According to AltcoinGordon, $FAT token achieved significant exposure during the Kentucky Derby event, as highlighted by Fat Fella on Twitter (source: @fatfellaseason, May 18, 2025). The public promotion of $FAT at this high-profile event could drive increased trading volume and short-term volatility, making it a token to watch for active traders seeking trending opportunities. The event-based marketing aligns with current trends of meme coins leveraging mainstream events for rapid community growth and liquidity influx (source: Twitter).

According to Fox News, Journalism, jockeyed by Umberto Rispoli, secured victory at the 150th Preakness Stakes after finishing second at the Kentucky Derby. This high-profile win impacts sports betting markets, including crypto-based betting platforms, as trading volumes and odds on decentralized sportsbooks surged following the result (source: Fox News, May 18, 2025). Traders should monitor increased volatility in sports-related crypto tokens and NFT race collectibles, as major races historically drive speculative activity.