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Fartcoin (FARTCOIN), a Solana-based meme coin with strong roots in internet humor, has officially made its debut on the Binance.US exchange. The listing, however, was met with significant volatility and selling pressure, as the token’s price dropped over 10% in its first day of trading.

Onchain Lens indicated that a whale bought back 1.6 million Fartcoins for $2 million USDC at a coin price of $1.25 each. After making $368.5K on Fartcoin in a previous profitable trade, the whale continues to express interest in the cryptocurrency. The whale’s activities have drawn attention to the fact that Fartcoin is performing well in the market.