Rapper Iggy Azalea’s MOTHER token on Solana saw a spark of buying and selling ask over the weekend, surging to an all-time high trace on Saturday—handsome days after it launched. And the musician, who has been broadly embraced by Crypto Twitter, continued her constant tweeting with a familiar-looking profile image (PFP) in tow.
Azalea started rocking a customised Mad Lads PFP on Friday, at some point after the Solana venture tweeted out a customised honorary avatar for her that develop into once it appears essentially essentially based totally on a portray reference. Mad Lads is the most necessary Solana NFT series by a huge margin, in the intervening time standing at over $10,300 price of SOL on secondary marketplaces.
Someday after equipping the PFP, Azalea’s MOTHER token jumped to a unique height trace of $0.08952, per info from CoinMarketCap, giving it a market cap of $88.7 million.
The price fell by almost half of by Sunday night, but then rebounded all once more on Monday, almost matching the outdated height sooner than beginning to dip all once more. As of this writing, MOTHER sits at a trace above $0.72, giving it a market cap over $70 million. It’s up 34% on the day.
🖌️🚤🌴🥂 pic.twitter.com/t5ItnXOFkV
— AurorYann (@YannPenno) Could perchance 31, 2024
The rapper’s crypto market entrance closing week develop into once marked by drama. She launched the token after controversial crypto promoter Sahil Arora—who had helped deploy Caitlin Jenner’s meme coin earlier in the week—teased an IGGY token and mild $380,000 price of presale funds for a token that in some arrangement had nothing to enact alongside with her.
Azalea talked about that in some arrangement she determined to not work with Arora, and tweeted at him publicly to “rob your L and ride already.” Azalea develop into once widely praised by traders on Twitter for being so heavily engaged and admitting that she develop into once studying as she went, promising that the meme coin wouldn’t be a easy cash take hold of or pump-and-dump.
Almost a week later, she’s unexcited in the enviornment (of Crypto Twitter), spreading memes and rocking a customised PFP as her token all once more flirts with increased gains.