A new meme coin called JENNER has unexpectedly caused a stir in the crypto market. It was allegedly issued by American celebrity Caitlyn Jenner, but its legality has been questioned despite reaching over $100 million in trading volume in 24 hours. generally skeptical.
Who is Caitlyn Jenner? Now 74, she is an American media personality and former Olympic decathlon gold medalist. She disclosed her transgender identity in 2015. As a Republican, she once ran in the California gubernatorial election.
Table of contents
ToggleJenner’s credibility was immediately questioned after she became famous
Meme currency JENNER issued JENNER tokens using Solana token deployer Pump Fun . In less than 24 hours after its launch, its trading volume surged to over $100 million.
The initial announcement came from Jenner's Twitter account, but the crypto community was immediately skeptical, believing it could be a hack because the account could have been compromised. Unlike the typical outcome of such incidents, where security teams typically intervene quickly, Jenner's account continued to promote JENNER tokens within hours of the initial post. This continued activity further fuels confusion and suspicion.
Later, Jenner also appeared in a video , saying that it was indeed a meme coin issued by her. Still, many users remain skeptical, believing the footage could be a deepfake.
Some people are even predicting whether Caitlyn Jenner's account has been stolen on the prediction platform PolyMarket, but it seems that most people think that Jenner really issued a meme coin.
Support Trump's position
In Caitlyn Jenner’s post about issuing meme coins, she included a photo of her with former President Trump and claimed that she shared Trump’s love for cryptocurrency. This gives the memecoin issuance an even more political dimension.
( Trump canvasses: If you support cryptocurrency, you’d better vote for Trump )
