Bitcoin

Iggy Azalea’s Meme Coin Three Times Bigger than Andrew Tate’s

2 Mins read


Back in 2021, it seemed like every celebrity was getting involved with the cryptocurrency industry through non-fungible tokens.

The Bored Ape Yacht Club (BAYC) and CryptoPunks were the hottest collections, and mega stars like Eminem and Justin Bieber (just to name a few) were rocking NFTs as their profile pictures on Twitter (now X).

Three years later, it seems that multiple celebrities are now getting back to crypto, this time through meme coins.

Iggy Azalea’s MOTHER Meme Coin

Late in May, the Australian model and rapper – Iggy Azalea – announced her very own cryptocurrency.

Ticked MOTHER, the token rallied, reaching an all-time high of around $0.27, which put it at a market capitalization of close to $300 million. Currently, it is trading at a market cap of around $150 million.

The coin was shrouded in controversy, and it caught the attention of Ethereum’s co-founder – Vitalik Buterin. Sharing his thoughts on it and the broader celebrity meme coin trend, he said:

I’m feeling quite unhappy about “this cycle’s celebrity experimentation” so far. […] Ashton and Mila’s Stoner Cats was vastly more honorable than anything we’ve seen from this 2024 celebrity meme coin era – at least there was ana ctual show being funded.

Mockingly replying to this statement, Azalea said that “he was just hungry,” posting yet another meme.

Andrew Tate’s Coin

Some time ago, Andrew Tate said:

I will never launch a crypto, I just like to *** crypto Twitter. Because crypto Twitter is full of the biggest degenerate losers on the planet.

Plot twist: he did, in fact, launch his own crypto. Ticked RNT and riding the trend of offensive abbreviations a few days ago, RNT saw the light of day a couple of days ago and is currently trading at a market capitalization of around $50 million.

Besides RNT, multiple other cryptocurrencies were created, while Tate commented:

“There’s a lot of people asking me about all of this chaos I’ve created in the crypto markets as I’m trying to crash Solana. Millions of tweets have been made today because of me and my stupid tweets, I’ve made a complete mess. I’m sure some people made millions of dollars of the back of me…”

 

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!


Source link

Related posts
Bitcoin

Bitcoin Has Key Support At $62,300, Will BTC Bulls Win After FOMC?

2 Mins read
Bitcoin is recovering but still under immense liquidation pressure when writing. As BTC faces headwinds, the zone between $70,000 and $72,000 is…
Bitcoin

Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months

2 Mins read
In a major milestone for Ethereum and layer-2s, Optimism, a layer-2 scaling platform for the second most valuable network, has announced the…
Bitcoin

LFG Learnings Report: Digital Asset Computing Is an Economically Viable Approach to Reducing Landfill Methane Emissions

8 Mins read
Abstract In this study, we reveal that it is not only feasible but economically viable and environmentally beneficial to use landfill gas…

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *