Lately, show business stars and other famous personalities have been launching their meme coins more and more often.
Iggy Azalea, Caitlyn Jenner, Lil Pump - just to name a few.
How do such stories usually end? A sharp drop of 99% after a short-term pump.

Love Skoda cars, Bitcoin, and sports, especially the NBA. Living life to the fullest, blending passions, work, and sports into a harmonious life.

Almost all of these celebrities are not interested in developing products; their goal is to make quick money by launching tokens and selling them at the start. In the worst case, they will pay a fine. We will become exit liquidity for them.

Don't even try to play this. Most often, such tokens are bought on insiders, and sold on pumps, after the publication of artists.
It is important to understand that this is just the beginning. At the peak of the cryptocurrency market, celebrities, as a rule, massively promote dubious projects.

You shouldn't blame them for this. This is their business and their attitude towards the fans. Just accept it as part of the market game.
In the table, we showed examples of how stars launch their crypto projects during a bull market and how it ends. #cryptomeme #meme

Of the latest examples, only Iggy Azalea's $MOTHER coin is staying afloat thanks to the support of influencers. But her ending is predictable: she will follow the fate of her brothers. It's only a matter of time 🫡