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Celebrity memecoins highlight crypto’s influencer problem

Celebrity memecoins highlight crypto’s influencer problem

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Source: Coin Telegraph

Celebrity memecoins have become the latest crypto trend in 2024, with a slew of celebrity endorsements.

Celebrity memecoins are the latest influencer crypto trend, with the likes of Katlyn Jenner and Iggy Azalea recently launching their own memecoins. 

However, like each bull cycle, several celebrity-linked projects have already been accused of retail dumping and scamming unsuspecting amateur investors, highlighting the crypto market’s long-running issue with influencers.

Every bull cycle, celebrities jump on the latest trend.

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Author: Prashant Jha