A wave of celebrity-endorsed cryptocurrencies, often referred to as 'celebcoins' or 'celebrity memecoins,' has recently emerged, drawing mixed reactions from the crypto community. Critics argue that these tokens are 'value extractive garbage' and accuse celebrities of exploiting their fan base for financial gain. Some community members call for these coins to be devalued swiftly, while others find the trend amusing and entertaining. Notably, Bobbi is among the latest celebrities to launch a coin. The phenomenon has sparked a debate over the legitimacy and purpose of these celebrity-backed digital assets.
all these celebrities returning to crypto is so funny
How Many Celebs Can Launch Shit Coins?! It's Actually Entertaining At This Point. Send Them All To Zero.
Coins bounce 1% 6 celebrities tweet about crypto and/or drop a coin Fuck off
celebrity meta is so cooked 😭 bobbi launching a coin now? https://t.co/H28SZBX7NQ
The celeb coins. https://t.co/GyHySFxoWF
Celebrity memecoins Get in and get out https://t.co/kDh4ucXq9N
a couple more celebrity shitcoin launches then up only https://t.co/P9u6AxEeHW
Community notes here is goated. Get all these celeb coins to zero with haste. Value extractive garbage. If rich never need a coin. Dumping on fan base. https://t.co/tx5zrhNXCR
Crypto twitter every time a celeb launches a token https://t.co/Rwkc2SA8JA
Celebcoins ✊ https://t.co/13ZTQidG4W