Celebrities, including Iggy Azalea and Caitlyn Jenner, are launching their own meme coins in the crypto space, causing controversy and skepticism among traders and enthusiasts. While some defend the celebrities' actions as genuine interest in crypto, others criticize them for potential scams and cash grabs. Insider trading, market fluctuations, and shifting between different blockchain platforms like Solana and Ethereum are key aspects of these celebrity token launches.
American media personality Caitlyn Jenner, rappers Iggy Azalea and Trippie Redd, as well as record producer Davido all launched tokens in the past week, sparking debate across the crypto industry. The tokens are down more than 80%. By @shauryamalwa. https://t.co/38yYIo6rOQ
Be wary of tokens launched by celebrities.🚨 We fund that @Caitlyn_Jenner earned 2,381 $SOL($405K) by launching 12 #MEMEcoins on #Solana in the past 4 days. 1/ A thread. 🧵 https://t.co/zqVaMjhjqf
idk man i kinda feel like everyone fudding celebrity coins is going to look dumb pretty soon some of these celebs are rly trying to learn the culture and want to have fun and be real before celebrities entered the space, everyone wanted them to pump their bags now u fud them?
idk man i kinda feel like everyone fudding celebrity coins are going to look dumb pretty soon some of these celebs are rly trying to learn the culture and want to have fun and be real before celebrities entered the space, everyone wanted them to pump their bags now u fud them?
idk man i kinda feel like everyone fudding celebrity coins are going to look dumb pretty soon some of these celebs are rly trying to learn the culture and want to have fun and be real
Celebrities joining crypto making this decision https://t.co/pw9mpvxyce
🗞️ Crypto News The launch of Iggy Azalea's new memecoin, Mother Iggy $MOTHER, has been overshadowed by allegations of significant insider trading activity. 🔗 https://t.co/D4vA3FWxGY
Caitlyn Jenner's Solana meme coin has plummeted in value following the launch of an Ethereum version that aims to support Donald Trump's presidential campaign. Click to read: https://t.co/KGAz1kziSh
where is the "scam" part about a celebrity launching a coin and promising nothing when launching it?
Celebrity Tokens Continue to Bleed With Some Memecoin Traders Losing Six-Figures These six tokens from five different mainstream celebrities have similar trading patterns: an initial jump in price before a plummet. https://t.co/AD6YEZFjkq
Caitlyn Jenner Solana Meme Coin Crashes After Launching Ethereum Token to Support Trump ► https://t.co/gzX5VmFefG https://t.co/gzX5VmFefG
CT rushing to buy celebrity memecoins https://t.co/5pymUBgPPT
The celeb coin conversation is a perfect example of narrative following price (not the other way around). If these coins blew up, every crypto bro would be begging every D-list celebrity they could tag to launch one talking about "this is how we onboard the masses".
Listen I’m all for celebs shilling (my bags) But why are we obsessed with “onboarding” celebs into crypto? A-listers have a ton of investments anyway (usually done by their advisors/team), it’s not like they’re outspokenly shilling them all lol
celeb coins aren't automatically bad in concept - they're just being done badly who will be the first celeb to launch a coin, do something real and interesting with it, and not abandon it?
It's getting harder and harder to surprise me in this space, but c'mon: "Jenner launches new $JENNER token on ETH, sending $JENNER token on $SOL down 40%." h/t @BCheque1
Is the top in already? Celebrities have run rampant launching their own memecoins on Solana this week. Read more here: https://t.co/TAUV4Qhmj3 https://t.co/Hx6KakXFJK
Sorry to break it to you but the celebs launching coins instead of buying them is called extraction not adoption
Sorry to break it to you but the celebs launching coins instead of buying them is called extraction NOT adoption
Sorry to break it to you but the celebs launching coins instead of buying them is called **extraction** NOT adoption
With celebrities dropping tokens left and right, remember to tread carefully ⚠️ History shows these often end up at 0. Do your research and think twice about putting your precious crypto into these coins 🫡
Note on celebrity meme coins: > F*cking stupid. Anyone defending this crap is a r*tard. It is not mass adoption, it is celebs looking for a quick and easy pay day from YOU, the idiots that buy it. Horrendous look for crypto.
Is anyone surprised celebrities are jumping in on the memecoin train? 👐 These public figures have power in an attention economy. They have pushbutton communities they can deploy into web3 with a few clicks. But can they do so while maintaining trust and loyalty is another…
Is anyone surprised celebrities are jumping in on the memecoin train? 🧵👇 These public figures have power in an attention economy. They have pushbutton communities they can deploy with a few clicks.
Here’s a novel idea. If a celeb jumps into crypto for the first time and launches a coin as their first move, maybe we don’t glorify them and promote that shit? That wouldn’t be ok for literally anyone else so why is it different for celebrities?
