Crypto Twitter This Week: Celebrities Are Jumping Into Cryptocurrency

Who misses the long heyday of some random celebrity? dive head first With cryptocurrency, rejoice! It seems we’re back to the completely absurd part of the cycle.

In a Mad Lib-like turn of events, the week began with Caitlyn Jenner shilling a Pump.fun Solana meme coin named in an apparent attempt to support Donald Trump’s presidential campaign.

The prospect of Jenner suddenly becoming so involved in the corrupt corners of cryptocurrency led many to question whether the post was legitimate. This prompted the reality star to post a video confirming that it was all real.

The plot thickened from there. Apparently, the token launch was partly ushered in by the controversial cryptocurrency promoter. Sahil Arora. Just hours after the token was launched, Jenner tweeted: decryption The journalist claimed that Arora had scammed him.

zener said decryption Arora gave her “radio silence” immediately after the token was released, which she took as pulling the rug out for her. Arora claimed that she collaborated with other celebrities on cryptocurrency projects at the time, but other celebrities, including rapper Rich the Kid, took to Twitter to accuse the influencer of being a scammer.

Soon Jenner realized that she new It is a token of the same name on Ethereum. Until this point, Crypto Twitter had no such feature. Solana’s original tokens will be issued immediately. fall.

If only the madness had ended there. In the middle of the Jenner saga is rapper Iggy Azalea. jumped up He entered the cryptocurrency discourse through vague pro-cryptocurrency tweets.

As it turns out, there is nothing left to chance in this industry. Azalea revealed that she contacted Sahil Arora about launching a meme coin soon. Until she decided, “He’s a bitch.”

Madness soon followed, with Arora raking in hundreds of thousands of dollars in proceeds from pre-sales of duds. Azalea token not approvedAzalea fires her. own token.

The narrative has become so convoluted that some have theorized that the entire plot (controversy and all) was orchestrated by Arora from the beginning.

Soon, Azalea became a Crypto Twitter darling, attending Twitter Spaces and assuring many that she was entering the industry for the right reasons.

Emotions may appear at some point. I turned on the azaleaFollowing on-chain activity, insider trading activity on her “mother” token was suggested.

But the “Mother” token has since become a huge hit. it boasts $74 million Market capitalization at the time of writing.

Edited by Ryan Ozawa.