You issue coins, I issue coins, most of the memes are just garbage! Celebrities need to be careful when crossing into other circles!

The Era of Entertainment and Traffic Kings, the chaotic world of hip-hop rap has been significantly purified by the ruthless exposure from Northeast gem Lao Jiu, just as the lyrics say:

You are ungrateful, backstabbing,

All comparing with each other, no sense of justice.

You think you’re tough, okay, you ranked first this time.

I’m not just saying you’re mostly trash.

They have no culture, no quality, no conscience.

Now some celebrities rely on traffic and fans to cross into other fields and issue coins, using the native "minting rights" of cryptocurrency to monetize, crazily harvesting fans and machines, just like the overnight surge of 30,000% for JENNER coin and MOTHER coin.

JENNER coin is associated with a person named Caitlyn Jenner, and the token's avatar is also her own image. This coin was initially launched on the Solana MEME coin launch platform Pump.fun.

Caitlyn Jenner is a typical populist, the number one supporter of Trump, with "Make America Great Again" as her motto, as a well-known member of the Kardashian family in America, she has a significant influence on social media, so many of her statements can spark heated discussions and quickly trend.

Caitlyn Jenner, who has 3.35 million followers, tweeted that she would make America great again, thus announcing her entry into cryptocurrency, along with a token address from Pump.fun. This move coincided with Trump’s recent crypto declaration, implying that America’s crypto is equally important. This single tweet directly caused JENNER coin to surge by 30,000% in 24 hours, but this period was filled with FOMO, hackers, lies, and a display of human nature, the truth of the facts has become irrelevant, and the monetization of celebrity traffic is very real.

The volatility of MOTHER coin is related to another rapper star, Iggy Azalea. This female rapper has considerable traffic and status in the U.S., is a social media expert, and has many brands and fans interacting with her, giving her a certain level of influence.

The incident began when Sahil stated on his TG channel that he would help female rapper Iggy issue a coin. This Sahil, an Indian, is also a social media expert, closely related to Caitlyn Jenner, Soulja Boy, Rich The Kid, Kazumi, and Ivana Knöll. It seems he also issued the previous Jenner coin on her behalf. Caitlyn Jenner recently mentioned Iggy Azalea, stating that they were both celebrating Solana Summer, and Sahil’s announcement to help Iggy issue a token naturally attracted a large number of fans. Additionally, Iggy really began posting crypto-related tweets, prompting fans to send money to the provided address to participate in the presale, just waiting for the final coin issuance.

The drama during the waiting period was that someone discovered the Pumpfun image for MOTHER coin was Iggy's selfie with her prominent backside, causing the hype to shift to $MOTHER, which surged. However, shortly after, Sahil posted a Pumpfun link for the $iggy token, seemingly leading users to flock to $iggy, causing MOTHER coin to drop again. Logically, this should have settled down, just waiting for Iggy to tweet a call to action, but the drama continued as Iggy did tweet, but the contract was for MOTHER coin, resulting in a crash for $iggy and a surge for $MOTHER, leaving users feeling tricked and increasing the risk of both tokens.

At this point, can we sing: "You issue coins, I issue coins, most of the memes are all trash, they have no culture, no quality, no conscience!" But in the crypto world, who is the gem Lao Jiu to uphold justice?

However, we may be able to see something. Indeed, some high-traffic celebrities are entering the crypto space, which is definitely a good thing for the cryptocurrency industry. This has been seen in previous bull markets, such as the last NFT bull market, where a large number of celebrities issued NFTs. This time, it’s about issuing MEME coins. Solana seems to be the first choice for these people entering the crypto space, and it’s worth paying attention to what impact this has on the Solana chain and SOL token.

From experience, these coins are easy to trap people; if you don’t participate at the first moment, the risk is extremely high. The tokens are easily influenced by the protagonist's statements, and after the hype, they are likely to return to zero.