🚨 JUST IN: MOTHER IGGY $MOTHER MEMECOIN IS LINKED WITH ‘HUGE’ INSIDER TRADING ACTIVITY - BUBBLEMAPS
According to Bubblemaps, there is a large amount of insider trading in the memecoin Mother Iggy (MOTHER). More than 20% of the total supply of MOTHER was purchased directly from the issuing team by insiders, and more than $2 million worth of tokens have been sold.…
This guy made $488K in less than 5 hours by trading celebrity tokens $Jenner, a gain of 130x! He spent 1 $ETH($3,762) to snip 429.28M $Jenner(43% of the total supply) on #Ethereum and sold 393M $Jenner for 89 $ETH($338K). He currently has 36.3M $Jenner($150K) left.… https://t.co/7hTVKSjUtB
The celebrities token launches are super annoying. Also quite surprised that there’s a lot of people actually supporting these celebs, claiming that this is bringing adoption for crypto when the celebs are clearly here to make money off their followers.
Stop Buying Celebrity Shit Coins.
Caitlyn Jenner is donating to Trump because crypto is ULTRA $MAGA So far $Jenner has done $10m in volume https://t.co/SfjVMJbtth
I don't mind people having the freedom to launch tokens and shit, but the celeb dick riding has to stop They are not going to bring mass adoption They are broke and only trying to make a quick grift
So let me get this straight: @Caitlyn_Jenner is charging a 3% fee on $jenner token sales and then... donating them to the Trump campaign? Idk campaign finance laws but I think this might be illegal. Foreign nationals aren't allowed to donate to presidential campaigns, but these… https://t.co/kzYtDu33a2
Caitlyn Jenner, a big-name MAGA Republican, who once tweeted that California taxes are “out of control,” is imposing a 3% tax when you both buy and sell her latest ETH crypto token. She also tweeted “NO team tokens” despite the team currently collecting 3% of every transaction. https://t.co/HABPZmmA1o
Celeb coin investors be like https://t.co/m5O6MVXoHN
.@Solana has attracted attention from mainstream celebrities. @Davido, @IggyAzalea, @RichTheKid, @TrippieRedd, and @Caitlyn_Jenner have all launched their own tokens on Solana. @httpsageyd reports
Looks like the $ETH token announcement from @Caitlyn_Jenner was well received judging from the $JENNER $SOL chart. https://t.co/LBoQDnA46v
i feel like $MOTHER could be the outlier that actually does well longer-term - first celeb mover ruined their position by launching another coin - “mother” is memeable - iggy is based - she gives trustworthy vibes - CT seems to like, trust, stan her - the ass is phat 🤷
Caitlyn Jenner Launches $JENNER Token on Ethereum, Solana Token Drops 40%, Ethereum Token Surges 49,452% in 30 Minutes https://t.co/HlnIJ2hr9t
As we understand it, the latest Caitlyn Jenner grift is a NEW shitcoin on Ethereum that has a 3% tax on buying and selling until they hit a $50M market cap and then the tax proceeds will be donated to…*checks notes*…the Donald Trump Super PAC. Jesus Christ. https://t.co/vHIuUYP3Rv
Caitlyn Jenner just announced she plans to have $JENNER listed on coinbase in the future
Oh? What’s that? Caitlyn Jenner’s team says they are not “ABANDONING” their Solana shitcoin but are helping the CAUSE OF CRYPTO by launching on Ethereum AS WELL? Wow — this is some next level bullshit 😂 💀 https://t.co/joVwqb2pZz
🚨WARNING🚨 Caitlyn Jenner's token on ethereum has a function named "_kardashianInflation()" which allows a Kardashian Management Wallet to mint 10 million tokens with zero restrictions. Who is really calling the shots here??? https://t.co/shQwJLaFwy
If you believe D list celebrities launching meme coins is “adoption” I’m sorry you’re a retard
In a shocking transition 🤯 Caitlyn Jenner has dropped a new $JENNER token on ETH. The Solana $JENNER did not like the news, instantly dumping 40% to an $8M mc. https://t.co/QuilRk66yl
BREAKING 🚨: CAITLYN JENNER TRANSITIONS FROM SOLANA TO ETHEREUM https://t.co/6L4GQkYKMY
Celebrities launching scamcoins on Solana is the mass adoption everyone was talking about?
