Kraken Releases Unicorn Fart Dust ($UFD)

The coin is now live for spot trading at one of the world's leading crypto exchanges. Not only does this step increases visibility of $UFD, but also diffuses the token. Even older people who may have been hesitant to invest in cryptocurrencies can now purchase a coin.

Furthermore, this procedure is taking place during a time of financial uncertainty. Market volatility results from economic policy speculation, and many investors are planning for overexposure. Listing $UFD on Kraken seems to be an attractive case for other investors looking for a complete new alternative to old assets. 

However, not only this fact is noteworthy, but also the origin of the new coin. 

Unicorn Fart Dust History

Unicorn Fart Dust (UFD) is a trending meme coin on Solana. Introducing by a first-time crypto buyer at age 54, the UFD memecoin jokingly satirizes what we consider money. Even so, UFD going from 0 to a $240 million market cap within two days was further proof of how unpredictable meme coins can be. 

$UFD is recreated from amazing origins. Ronald Branstetter is known for humorously referring to digital assets as “unicorn fart dust" on YouTube. Nevertheless, as time passed, this most satirical influence of his personality became a real team and attracted many supporters. 

Branstetter's interest began with an anti-crypto attitude, and four years later he spent time developing his own meme coin. I don't think you'll have to approve this if you trade on the stock exchange, but a lot of newcomers got into the crypto market precisely because of the “dust from the unicorn's fart.”

This listing was a product of the collective work done by the $UFD community. Branstetter appealed to his subscribers to help raise the money. This is shown by stringent listing conditions (or requirements). Its mass character holds for this force of the public part of the cryptosphere. 

What is important is that the fact that the project was listed at top exchanges is that top exchanges have very strict standardization of the project for the project technology, the trust of the team and so on.

Why is it important?

Tier 1 listing helps a company with better pricing, enhanced liquidity, and greater access to the market. All these things could help to run by a token with a lot of partners, etc. But experts advise you to proceed with caution. 

Meme coins are high volatile by their very nature, and speculation is their nature. Investors hardly need to give their attitude to risk and their circumstances serious thought, and pass it on market developments.