
The top five holders of Fartcoin, a memecoin about fart jokes, have collectively generated $8.9 million in profits, according to data from blockchain data analytics platform Nansen. In an Apr. 14 X post , Nansen said that the top five holders of Fartcoin had collectively made nearly $9 million in profits. One holder liquidated his entire position and walked away with $1.88 million. Meanwhile, another holder is still holding on to $4.15 million in unrealized gains. All of this comes on the back of an impressive rally in the past month. According to Coingecko data , Fartcoin’s price has surged nearly 300% in the last 30 days, going from $0.3273 to a peak of $0.95, with the current price at $0.88. Its market cap has also nearly tripled since then and is now nearly at the $1 billion mark. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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