This Week on Crypto Twitter: Celebrities Dive (Back) Into Crypto

This Week on Crypto Twitter: Celebrities Dive (Back) Into Crypto

Anyone nostalgic for the long-gone heyday of random celebrities In a Mad Lib-esque turn of events, this week kicked off with Caitlyn Jenner shilling a Pump.fun Solana meme coin named in an apparent attempt to aid Donald Trump’s presidential campaign.make america great again!!!   and we love crypto!  https://t.co/SiYwteBGkv @pumpdotfun pic.twitter.com/3IDlAoaQJq— Caitlyn Jenner (@Caitlyn_Jenner) May 26, 2024The prospect of Jenner abruptly getting so involved in such a degenerate corner of the cryptosphere led many to doubt the post was legit—prompting the reality star to post a video confirming it all was real. $Jenner no deep fakes. All real crypto. $113.5M volume in just over 4 hours. Trade here: https://t.co/SiYwteBGkv pic.twitter.com/gyobXOddzI— Caitlyn Jenner (@Caitlyn_Jenner) May 27, 2024From there, the plot only thickened. Apparently, the token’s launch was partially guided by a controversial crypto promoter named FUCK SAHIL! He scammed us! BIG TIME! @Ryan_S_Gladwin https://t.co/flSWpT872g— Caitlyn Jenner (@Caitlyn_Jenner) May 28, 2024Jenner Stay tuned for the official RTK token ! pic.twitter.com/5fvyeaM5wL— Rich The Kid (@richthekid) May 27, 2024Soon, Jenner announced she had launched a im officially the 2nd worse person to migrate from solana to eth— Frank (@frankdegods) May 30, 2024You wrecked your Solana token holders today. Wrecked us.This is not protecting crypto. I never thought we would actually need Gary Gensler to step in and do something here.— Wen Moon – MAKE $JENNER ON SOL GREAT AGAIN. (@WenMoonTok) May 30, 2024If only the inanity had ended there. In the midst of the Jenner saga, the rapper Iggy Azalea Crypto is sexy— IGGY AZALEA (@IGGYAZALEA) May 29, 2024Turns out, nothing’s a coincidence in this industry. Azalea soon revealed she had also been in contact with Sahil Arora about launching a meme coin. Until she determined that “he’s a bitch.”I was in contact enough to smell he’s a bitch https://t.co/XUTOBFgScS— IGGY AZALEA (@IGGYAZALEA) May 28, 2024Madness soon ensued, with Arora amassing hundreds of thousands of dollars in proceeds from a presale of a rogue, apparently The narrative got so convoluted that some theorized that the whole plot—controversy and all—was orchestrated by Arora from the beginning. If you see any of these ‘celebs’ talking shit on Sahil, you best believe it’s also paid promo. The man is operating on a different level. 4D Jeet chess. https://t.co/CUkH21J98Q— Avery Bigweapon (@AveryBigweapon) May 28, 2024Soon, Azalea became a darling of Crypto Twitter, attending Twitter Spaces and convincing many that she was entering the industry for the right reasons. • said she pays people in crypto• is aware she isnt as knowledgeable about the space but wants to learn• thinks crypto is interesting & not going away, more to crypto than just trading• memes are like internet culture & community, would be down to come to a conference https://t.co/GUnaxfw6S0— Ansem ️ (@blknoiz06) May 29, 2024At some point, it appeared sentiment may have We found huge insider activity on $MOTHER Insiders bought 20% of the supply at launch, before Iggy Azaela (@IGGYAZALEA) made the announcement, and already dumped $2M.A thread ↓ pic.twitter.com/tQFHt1yZfO— Bubblemaps (@bubblemaps) May 29, 2024So let me get this straight. Celebs stealth launch tokens. Snipe their own launches from multiple wallets. Then post about them for their fans as they start using them for exit liqudity almost immediately. Easy 8 figs if well executed. Maybe more for A listers. Crypto is a scam.— Beanie (@beaniemaxi) May 29, 2024But the “Mother” token has since become a smash hit. It boasts a Iggy Azalea’s $MOTHER is just not stopping Up 330% on the day to $69M and flying.It’s now up 15x in the past 1.5 days.Our new crypto mother may have just been anointed… pic.twitter.com/mdW2uMwuCX— TylerD ‍♂️ (@Tyler_Did_It) June 1, 2024Edited by Ryan Ozawa.