Amidst the frenzy of institutional interest in crypto, celebrities are diving into the digital gold rush! The latest to join the fun is Australian rapper extraordinaire, Iggy Azalea.The community goes berserk!However, not everyone seized this opportunity to discuss crypto, some misunderstood the situation. But Azalea was quick to correct detractors.While Azalea is the latest to join the conversation, she isn’t the sole hip-hop artist who has displayed curiosity in cryptocurrency this week.
For context, Sahil Arora is an alleged serial scammer who launched fake meme coins for celebrities. However,She indicated that they were initially interested in a coin with real utility, outright disapproving of Arora’s presale tactics.Interestingly, this discussion had a minor impact on the Solana token, which experienced a modest increase of 0.94% in the past 24 hours.
Moreover, the Solana memecoin market cap currently stands at $11 billion, reflecting an 8.2% change in the last 24 hours according to This was further confirmed by AMBCrypto’s analysis of Santiment’s data on Social Dominance, revealing a significant surge in the past 24 hours.In conclusion, this recent market scenario underscores the influence of social media on token prices, particularly evident in meme-based coins.Ishika is a graduate of Political Science from the University of Delhi. From writing content as a hobby to now pursuing it as a professional career, she has been living and breathing content all her life.