Rapper Iggy Azalea has made significant strides in the cryptocurrency world with her 'MOTHER' memecoin, which generated $194 million in one week. The coin briefly soared above a $200 million market cap before stabilizing at $165 million. Azalea's entry into the crypto space has sparked controversy, particularly after Ethereum founder Vitalik Buterin criticized the memecoin. Despite facing backlash for her understanding of blockchain technology and gas fees, Azalea's venture has proven financially successful.
Iggy is the new Vitalik? https://t.co/xOp3076lri
“Iggy doesn’t even know how the blockchain works or what gas fees are used for” -nerd who’s whole portfolio has been outperformed by silly memecoins this cycle
“Iggy doesn’t even know how the blockchain works or what gas fees are used for” -nerd who’s whole portfolio has been sidelined this bullrun
people are clowning iggy about vitalik's "gas tax" but that's legit how 99% of the world thinks ethereum works. or they think that hayden gets money from uniswap swap fees and when i explain how it actually works (block fees, decentralised ownership), they roll their eyes
Iggy Azalea might just be the only celebrity who's truly mastered the crypto game. https://t.co/fDV8y2YhYw
Iggy Azalea has made more money in crypto than almost all of you. And she doesn’t know how the blockchain works. You might as well give up.
I would say a good 50% of crypto native individuals haven’t delved deep enough to understand what gas fees are actually used for anyway 😹😹😹 @IGGYAZALEA messes up and all of the sudden we’re all extremely studious bro it hasn’t even been 2 weeks for her 😭😭😭
After watching the iggy podcast, I had to do some of my own research into this “gas tax” What I found will shock you Vitalik has received nearly 900 MILLION dollars in gas tax fees. Is this fair??? https://t.co/RctViKNoHE
my thoughts on @IGGYAZALEA’s “what are you doing [about] gas fees” moment on @notthreadguy’s podcast; whether or not she understood, in the podcast, where gas fees actually end up, there is a point to be made from this angle: @VitalikButerin initially criticized Iggy’s $MOTHER…
Just found on @IGGYAZALEA podcast that Vitalik has been pocketing all the Ethereum gas fees since the start. Brave for her to expose this scam Is this why Satoshi is anonymous? Imagine all the Bitcoin fees going straight to his pocket, WOW Does SBF still keep Solana's fees too?
entire timeline is mad at @IGGYAZALEA because “she doesn’t know how blockchains work” and “thinks gas fees go to vitalik” sorry geniuses, but where do you think gas fees go??? gas is “burnt” to the benefit of ETH holders. vitalik holds a lot of ETH. gas fees DO go to him ⛽️ https://t.co/8ipsg2q8Lg
Everyone is hating on Iggy Azalea for daring to ask what Vitalik Buterin does with the network's fees but that only makes me more interested in uncovering the truth about our gas tax https://t.co/IJOLPdKufQ
what the hell is an ethereum gas fee vitalik are you just taking my money?!?!
iggy is an idiot vitalik doesn’t even need to dump the gas fees on you guys https://t.co/hfySsoCcjD
for real tho what is vitalik doing with all that gas money
Did Iggy think that Vitalik was keeping the gas fees for himself? 🤣 Everyone in web3 deserves so much more money.
Iggy Azaela joined crypto last week https://t.co/Wk6RBWMK8y
This is Iggy Azalea Rapper, mother, OF creator, turned crypto founder Here’s the untold story behind her $200M celebrity meme coin: 1/12 https://t.co/QUVK7EF1nr
hey vitalik what are you doing with gas money? we all want to know https://t.co/6HURiOXU58
Rapper @IGGYAZALEA's MOTHER memecoin has more than doubled since catching flak from Ethereum founder Vitalik Buterin. $MOTHER briefly soared above a $200M market cap and now sits at $165M. Read more: https://t.co/FsCwNpZgHr https://t.co/JlKOkzAWIG
.@IGGYAZALEA is cashing in on crypto, as her "memecoin" makes $194 million in one week. https://t.co/KtmrZH77oH
[FORTUNE] Iggy Azalea is cashing in on #crypto, as her ‘memecoin’ makes $194 million in one week