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CATEGORY: celebrity memecoins


Khamzat Chimaev wasnt involved with SMASH memecoin  Manager

Author: Cointelegraph by Christopher Roark
United States
Jul 09, 2024 12:00

Khamzat Chimaev wasnt involved with SMASH memecoin Manager

The UFC fighters manager, Majdi Shammas, said his client did not make the decision to promote the coin and the deal only allowed for a single promotional video.

Jul 27, 2024 05:50

Solanas Celebrity Tokens Down 94%, MOTHER Community Defends The Memecoin

Recently, the crypto community saw the surge of a new memecoin frenzy with celebrity-endorsed cryptocurrencies. The Solana-based tokens registered massive gains but became pump-and-dump scams in most cases. Nearly two months later, most of these tokens’ prices decreased significantly from their all-time high days. However, the MOTHER community, one of the best-performing celebrity memecoins, defended [...]

The post Solanas Celebrity Tokens Down 94%, MOTHER Community Defends The Memecoin appeared first on Crypto Breaking News.

Jun 08, 2024 12:05

Celebrity Memecoins: Iggy Azalea And Hulk Hogan Beef Before $17 Million Rug Pull

Celebrity memecoins have been the talk of the town for the past two weeks. A trend that resurged at the end of May quickly became one of the biggest narratives around the crypto community. Related Reading: GMX Soars 20% Amid Crypto Whale Frenzy, Is It Back In Turbo Mode? The industry has seen controversies, rug pulls, and Vitalik Buterins thoughts on the celebrity token frenzy. In the phenomenons most recent development, WWE wrestler Hulk Hogan beefed with Australian rapper Iggy Azalea. Celebrity Memecoins A Week Later Despite the trend starting around May 20 with influencer tokens, celebrity tokens didnt gain mainstream traction until reality TV star and Olympian Caitlyn Jenner launched her JENNER memecoin. Alongside Jenner, rapper Rich the Kid joined the crypto community with RICH. However, both tokens were surrounded by controversy after it was revealed that alleged serial scammer Sahil Arora was involved in the launch. Several other artists and personalities joined the crypto space to launch their memecoins, including Lil Pump, Davido, Trippie Red, and MoneyBagg Yo. Some of these launches appear to be linked to Aroras scams. A week later, most celebrity memecoins saw a significant price decline or ended up as a rug pull scam. JENNER, which kickstarted the celebrity mania, is currently 81% down from its all-time high (ATH) registered on May 27. The Olympians token, described as the goddess of Solana, went from trading around $0.04273 to $0.009072. This significant decrease has also cut its market capitalization from its $30 million peak to $7.5 million. Hulk Hogan Wrestles MOTHER And Dumps His Fans On Thursday, former professional wrestler Hulk Hogan took X to announce the launch of his Hulkmania (HULK) token. The memecoin skyrocketed 500% within two hours and quickly reached a market cap of $17 million. The launch turned sour when investors found Hogan had sold his HULK bag and deleted his posts mentioning the token. In minutes, the tokens market cap plummeted to $2 million. During the hours that Hogans X account promoted the token, the retired wrestler seemingly targeted Azalea and MOTHER. In an X post, Hogan replied to Azalea, saying, You suck at pumping. $HULK has the real milk. Additionally, he shared two now-deleted Instagram posts beefing with the Australian rapper. In one of them, Hogan Azaleas profile picture and captioned it, Sahil does it best. Before deleting all his HULK-related posts, Hogan shared an Instagram story claiming that he had been hacked. According to the post, none of the publications came from him and soon would be removed. Later, his X account was wiped completely, and Instagram comments were limited. The crypto community grew concerned as the mention of Aroras name suggested his involvement in the scam. However, it remains unclear whether Hogans website, Instagram, and X account were all hacked or if the retired wrestlers team was involved. Vitalik Buterin Vs Koala Vitalik? Earlier this week, Ethereums founder, Vitalik Buterin, criticized the ongoing celebrity token phenomenon.  On X, Buterin stated he is quite unhappy with the crypto spaces celebrity experimentation. Buterin explained his concern regarding the launch of tokens with no purpose other than being a get-rich-quick scheme. Additionally, he suggested some features that celebrity memecoins should have for him to be more willing to respect it. The list included a public-good goal that its serving. To his criticism, Azalea responded by claiming that Buterin was just hangry. Moreover, she seemingly named a Koala after Ethereums founder. The rapper uploaded a video announcing the donations saved another Koala. Its name? Koala Vitalik. Azalea launched a MOTHER fund to help save Koalas infected with chlamydia. For the past week, the rapper has received donations in memecoins and several cryptocurrencies for the Koala cause. Related Reading: Get Ready For Altcoin Explosion: Anlayst Reveals Key Months For Massive Gains Additionally, Azalea is giving her token utility. The rapper launched a Mother merchandise store that accepts MOTHER as payment.  Ultimately, the token continued to soar after reaching new ATHs and recently breaking above the $200 million market cap. Featured Image from Unsplash.com, Chart from TradingView.com

