Unicorn Fart Dust (UFD) is a meme cryptocurrency that has taken the crypto world by storm. Like Dogecoin (DOGE) was created to mock Bitcoin, UFD is created by a content creator to test if memecoins do have any momentum and do they really work? This inquisitivity of the creator of Unicorn Fart Dust sparked interest in crypto communities and caught everyone’s attention. In a very short span, UFD token also secured a position among the top 20 largest Solana-based memecoins by market capitalization.
In this article we will take you through the origin of Unicorn Fart coin and how you can buy it safely on Bitunix.
Who is the creator of Unicorn Fart Dust (UFD)?
UFD was created by Ronald Branstetter, a YouTuber known for his commentary on gold and silver investments. Branstetter, often skeptical of cryptocurrencies, coined the term “unicorn fart dust” in January 2023 during a critique of Bitcoin. He used this term to question the intrinsic value of digital assets, contrasting them with tangible investments like gold and silver.
In December 2024, Branstetter decided to turn his critique into a reality. With no prior experience in crypto development, he created $UFD on Pump.fun to test the ability of memecoins . The token was intended to mock the speculative nature of cryptocurrencies and emphasize his skepticism about their value.
Branstetter’s creation aimed to underscore the absurdity he perceived in the market’s ability to inflate the value of seemingly insignificant assets.
What makes Unicorn Fart Dust (UFD) stand out?
The reason behind UFD’s meteoric rise is the blend of authenticity of the meme token creator and the social media connection that the creator of the token has established. Unlike many other cryptocurrency creators, Branstetter has taken a modest approach to his holdings.
He disclosed that he owns only 1.2% of the token and isn’t expecting to get rich from it. In fact, after UFD’s market cap hit $23 million, Branstetter sold half of his holdings and pledged to donate 20% of his profits to his community.
Unicorn Fart Dust UDF Price Performance and Technical Analysis
Source: Dextools
- The success of Unicorn Fart Dust has been nothing short of phenomenal. Within just 48 hours of its launch, UFD reached a market capitalization of $240 million.
- As per UFD’s current performance, the price of the token has increased by +0.67% (+0.0004513) after a short term of consolidation. Short-term EMAs (9 and 26 periods) are converging, with the potential for a bullish crossover.
- The volume profile shows moderate activity, indicating growing interest from buyers. An increase in volume alongside a price breakout would confirm bullish sentiment.
- The chart indicates a potential bullish reversal pattern, with price tightening near resistance and converging with moving averages. A breakout above $0.071, supported by higher RSI and volume, could lead to a bullish continuation.
Additional Reading: Where to Buy Solana Memecoins?
How to buy Unicorn Fart Dust (UFD) on Bitunix?
To buy $UFD, you need to create an account on Bitunix. If you are already a registered user, you can skip this step.
Next, you need to deposit USDT in your Bitunix account. Simply head to your profile and click on the wallet icon. Next, click on deposit and follow the steps to deposit crypto in your account.
Watch our step by step tutorial on How to Deposit Crypto on Bitunix.
To trade in UFD/USDT, navigate to the main menu and choose the Markets tab. Next, choose ‘spot’ and search for ‘UFD’ to open the trading chart on your spot trading dashboard.
How to Buy Crypto on Bitunix?
If you don’t have any crypto, you can buy crypto via third-party providers on Bitunix. To buy crypto, follow the below steps
- Head to the Buy Crypto tab in the main menu and choose the cryptocurrency you wish to buy. In this case, you need to buy USDT to be able to trade in UFD/USDT
- Next, choose the currency you wish to pay in (fiat currency like USD) Add the amount you wish to invest. (Please note: buying crypto via third parties incur fees levied by the provider)
- Finally, choose the mode of payment. The on-ramp crypto providers accept Apple Pay, bank transfer and credit/debit cards.
- Once you have chosen your mode of payment, follow the next steps and complete the transaction. The funds will be deposited into your Bitunix account.
