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The crypto world is buzzing with the rise of celebrity memecoins. Caitlyn Jenner and Iggy Azalea lead the charge, creating their digital tokens on the Solana blockchain. This trend has been fueled by platforms like Pump.fun, which simplify issuing new memecoins.
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The recent frenzy of celebrity memecoins mirrors the celebrity NFT craze of the 2021 cycle, bringing with it big risks, and possibly signalling tough times ahead for the crypto market. Most celeb memecoins launched during the current craze are way down on their all-time highs.#memecoin🚀🚀🚀
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Kim Kardashian holds ETH, promoting crypto with influencer-style flair.#etf
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CR7 partners with Binance for NFT and fan token promotions.#Binance
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Here’s today’s snapshot for Stellar (XLM): Slight daily gain amid neutral technicals; bullish chart signals brew, but resistance near $0.27 may cap upside. #XLM
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