Vitalik Buterin slams celebrity memecoins

Author: Cointelegraph by Amaka Nwaokocha
United States
Jun 06, 2024 12:00

Vitalik Buterin slams celebrity memecoins

Buterin responded to a post about Iggy Azaleas Mother Iggy token potentially leading the celebrity crypto trend toward sustainable value creation.

Celebrity memecoin promoter Sahil Arora banned by X

Author: Cointelegraph by Yohan Yu
United States
Jun 05, 2024 12:00

Celebrity memecoin promoter Sahil Arora banned by X

Despite mounting scam allegations and social media bans, Arora continues to promote celebrity memecoins and partnerships.

Jun 27, 2024 05:50

Master Of Scams: Metallicas Hacked X Account Promotes Solana Token

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, [...]

The post Master Of Scams: Metallicas Hacked X Account Promotes Solana Token appeared first on Crypto Breaking News.

Jun 19, 2024 05:50

Trump-Inspired Memecoins Crash 30% After Rumors Of Trumps Official Token Launch

The crypto industry has been a crucial topic in the electoral campaign for the November US presidential elections. This year, presidential candidates have embraced cryptocurrencies to obtain the industrys support. As a result, the community has capitalized on the momentum with Memecoins. Related Reading PolitiFi tokens, a new memecoin category inspired by political figures, have [...]

The post Trump-Inspired Memecoins Crash 30% After Rumors Of Trumps Official Token Launch appeared first on Crypto Breaking News.

Jun 14, 2024 12:05

Memecoin Fight: DADDY Surpasses MOTHER Despite Insider Trading Activity Allegations

