Celebrities have pressed their footprints in advertisements, politics, business, welfare activities, and more. That’s not all, they have dipped their toes in the crypto industry, launching and promoting degen tokens and memecoins in their name! A pure celebrity memecoin fever has woken up! Is your favorite celebrity into crypto? Check out these celebrities and degen tokens linked to them.
$MOTHER by Iggy Azalea: A singer’s quest for crypto
Iggy Azalea, an Australian rapper and songwriter, launched the Mother Iggy (MOTHER) token in May 2024 on the Solana blockchain. According to CoinMarketCap, the token stands at $0.007084, with a 6.44% surge in the past day. Do you wanna grab a phone? In the future, you can get one from Iggy Azalea’s telecommunications company using the MOTER token! Crypto exchange SwissBorg noted that the token will soon be used as a real-world utility asset.
Caitlyn Jenner’s $JENNER: Token that went up and then down
An American media personality who passionately got into the world of crypto, launching the token JENNER in 2024. The memecoin creation launchpad Pump.fun witnesses the token launch on the Solana blockchain.
However, backlash whipped the JENNER token. Allegations broke out against the media personality for purchasing nearly 44.56 million tokens for 1.3 SOL and selling them, earning huge returns in just a few hours. A classic pump-and-dump scheme, as stated by several crypto traders!
$DAVIDO- Davido, the Afrobeat waves meet meme token
Nigerian-American singer Davido’s Timeless Davido (DAVIDO) token gained mass hype, reaching a market cap of $10 million within 4 hours after launch. Although the token gained momentum during the early periods of launch, it faced scrutiny from the US Securities and Exchange Commission (SEC) for a lack of fundamental value.
Donald Trump’s $TRUMP: A president’s love for memecoins
The US President Donald Trump’s TRUMP coin might be a well-known degen token for you. In January 2017, the memecoin was officially promoted by the President, enticing memecoin lovers. 80% of the tokens are controlled by Trump-associated companies, while the remaining portions were initially released for the public during the initial coin offering. The token is currently priced at $9.90.
$FLOYD, a memecoin token named after Floyd Mayweather
Inspired by former American boxer Floyd Mayweather, the FLOYD token is a degen token not officially backed by him. Reportedly, it is more like a community-created memecoin based on Solana. Its market cap stays at $12,000 with 996 million tokens in circulating supply.
Not just these degen tokens associated with celebrities have stirred up hype among memecoin lovers, there are more in the queue; more legitimate and even less trustworthy ones, that have sparked the interest and doubts among crypto investors. As long as fans continue to chase celebrities, the tokens they launch could likely attract more investors, regardless of the story behind them.
