Iggy Azalea criticizes ETH creator Vitalik Buterin, TOKEN2049

Rapper Iggy Azalea seemingly dissed Vitalik Buterin and his fellow attendees at TOKEN2049 in Singapore, dismissing the ethereum co-founder's numerous panel discussions and chants as “a piece of loser shit.”

In a social media post on Saturday, the “Fancy” singer responded to critics, saying: “I'm not complaining about seeing you all mumbling around on conference stages singing songs about crypto or other nonsense; I'd be too embarrassed to post it.”

See below.

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Although Azalea didn't mention Buterin's name, it was clear who she was referring to.

ethereum (eth) co-founder Buterin appeared on stage at TOKEN2049 and sang a song about cryptocurrencies. Tron founder Justin Sun tweeted the video of his performance and claimed that it “takes a lot of courage.”

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Azalea gains support

Certain members of the crypto community criticized Azalea after videos and photos from her crypto-themed event in Las Vegas were posted online.

Azalea, whose real name is Amethyst Amelia Kelly, quickly responded with several x.com/IGGYAZALEA/status/1837436679566557487″ target=”_blank”>tweets.

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Azalea, 34, organized the event to promote her meme coin, MOTHER, as well as her new casino, Motherland.

The rapper added that those critics would “cry” if they knew who was in that building to attend her event.

Other members of the crypto community, even those who were not in attendance, came to the Australian star's defense:

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Azalea prefers Solana over ethereum

Azalea's comments didn't stop there. She went a step further and also criticized the eth network. The rapper x.com/IGGYAZALEA/status/1837670634496647335″ target=”_blank”>narrated an incident that occurred while he was on a plane where a “tradfi guy” sitting next to him asked him about eth.

Azalea said he advised her to buy Solana (SOL), citing its entry price and that it was better suited for retail expansion.

The rapper also reiterated her stance in another x.com/IGGYAZALEA/status/1837671758372982850″ target=”_blank”>tweetpraising the Solana network for the way it handles congestion. He also added a screenshot of his Google search where the result mentions that Solana generally handles network congestion better.

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One of the reasons for their support for Solana is that their meme coin, Mother Iggy, is a SOL-based coin. MOTHER quickly gained popularity when it was launched on May 29, 2024.

Despite only being around for a couple of days, the meme coin saw its price surge to an all-time high of $0.2406 on June 6. That was an increase of roughly 1400% from its all-time low of $0.004545 on May 31.

However, the meme coin has lost over 70% of its value since its ATH. But amidst all the hype around Iggy's party and his tweets, MOTHER has surged over 22% in the past 24 hours, according to CoinMarketCap data.

'Never touch a celebrity memecoin'

The one-sided feud between Azalea and Buterin began after Andrew Saunders, director of marketing and growth at ethereum Virtual Machine (EVM) blockchain developer Skale, criticized celebrity involvement in cryptocurrencies.

“I come from Hollywood and I would never touch a celebrity memecoin,” Saunders said. said Cointelegraph on TOKEN20249. Saunders warned holders: “You're going to get left in the lurch.”

In June, Buterin also attacked celebrity meme coins.

“I'm not very happy with the 'celebrity experimentation' this cycle has had so far,” he told x.com. “How can we take things in a better direction?”

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