Absurd crypto projects prove not to be April Fools’ jokes

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Olga Shendetskaya

01.04.2026

Absurd crypto projects prove not to be April Fools’ jokes — Cryptos like Fartcoin and USELESS are real, despite their absurdity

Cryptocurrency continues to surprise us with stories so absurd that they could be straight out of an April Fools’ Day prank, but these are real events in the world of digital assets. From tokens named after bodily functions to accidental burns and outrageous pumps, here are four true crypto stories that sound unbelievable.

Highlights

Fartcoin saw its market cap reach $2.5 billion before plummeting by 93%.
SLERF token surged despite its creator accidentally burning $10 million.
A 13-year-old boy launched a token, and a "revenge pump" pushed its market cap to $35 million.
USELESS token became one of the most ironic successes, growing despite having no utility.

As BeInCrypto writes, such events are not exceptions, but rather highlight how unpredictable and sometimes absurd the world of cryptocurrencies can be.

1. Fartcoin reaches $2.5 billion market cap

In October 2024, Solana saw the launch of Fartcoin (FARTCOIN) — a token inspired by flatulence. The coin's origins are as ridiculous as its name, born from AI chatbot Truth Terminal, created by researcher Andy Airy, which joked about farting. Fans decided to capitalize on the concept, and within just three months, Fartcoin's market capitalization exceeded $1 billion.

By January 19, 2025, the token peaked at $2.48 per token, reaching an estimated market cap of $2.5 billion. Meanwhile, the Truth Terminal chatbot was dubbed the first crypto millionaire made by AI, with Marc Andreessen contributing $50,000 in Bitcoin.

However, by April 2026, Fartcoin was trading around $0.17, down by 93% from its peak, with its market capitalization now about $175 million. Despite the collapse, Fartcoin still holds the 183rd position in market cap rankings. A token named after flatulence continues to exist in the crypto world — but with much less value.

2. Developer accidentally burned $10 million, and the price went up

In March 2024, a developer launched SLERF on Solana, raising $10 million in a presale. But in a shocking blunder, the developer accidentally sent all of the tokens for the presale and the liquidity pool to a burning address, erasing them forever. There was no way to recover the funds, as the right to mint tokens was revoked.

Surprisingly, rather than crashing to zero, SLERF's value skyrocketed, driven by speculators. In just 24 hours, trading volume surged to $2.5 billion, briefly surpassing Ethereum (ETH) and USDC. The market cap peaked at $450 million.

By April 2026, SLERF’s value dropped to about $0.003, with a market cap of just $3 million. The $10 million invested in the presale is lost forever, with the burned tokens left as a bizarre and costly mistake.

3. 13-year-old boy posed for camera, and earned $30,000 from his token

On November 20, 2024, a 13-year-old boy launched a token called QUANT on the Pump.fun platform during a live stream. Within eight minutes, he sold all his holdings for roughly $30,000, celebrating the profit by flipping the camera off.

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But we saved everything 🙂.

However, the crypto community launched a "revenge pump," purchasing QUANT out of spite, driving the market cap to $35 million in just a few hours. Ironically, if the boy had held onto his tokens, his stake would have been worth over $1 million. Instead, he chose the instant $30,000, and the internet mocked him.

4. USELESS token: A transparent failure

The USELESS project, launched on Solana in May 2025, was designed to be entirely useless. With no roadmap, no team resources, no venture funding, and no utility, it was marketed as an absurd idea. But the market loved it. In just one week, USELESS surged from $200,000 to $40 million, before crashing 87.5% to $5 million.

The project continued to grow, reaching a peak market cap of $450 million in October 2025. Coinbase, Kraken, and Gate.io listed the token on their platforms, despite its lack of any practical use. As of April 2026, USELESS's market cap stands at around $32 million.

Unlike most tokens on this list, USELESS did not fall by 99%. It may have been one of the most honest projects on this list, offering absolutely no promises yet still managed to stay afloat.

Real conclusions for unreal stories

The crypto market has become a breeding ground for absurd, unpredictable tokens. While some of these projects may not provide long-term value, they are pushing the boundaries of what’s possible in the digital assets space.

These stories highlight the often chaotic nature of cryptocurrency, where anything can happen, and even the most ridiculous ideas can capture attention and capital.

In addition, we wrote that Solana edges higher as Strait of Hormuz shutdown disrupts global markets.

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