This Week in Crypto Twitter: Celebs Dive into Crypto (Back)

This Week in Crypto Twitter: Celebs Dive into Crypto (Back)


Description by Mitchell Prefer for Decrypt.

No one misses the happy days of random celebrities long gone. Immersion headfir To crypto, rejoice! We seem to be back in that completely absurd part of the cycle.

In a Mad Lib-esque incident, a pump.fun Solana meme coin named after Caitlyn Jenner Schilling was launched this week in an attempt to help Donald Trump's presidential campaign.

The prospect of Jenner suddenly being involved in such a corrupt corner of the cryptosphere has many questioning the authenticity of the article—prompting the reality star to post a video confirming that it's all true.

Then, the plot only thickened. Apparently, the launch of the token was led in part by a controversial crypto-promoter named after him. Sahil Arora. Within hours of the launch of the token, Jenner on A Decrypt A journalist says that Arora cheated.

Minergate

Jenner They spoke Decrypt Shortly after the simulation began, Arora said she went “radio silent” on what it took to pull the rug. Although Arora said at the time that he worked on crypto projects with other celebrities, other public figures, including rapper Rich The Kid, took to Twitter to call the influencer a fraud.

Not long after, Jenner announced that she had started a career. brand new A token of the same name on Ethereum. At this point, Crypto didn't have Twitter. The first sign on Solana immediately It's broken.

If only the madness would end there. In the midst of the Jenner saga, rapper Iggy Azalea He jumped A vaguely pro-crypto tweet to crypto talk.

After all, nothing in this industry is by chance. Azalea soon revealed that she had teamed up with Sahil Arora to launch a meme coin. Until she decides, “He's mean.”

A frenzy soon ensued, with Aurora apparently raking in hundreds of thousands of dollars in proceeds from pre-pirate sales. Unauthorized Azalea tokenAnd Azalea to launch her Self mark.

The narrative is so convoluted that some have speculated that the entire plot – controversy and all – was orchestrated by Arora from the start.

Soon, Azalea became a Crypto Twitter favorite by appearing on Twitter Spaces and convincing many.

At some point, it can be emotional Opened on AzaleaActivity on the chain suggested some insider trading activity on her “mother” token.

But the symbolism of “Mother” has been mixed ever since. boasts a 74 million dollars Market capitalization as written.

Edited by Ryan Ozawa.

Daily Debrief Newspaper

Start every day with top news stories, plus original features, podcasts, videos and more.



Leave a Reply

Pin It on Pinterest