with his 67,000 followers, indicating a potential price increase of four times since its inception. Posts with the hashtag #buttcoin have surged substantially as traders post optimistic price charts and discuss the possibility of achieving a new all-time high.
While Buttcoin’s recent performance is noteworthy, investors should exercise caution. Meme coins are known for their volatility and speculative nature. Potential investors should conduct thorough research and consider the inherent risks before making investment decisions
