Caitlyn Jenner, an American media persona and a former Olympic gold medal winner, has a unused meme coin she’s selling by means of her X account. Dubbed $JENNER, the token used to be introduced at the Solana-based decentralized alternate (DEX), Pump.a laugh.
Regardless of the confusion from a number of crypto nation contributors on X, the meme coin has soaked up a marketplace capitalization of over $24 million, in step with information from the on-chain analytics platform DEX Screener.
Jenner Promotes Untouched Meme Coin
On Would possibly twenty sixth, Jenner’s X account started publicizing the meme token hours next the crypto-friendly Donald Trump promised to “keep Elizabeth Warren and her goons away from [Americans’] Bitcoin.” The Olympian persona has been a vocal supporter of Trump in his presidential marketing campaign towards Joe Biden.
Week Jenner started selling the Solana-based meme coin below her identify by means of X, she adopted some well-known crypto figures. The media persona and her intended supervisor, Sophia Hutchins, reassured the crypto nation via video clips that Jenner’s account used to be now not hacked. Nonetheless, a number of customers claimed that Jenner’s video used to be a deepfake.
Jenner’s supervisor knowledgeable customers by means of X Areas that Jenner used to be out taking part in golfing and unavailable to walk are living.
In not up to 24 hours of launching the meme coin, $JENNER has captured a millions-worth marketplace cap and $183 million in buying and selling quantity. The Solana-based token has soared by means of 39,000% to a buying and selling value of $0.024. This surge is fueled by means of Jenner’s immense fans on social apps. She has 3.3 million fans on X and 15.6 million enthusiasts on Instagram.
Is It Actual or a Hack?
Regardless of the movies shared by means of Jenner and her supervisor and the mem ecoin’s marketplace efficiency, its authenticity remains to be wondered amongst customers.
Lavish the Child, an American rapper, noticed his X account selling a meme coin the similar method Jenner’s X take care of is lately doing. Then again, those tweets had been taken indisposed.
An X person, CodeXBT, said that one evil participant is at the back of the crypto ads on each accounts. The person added that “a known grifter” from the AVAX ecosystem known as Sahilsays is at the back of the assault.
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