Iggy Azalea's Meme Coin Is Three Times Bigger Than Andrew Tate's

In 2021, it seemed like every celebrity was getting involved in the cryptocurrency industry through non-fungible tokens.

Bored Ape Yacht Club (BAYC) and CryptoPunks were the most popular collections, and megastars like Eminem and Justin Bieber (just to name a few) sported nfts as their profile pictures on twitter (now x).

Three years later, it appears that several celebrities are returning to cryptocurrencies, this time through meme coins.

Iggy Azalea's MOTHER Meme Coin

At the end of May, Australian model and rapper, Iggy Azalea, announced her own cryptocurrency.

Marked MADRE, the token rallied, hitting an all-time high of around $0.27, putting it at a market capitalization close to $300 million. It is currently trading with a market capitalization of around $150 million.

The coin was mired in controversy and caught the attention of ethereum co-founder Vitalik Buterin. By sharing his thoughts on this and the broader trend of celebrity meme coins, x.com/VitalikButerin/status/1798290424622113230″ data-wpel-link=”external” target=”_blank”>saying:

I'm pretty unhappy with “this cycle's celebrity experimentation” so far. (…) Ashton and Mila's Stoner Cats was far more honorable than anything we've seen in this era of 2024 celebrity meme coins; at least a real show was funded.

Mockingly responding to this statement, Azalea said that she was “just hungry.” x.com/IGGYAZALEA/status/1798471807647068297″ data-wpel-link=”external” target=”_blank”>destination Another meme.

Andrew Tate's coin

Some time ago, Andrew Tate said:

I will never launch a cryptocurrency, I just like to fuck with cryptocurrencies on twitter. Because crypto twitter is full of the biggest degenerate losers on the planet.

Plot twist: He actually launched his own cryptocurrency. Branded as RNT and following the trend of offensive abbreviations a few days ago, RNT saw the light of day a couple of days ago and is currently trading with a market capitalization of around $50 million.

In addition to RNT, many other cryptocurrencies were created, while Tate commented:

“There are a lot of people asking me about all this chaos I have created in the cryptocurrency markets while trying to collapse Solana. Millions of tweets have been made today because of me and my stupid tweets, I have made a complete mess. I'm sure some people made millions of dollars off of me…”

<!– ai CONTENT END 1 –>