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Cryptocurrency News Articles

Buttcoin (BUTT) Rallies 150% Following a 2009 Video Revival, Targets $3M Market Cap

Feb 01, 2025 at 02:15 am

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.

Buttcoin (BUTT) Rallies 150% Following a 2009 Video Revival, Targets $3M Market Cap

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 further fame following a Joe Rogan Experience podcast broadcast, which raised its public visibility. The founder of Buttcoin goes under the anonymous name Shitoshi Fartamoto, although his or her genuine identity is still unknown.

The official Buttcoin website provides a strategic framework that identifies 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 are 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.

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Other articles published on Feb 01, 2025