The celebrity memecoin mania has added a new player with the recently launched Daddy Tate (DADDY). The token, promoted by the controversial figure Andrew Tate, has gained traction, surpassing Iggy Azaleas MOTHER.  However, Tate is now accused of some concerning activity for crypto investors. Related Reading: Dogwifhat To Tumble? Analyst Sets $1 Target For WIF Andrew Tate Endorses DADDY On June 11, former pro kickboxer and controversial online figure Andrew Tate started promoting a new memecoin. The DADDY token was marketed as the direct competition to Iggy Azaleas MOTHER, the most successful celebrity launch. Before he endorsed DADDY, Tate stated he held zero tokens but was aware there were hundreds of memecoins related to his likeness. Days later, he invited popular crypto trader Ansem to fight him in a boxing match, claiming this was his cycle. He also suggested that the loser donates $10 million to a token of the winners choosing. Tates approach received mixed reactions from the members of the crypto community. Content creator Jakey jokingly claimed that Crypto Twitter was the new YouTube. Another user stated, Every day we get further away from god. On Tuesday, Tate promoted the Daddy Tate memecoin, which was also received with mixed feelings and some criticism. The promotional posts targeted Azaleas MOTHER while making sexist jokes and using domestic violence as a punchline. I heard about a coin called mother so now Im supporting a coin called $DADDY to flip it for the patriarchy. Were bringing the Gs back make me a fucking sandwich females. Tates Memecoin Called Out For Insider Trading On Wednesday, crypto analytics firm Bubblemaps accused the token of having huge insider activity. According to the firm, they found suspicious activity before Tate started promoting DADDY. Bubblemaps revealed that insiders allegedly bought 30% of the tokens supply at launch. On June 9, Daddy Tates team sent 40% of the total supply to the former kickboxer, which he promised not to sell. Additionally, he bought $10,000 worth of DADDY and burned it. Despite this, the token seems to have a catch. Per the report, 11 wallets are holding 20% of the supply. These wallets were founded through Binance with nearly identical amounts at the same time. Moreover, they bought the tokens, worth around $30 million, on June 9, before the team started to promote the token on X. The firm claims that the timing and amounts strongly suggest the wallets belong to the same group. Similarly, two other clusters hold an additional 10% of the supply and seem to be linked through a third wallet. Bubblemaps urged investors to remain cautious as the insiders seem to be active on $DADDY and are trying to cover their tracks. The firm warned that one of these wallets could nuke the liquidity pool. DADDY Surpasses MOTHER After Tates post about DADDY, the crypto community called him out for his posts. Some users suggested he returned when the token was a MOTHERs level. At the time, Daddy Tate had a $45 million market capitalization and was trading at $0.1499. Nonetheless, DADDY gained traction on Wednesday, surging to $0.36. In 24 hours, the token increased by 143% to a new all-time high (ATH) and reached a $280 million market capitalization. This performance saw the memecoin surpass MOTHER despite the controversial promotion and insider activity allegations. Since then, the token has retraced to the $0.24 price level, a 32% decline in the last 12 hours. DADDY had a market cap of $240 million at the time of writing. Meanwhile, MOTHER saw a 46% surge on Wednesday, which propelled the price from $0.15 to $0.22. In the following hours, the memecoins price declined 36% to the $0.14 range before recovering. Related Reading: FET, OCEAN, And AGIX Drop 8% After ASI Token Merger Delay As of this writing, Azaleas token is trading for $0.17 and has a market capitalization of $169 million. Despite retracing nearly 40% since its June 5 all-time high, MOTHER still exhibits a 1,900% increase from its launch two weeks ago. Featured Image from Unsplash.com, Chart from TradingView.com

Jun 11, 2024 06:15

Iggy Azalea MOTHER Token Skyrockets 27% After Major Announcement

Australian rapper Iggy Azalea and her cryptocurrency venture, the Mother Iggy (MOTHER) token, have garnered significant attention in the crypto industry due to its rapid popularity and a more than 140% spike in its first week of trading.  However, after its initial surge, the token experienced a substantial price correction, leading to a decline from [...]

The post Iggy Azalea MOTHER Token Skyrockets 27% After Major Announcement appeared first on Crypto Breaking News.

Iggy Azaleas MOTHER memecoin surges 30% on mobile company announcement

Author: Cointelegraph by Zoltan Vardai
United States
Jun 11, 2024 12:00

Iggy Azaleas MOTHER memecoin surges 30% on mobile company announcement

The memecoin will allow holders to purchase smartphones and mobile phone subscriptions in the newly relaunched company.

