In the world of cryptocurrency, celebrity has always been a force to be reckoned with. Recently, Jupiter Slorg’s latest statistics show that 30 celebrities have joined the ranks of issuing meme tokens on the Solana blockchain last month, including tokens from well-known figures such as Andrew Tate and Soulja Boy.
However, the market performance of these celebrity tokens has been shocking, with the average value falling by a staggering 94% from its peak. Even the best-performing tokens have suffered a loss of more than 70%, and half of the tokens have lost more than 99% of their value.