Hi everyone, I'm asking because I've witnessed a memecoin named MOTHER, which is backed by Iggy Azalea, go from a $100k market cap to over $100M in less than 7 days, with the potential to even hit $1B, in my opinion. That's amazing and electric if you ask me.
Did you follow this meme coin? What's your opinion on it, and do you think we'll see more memecoins backed by celebrities?
Well this is nothing new. It's the usual advertising that they do but instead of it being of a product that they get a cut from, it's for a coin.
Do you think they really care about crypto or even know what that project is about?
They absolutely don't !
You might be new in the crypto space and haven't seen this happen but this is quite the norm for some time now. Just search for Mcafee tweets back in the day. It was quite the show.
If you want real coins with value and purpose, do your research and don't depend on some celebrity who's just trying to make money off of you.