For the age day, a arguable superstar token pattern has emerged. Mainstream media figures started launching Solana-based memecoins and apparently appearing pastime in cryptocurrencies.
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The original superstar to connect the fame token frenzy is Australian rapper Iggy Azalea, who noticed a arguable forming related to Caitlyn Jenner’s JENNER token.
Who Is Solana?
On Monday, Azalea stunned the crypto family by means of appearing pastime in cryptocurrencies. The rapper and style posted on X asking, “Who is Solana? I don’t know that bitch.”
The publish has amassed over 1.8 million perspectives and brought about controversy in numerous communities. “Stan Twitter” interpreted the publish as a drag to American R&B singer SZA, which brought about many fanatics to assault Azalea. Alternatively, the rapper temporarily clarified the problem, replying, “Girl, I’m talking about crypto.”
![Solana](https://www.newsbtc.com/wp-content/uploads/2024/05/IMG_3336.jpg?w=860&resize=860%2C824)
Then that, Azalea discovered her advent to the crypto family overshadowed by means of the allegations of her involvement with alleged scammer Sahil Arora. As reported by means of NewsBTC, Arora used to be allegedly answerable for the forming of a number of superstar and influencer tokens, which he in the end rugged.
Rapper Lavish The Child and Olympian Caitlyn Jenner referred to as him out for scamming them and making the most of their fans. Each celebrities endured their crypto go, selling their tokens and tasty with family individuals.
Following the rip-off allegations, Arora apparently has endured to profit from crypto buyers. Azalea is accusing the alleged serial scammer of “using her image” because the rapper distances herself from his practices.
In The Fastlane From Song To Crypto
Azalea defined that Arora and her workforce had a dialog referring to crypto, however her lately introduced token used to be unrelated to him. Allegedly, Arora had fabricated faux screenshots and impaired the rapper’s title to lift over $380,000 in a presale for a token named IGGY.
As an X person reported, Arora claimed to be operating with the Australian rapper on Telegram. He mentioned that his nearest “mega launch” would occur within the nearest 12-24 hours.
Then elevating 2.246 Solana (SOL), the alleged scammer instructed buyers they’d get “automating WL to all further launches.” Moreover, buyers would obtain a “10% SOL airdrop rationally” from Arora’s income on every forming and an “airdrop of $iggy when we hit $10m market cap.”
![Solana](https://www.newsbtc.com/wp-content/uploads/2024/05/IMG_3337-e1716994124424.jpg?w=860&resize=860%2C666)
Alternatively, Azalea introduced a special Solana-based token referred to as MOTHER on Tuesday. The token references the LGTBQ+ tradition time period that were given popularized in recent times in on-line stan tradition.
Azalea’s token used to be introduced only some hours then Arora’s IGGY token, which at a loss for words buyers. Then being requested, the rapper defined that she introduced her Solana-based token to ban Arora from making the most of her title:
I by no means had a time to, it used to be one thing I had pastime in therefore the convo with my ppl. He made a unusual presale the day before today and mentioned I used to be creating a coin with him these days so I made up our minds to loose one so he couldn’t significance me for his bizarre rip-off. If I’ve a coin of my very own figured his would die. It’s that easy.
The family endured wondering her hyperlinks to Arora then posting an Instagram tale with a person taking a look like him. Alternatively, it used to be upcoming viewable that the person used to be Azalea’s brother, Mathias Kelly.
MOTHER Beats IGGY
In keeping with Solana Flooring, MOTHER reached a marketplace cap of $50 million at its top. The token soared by means of 63,000% in refer to hours, going from $0.00004968 to $0.03179.
![Solana](https://www.newsbtc.com/wp-content/uploads/2024/05/Captura-de-Pantalla-2024-05-29-a-las-10.01.18-a.-m.png?w=860&resize=860%2C348)
Within the extreme 16 hours, the token has gathered a buying and selling quantity of $126.8 million. At writing year, MOTHER is buying and selling at $0.01634, representing a 21,000% surge from its forming worth.
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Compared, Arora’s IGGY token noticed its worth jump to $0.009288 then forming earlier than plummeting beneath the $0.00020 length. Recently, the rip-off token trades at $0.0001354 and has a marketplace capitalization of $134,000.
![solana, SOL, SOLUSDT](https://www.newsbtc.com/wp-content/uploads/2024/05/SOLUSDT_2024-05-29_07-42-03.png?w=860&resize=860%2C484)
Featured Symbol from Wikipedia.com, Chart from TradingView.com