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BitMEX co-founder Arthur Hayes becomes active in the memecoin market, promoting top tokens like Pepe (PEPE), Mother Iggy (MOTHER), and…
The post BitMEX Founder Bets Big on These Memecoins, Says Its Time for Their Breakout first appeared on The Crypto Basic.
Australian rapper Iggy Azalea has unveiled the Motherland casino at Solana Breakpoint in Singapore. The new casino is set to go live in November.
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.
The famous token inspired by Australian singer Iggy Azalea, the Mother Iggy (MOTHER) token on the Solana (SOL) blockchain, experienced a significant surge of 58% on Thursday, emerging as the top performer in the market, as the meme coin announced a new collaboration with Web3 investor and market maker DWF Labs. Iggy Azalea Collaboration With [...]
The post Iggy Azalea MOTHER Coin Surges 58% On DWF Labs Collaboration Announcement appeared first on Crypto Breaking News.
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
Recently, Ethereum co-founder Vitalik Buterin has taken a stand against the latest wave of celebrity-endorsed meme coins and has commented unfavorably on this shallow type of experimentation. The token in question is MOTHER, a new token associated with Australian hip-hop star Iggy Azalea. The dispute started when Placeholder partner Chris Burniske tweeted that if MOTHER […]
Buterin responded to a post about Iggy Azaleas Mother Iggy token potentially leading the celebrity crypto trend toward sustainable value creation.
Following the launch of $MOTHER in early June, Iggy Azalea shared plans to create real world use cases for the token, such as using it for purchasing mobile phones from her telecommunications company.
Beeple unveils Mother and Daddy (2024), blending digital finance and celebrity culture, featuring Iggy Azalea and Andrew Tate.
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
Iggy Azalea, the popular Australian rapper who caught attention with the MOTHER token, has announced the relaunch of a telecommunication company. The firm will now accept payments in MOTHER, alongside Solana [Sol]. Along with that, Azalea also teased an upcoming ad campaign and rollout later in the week. This move marks a significant step in […]
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.
The surge in $MOTHER's value has created a frenzy in the crypto space and highlighted the impact of celebrity endorsements on meme coins.
The memecoin will allow holders to purchase smartphones and mobile phone subscriptions in the newly relaunched company.
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins.
Bubblemaps claimed that 10% of the MOTHER token supply was sold to a single account, which later dumped most of it at a profit.
For the past week, a controversial celebrity token trend has emerged. Mainstream media figures began launching Solana-based memecoins and seemingly showing interest in cryptocurrencies. Related Reading: Is Solana Preparing For Liftoff Or Meltdown? Analysts Forecast SOLs Future The latest star to join the celebrity token frenzy is Australian rapper Iggy Azalea, who saw a controversial launch similar to Caitlyn Jenners JENNER token. Who Is Solana? On Monday, Azalea surprised the crypto community by showing interest in cryptocurrencies. The rapper and model posted on X asking, Who is Solana? I dont know that bitch. The post has gathered over 1.8 million views and caused controversy in different communities. Stan Twitter interpreted the post as a drag to American R&B singer SZA, which caused many fans to attack Azalea. However, the rapper quickly clarified the issue, replying, Girl, Im talking about crypto. After that, Azalea found her introduction to the crypto community overshadowed by the allegations of her involvement with alleged scammer Sahil Arora. As reported by NewsBTC, Arora was allegedly responsible for the launch of several celebrity and influencer tokens, which he ultimately rugged. Rapper Rich The Kid and Olympian Caitlyn Jenner called him out for scamming them and taking advantage of their followers. Both celebrities continued their crypto journey, promoting their tokens and engaging with community members. Following the scam allegations, Arora seemingly has continued to take advantage of crypto investors. Azalea is accusing the alleged serial scammer of using her image as the rapper distances herself from his practices. In The Fastlane From Music To Crypto Azalea explained that Arora and her team had a conversation regarding crypto, but her recently launched token was unrelated to him. Allegedly, Arora had fabricated fake screenshots and used the rappers name to raise over $380,000 in a presale for a token named IGGY. As an X user reported, Arora claimed to be working with the Australian rapper on Telegram. He stated that his next mega launch would happen in the next 12-24 hours. After raising 2.246 Solana (SOL), the alleged scammer told investors they would get automating WL to all further launches. Additionally, investors would receive a 10% SOL airdrop rationally from Aroras profits on each launch and an airdrop of $iggy when we hit $10m market cap. However, Azalea launched a different Solana-based token called MOTHER on Tuesday. The token references the LGTBQ+ culture term that got popularized in recent years in online stan culture. Azaleas token was launched only a few hours after Aroras IGGY token, which confused investors. After being asked, the rapper explained that she launched her Solana-based token to stop Arora from taking advantage of her name: I never had a date to, it was something I had interest in hence the convo with my ppl. He made a weird presale yesterday and said I was making a coin with him today so I decided to drop one so he couldnt use me for his weird scam. If I have a coin of my own figured his would die. Its that simple. The community continued questioning her links to Arora after posting an Instagram story with a man looking like him. However, it was later revealed that the individual was Azaleas brother, Mathias Kelly. MOTHER Beats IGGY According to Solana Floor, MOTHER reached a market cap of $50 million at its peak. The token soared by 63,000% in the following hours, going from $0.00004968 to $0.03179. In the last 16 hours, the token has amassed a trading volume of $126.8 million. At writing time, MOTHER is trading at $0.01634, representing a 21,000% surge from its launch price. Related Reading: Solana (SOL) Eyes a Strong Comeback: Will the Rally Ignite a Surge? In comparison, Aroras IGGY token saw its price soar to $0.009288 after launch before plummeting below the $0.00020 range. Currently, the scam token trades at $0.0001354 and has a market capitalization of $134,000. Featured Image from Wikipedia.com, Chart from TradingView.com
The Aussie artist launched her own memecoin as she distanced herself from the scandal-tainted project bearing her name.
Happy Mothers Day, all! This year, Crypto Briefing is honoring the matriarchs in our lives by doing one thing that moms around the world pray their children will never do:...
Vitalik Buterin’s Mother Natalia Ameline is quietly working on the team of Metis, a layer-2 scaling solution for Ethereum. Covered: What Is Metis? Vitalik Buterin’s Mother Works There What Does This Mean For Metis? ETH 2.0 dance of @VitalikButerin every day until ETH 2.0 goes live Day 1000 pic.twitter.com/X9qPZyB9mF — ETH 2.0 Dance Everyday Until […]
The post Vitalik Buterin’s Mother Is The Manager Of This Ethereum Scaling Solution appeared first on CryptosRus.
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