Buttcoin Takes Coinbase’s Top Spot Amid ATH Rally

Bitcoin (BTC) has been trending downwards for the last few weeks; however, not all cryptocurrencies have been following the leading asset’s footsteps. One such token is Buttcoin (BUTTCOIN), which has hit an all-time high (ATH) within the past 24 hours.

According to data from CoinGecko, BUTTCOIN is up roughly 80% in 24 hours and 200% in seven days. The asset’s chart shows it has been on a roll over the past week. The rally culminated in an ATH of $0.0277 about eight hours before press time. Although the token had declined 20% from the ATH at the time of writing, it was still trading more than 550% from its all-time low of $0.0033 recorded on January 24.

Amid its rally, BUTTCOIN has become the number one trending token of the day on the centralized crypto exchange Coinbase. With a market cap approaching $23 million, a screenshot shared by the project’s official X account showed BUTTCOIN ahead of other trending tokens, including Purch and Nietzschean Penguin. The token has been trending on Coinbase for six days in a row.

Additionally, the Buttcoin account celebrated the project surpassing 10,000 holders while hitting the ATH.

$Buttcoin is now the #1 trending token of the day on @Coinbase

We also just passed 10,000 holders all while hitting a new ATH.

It’s an honor to share this achievement with everyone in the $Buttcoin community, from the early day Buttlievers to the newcomers just discovering… pic.twitter.com/XxXGjg2Zn1

— Buttcoin (@ButtCoin) February 2, 2026

What is BUTTCOIN?

BUTTCOIN is a memecoin inspired by Bitcoin. Oners created the Buttcoin.org parody blog in 2011 as Bitcoin gained traction and was criticized. The leading digital asset was valued at around $8 at the time.

Among the netizens who made fun of Bitcoin at the time, one asked, “Has anyone called them buttcoins yet?” This was in May; Oner created the parody blog a few weeks later. Buttcoin.org describes a peer-to-peer (P2P) butt economy, similar to the P2P Bitcoin network. The blog is currently in archive-only mode, and the project is focused on social media platforms.

Essentially, Buttcoin is “Bitcoin, but with Butts.” It is called the OG memecoin, an initiative that existed before the crypto industry as a whole. The project came to be four years before the creation of Ethereum and the birth of the altcoin ecosystem. It also existed three years before pseudonymous Bitcoin founder Satoshi Nakamoto’s email was hacked and the Bitcoin website altered to say “Buttcoin.”

In addition, the Buttcoin project existed two years before American software engineer Jackson Palmer tweeted a joke about investing in Dogecoin. Palmer eventually co-created Dogecoin in 2013 with fellow programmer Billy Markus.

OG Memecoin With 15 Years of History

Oners claims that big players in crypto have mentioned Buttcoin and written about it for more than a decade.

“We’ve been engrained in the culture forever. The only Bitcoin meme with 15 years of history behind it. So if you’re looking for a true ‘OG’ meme and a community to be proud of, it doesn’t get any better than $Buttcoin,” the founder added.

Despite being in existence for roughly 15 years, Oners only launched BUTTCOIN on the Solana network earlier this year. BUTTCOIN has a maximum supply of 1 billion tokens, but a circulating supply of less than 999.99 million tokens. The goal is to trade 10,000 BUTTCOINS for one bitcoin someday.

Interestingly, Oners claims that BUTTCOIN has grown without any paid shoutouts from key opinion leaders, featured posts, sponsored posts, or bot armies. He insists the growth has been organic, and yet, the project is becoming “undeniable.”

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