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Buttcoin, a humorous imitation of Bitcoin, Increases by 150% with a 2700% Increase in Trading Volume
Buttcoin, a Solana-based meme coin recognized for its humorous interpretation of Bitcoin, has seen a remarkable surge of 150% in the last day. Canary Capital Requests ETF, PENGU Value Increases
Buttcoin’s market valuation is approximately $271,577, according to CoinGecko. Despite the outstanding 24-hour gain, its trading price is still $0.0002624. This represents a substantial 95% decrease from its all-time peak of $0.005723, which occurred on January 6. Buttcoin’s trading volume has skyrocketed, rising by 2,740.60% in the previous 24 hours to reach $1,691,174.
The revival of Buttcoin’s popularity can be linked to a viral video from 11 years ago that reappeared on X (previously Twitter), claiming to be the genesis of Buttcoin.
In addition, the meme coin’s creator, known only by the alias Shitoshi Fartamoto, is still unknown. However, a mention on “The Joe Rogan Experience” has also aided in its growing popularity.
Buttcoin’s website describes an ambitious, community-driven strategy. The initial aim is to achieve a $3 million market capitalization, which will activate marketing initiatives on sites such as TikTok, X, and influencer promotions. The community is anticipated to contribute 1%, or $30,000, to begin the next phase.
Discussions about the BTC parody meme coin have grown on X. Cryptocurrency trader Hardy posted a chart with his 67,000 followers, indicating a fourfold price increase from its low. Traders are posting positive charts and speculating on future gains, potentially even reaching new all-time highs. Posts with the hashtag #buttcoin are inundating the platform.