May 31, 2024 12:05

Lil Pump-And-Dump: SEC Issues Warning As More Musicians Dump Their Memecoins

The celebrity token frenzy seems to be the hottest topic of the week. The newly launched memecoins have been criticized by crypto community members as the tokens have been launched with massive controversy. After a week or so of pumping and dumping, the US Securities and Exchange Commission (SEC) issued an Investor Alert. However, the SECs warning didnt stop more musicians from joining the crypto festival of Q2. Related Reading: Solana Is For Baddies: Rapper Iggy Azalea Joins The Controversial Celebrity Token Frenzy SEC Warns About Celebrity Memecoins On Wednesday, the US SEC released an Investor Alert targeting memecoins. In the warning, the Commission alerted users about pump-and-dump and pre-sale schemes involving meme-based tokens. The SEC explained that fraudsters may create a memecoin and then tout it on social media. After pumping the price and selling to make a profit, investors see most of their money gone as the price rapidly decreases. The celebrity memecoins launch frenzy became a trend this past week. As a result, many mainstream media figures, influencers, musicians, and athletes have shown interest in the crypto space. In most cases, these celebrities start engaging with the crypto community right before promoting their soon-to-be-launched memecoins. Nonetheless, the recent trend has been particularly controversial since these figures have, for the most part, worked with an alleged serial scammer. Recently, celebrities and community members accused a man named Sahil Arora of allegedly orchestrating several pump-and-dump scams. Arora seemingly scammed investors and partners in every memecoin launch hes been involved with. Australian rapper Iggy Azalea launched MOTHER two days ago and claimed to have created the token to stop Arora from using her image on his scams. Moreover, Rich the Kid and Caitlyn Jenner have come out stating that the alleged scammer lied to them. Now, more musicians have joined the crypto festival of memecoins while being accused of dumping their fans. More Musical Acts To Headline Memecoinchella On Wednesday, crypto sleuth ZachXBT accused famous rapper Lil Pump of participating in a pump-and-dump scam. According to the internet investigator, the rapper shared and quickly deleted a post promoting his memecoin after the token was dumped. The post stated lil or big pump and tagged one of Aroras accounts. Lil Pump answered the allegations, claiming to never have made a token and accusing Arora of scamming him and his fans. Moreover, he seemingly sent proof to the crypto detective to prove his innocence. In the early hours of Thursday, the rapper claimed to have taken control of his accounts and the memecoin. Moreover, he distanced himself from the alleged serial scammer. However, ZachXBT shared some screenshots of a conversation between Lil Pumps team and the person managing the memecoin launch. According to the images, Pumps team was not aware of Aroras track record, but as the investigator explained, he still got partially paid for the scam. Additionally, his team hid the paid promo tag, which is an X requirement. ZachXBT pointed out that the rapper also did the same in 2022. Throughout the night, the internet sleuth listed several other artists who joined the crypto scam headlines. The list includes American rapper MoneyBagg Yo, Trippie Redd, and Davido. Giving A Platform To Scammers American-Nigerian singer and producer Davido was, alongside Lil Pump, the biggest topic on Wednesday night. The singer promoted his Davido token alongside figures inside the crypto space. Crypto trader Ansem held an X Space session with the music producer to discuss his project. According to online reports, the singer dumped over half of his DAVIDO holdings while on the X session. Lookonchain revealed that Davido made over 2,783 SOL, worth around 473,000, after selling 121.8 million DAVIDO tokens. Per the post, the singer received 7.5 SOL as start-up capital, which he used to buy 20.3% of the memecoins total supply. Related Reading: Keeping Up With The Memecoins: Caitlyn Jenners New Token Surges 50,000% Amid Controversy The community wasnt pleased with the crypto traders involvement in the incident. As a result, an important discussion was brought up by several community members. Many pointed out that platforming individuals, celebrity or not, who seemingly have no real interest in the space is predatory and dangerous. As pointed out by ZachXBT, leading the spaces provides credibility to them and gives celebs the platform to do this to people repeatedly. Featured Image from Unsplash.com, Chart from TradingView.com

Investor lawsuit filed against Hawk Tuah memecoin creators, partners

Author: Cointelegraph by Vince Quill
United States
Dec 20, 2024 12:00

Investor lawsuit filed against Hawk Tuah memecoin creators, partners

The HAWK Token exhibits all the characteristics of an unregistered security under established legal precedent, litigants claimed.

Influencer Abdu Rozik says key to crypto success is being a good person

Author: Cointelegraph by Ezra Reguerra
United States
Dec 11, 2024 12:00

Influencer Abdu Rozik says key to crypto success is being a good person

Abdu Rozik told Cointelegraph at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto.

Nov 29, 2024 05:50

Latest Memecoin Sensation CHILLGUY Hits $0.65 ATH, Whats Behind The 80% Rally?

A new Solana-based memecoin has stolen the crypto markets spotlight after surging over 80% in seven days to a market capitalization above the $600 million mark. After its remarkable performance, the latest internet sensation continues to grow in popularity, recently scoring two major exchange listings. Just A Chill Rise To $0.65 This cycles memecoin mania [...]

The post Latest Memecoin Sensation CHILLGUY Hits $0.65 ATH, Whats Behind The 80% Rally? appeared first on Crypto Breaking News.

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