BREAKING: @Caitlyn_Jenner DROPS ANOTHER TOKEN - THIS TIME ON ETHEREUM https://t.co/onZq8TEnOX
Caitlyn Jenner’s token is on $ETH now! https://t.co/NNP4uJAGmM
I don’t care who tells you celebrities launching coins and dumping them on you is a good thing - oppose them. Adoption has already happened. We have TWO ETFs Celebrities launching random coins is not helping adoption. It is self serving only to them. They don’t care about you
Before Iggy Azalea dropped MOTHER, the crypto promoter who led Caitlyn Jenner's meme coin took $380K in presale funds for an unauthorized IGGY token—and then things quickly went south. Click to read: https://t.co/uuKX39bNtS
I don’t understand how these celebrities launching memecoins can help in any way to bring « mass adoption » Imagine you’re a normie and you see your favorite artist launching a coin Let’s say you are interested and you actually buy the coin. There is a very high likelihood that… https://t.co/16tCMDh3Mt
My thoughts on celebrity memecoins The wrong way to do it: someone convinces the celeb all they have to do is post a few tweets while the anonymous party does all the work. This can go wrong in many ways, such as the other party buying up supply & dumping it within the first…
Celebrity attention tokens are retarded The first ones will work due to speculation Instead what celebrities should be doing is finding existing memes and putting their social capital behind them Best example of this is @Banks putting his social capital behind MOG Want to…
ct when a new celebrity launches a coin https://t.co/RTG1CU8RPt
celebrities i haven't heard about launching tokens i don't care about
The paradox of not wanting celebs launching scams but knowing that coins will be higher with them here
Celeb Crypto Handler Takes $380K for Fake Iggy Azalea Meme Coin ► https://t.co/uLbssaIjfx https://t.co/uLbssaIjfx
Celebrities launching their own tokens + insta nuking em from doxxed wallets is wild https://t.co/au76Rc1uhb
Rapper @IGGYAZALEA is the latest celebrity to launch a Solana meme coin, MOTHER—and many traders think she's a "real one" and not just in it for the cash grab. What's the deal? Click to read: https://t.co/mI92SsNr1v
"Celebrities are so interested in crypto and you guys aren't even giving them a chance! Shame on you!" I don't think the path to learning about a new technology involves launching a shitcoin and shilling it to millions of followers who don't know any better. This sucks.
Celebrities dropping coins is bullish af, just don't buy them cause they're all going to zero
I have no real qualms with celeb coins given crypto ethos But I do think they have a lot more responsibility in how they launch and market. That's the consequence of an audience I also don't see why pumpfun launching is the way given how bot targeted it is
The only celeb coin I’d want to buy https://t.co/8SS3Awh4W2
You can’t convince me these current celebs are coming into our space with good intentions. If they really wanted to learn more about crypto, they would be asking questions, getting on Twitter spaces, and trying onchain apps BEFORE launching shitcoins. True retail adoption will…
D-list celebrities entering crypto is just the beginning Sell everything when A-list celebrities start to inevitably show up Last cycle celebs used ETH to scam ppl with NFTs This cycle celebs will use SOL to scam ppl with memecoins The patterns match up😂 Welcome to the 2024… https://t.co/t9Bn9OusGn
Caitlyn Jenner is accused of rug pull crypto scheme. The situation has drawn comparisons to the "RICH" token promoted by rapper Rich the Kid, who claimed his Twitter account was hacked. https://t.co/A3xK7aUmkc
celebrity meme coins are the vapourware of 2017 imo; all destined to go to zero
Celebrities launching coins is mostly uninteresting and nothing new. They can do what they want with permissionless tech and you can choose whether to permissionlessly buy or not. Hopefully we eventually see something more novel and substantial involving personal brands…
these washed up celebrities launching cash grab tokens “for their fans” is such bs this narrative will be old by end of week NFA but don’t fall for it, don’t contribute, just focus your time and energy on other areas that actually accrue value (however you define that)
Look, I’m gunna be the voice of reason here Seems that a bunch of washed-up celebrities come to crypto and their first order of business is launching their own sh*tcoins. “They’re actually interested in crypto”. Surely no paid promotion and no dumping their own coin. Let’s…
[COINTELEGRAPH] Iggy Azalea’s memecoin $MOTHER outperforms alleged scammer Sahil Arora’s $IGGY
2 washed up celebrities launching their own meme coin on the Solana network is terrible for this space People saying they just want to be involved in crypto are complete idiots. Did you make your own meme coin and shill it to your millions of followers just because you “want to… https://t.co/rYrS3U9oSd
🚨✨ Celebrity Crypto Endorsements Gone Wrong! ✨🚨 🚨🔗💥Caitlyn Jenner's bizarre memecoin push follows a string of celebrity crypto flops! From Floyd Mayweather to Tom Brady, these endorsements often lead to scams and huge losses. 🚩💸 Learn more here: 👉… https://t.co/ao6VRPPtBk
The Daily Modern Market Snapshot: Wed 29 May Headlines 👉Iggy Azelea launches $iggy and tweets about $MOTHER From @Tyler_Did_It: "Iggy Azelea has pulled off a successful stealth memecoin launch 🤯 About 2.5 hours ago a token named $iggy launched, briefly spiked to $4-$5M then… https://t.co/mW5bL9izoV
Celebrities entering the space launching coins on @pumpdotfun https://t.co/F56K5aJtwV
CT seeing another celebrity launch a token https://t.co/8YXDDcDPql
Why are celebrities launching & promoting shitcoins?
if celebs suddenly love crypto so much about how come they never come hang out with us in a bear market or spend a meaningful amount of time on CT without instantly dropping an NFT or a coin crazy coincidence i guess. they just wanna learn tho😩😩 i admire their passion
if celebs suddenly love crypto so much about how come they never come hang out with us in a bear market or spend a meaningful amount of time on CT without instantly dropping an NFT or a coin crazy coincidence i guess. they just wanna learn tho😩😩 i admire it