Meme coins are still hot, and many "large MC memecoin" projects have been born in the past few days. First, there is the Kardashian family's $JENNER, and then there is the $PEW that many KOLs are chasing after. Last night, American celebrity Iggy Azalea released the celebrity coin $Mother, and the plot is full of twists and turns, even more exciting than the previous $JENNER. Followin previously reported on $JENNER in detail: it rose 30,000% overnight. American celebrity Katherine Jenner released Trump concept MEME coin?
Let's look at what happened last night.
1. American star Iggy Azalea released the meme coin $Mother, and investors were fooled
Concept Token: $MOTHER (+30000%)
The story of $Mother coin is quite exciting. KOL @0xSun reviewed the whole process. It can be said that even some KOLs were deceived.
It was another exciting night. Although it was not as brain-burning and tortuous as the last Kardashian family Jenner drama, it was still full of drama. The protagonist tonight was the female rapper @IGGYAZALEA Sahil, the agent of Jenner, and the best male partner is Jingtao, a well-known player on the chain @muzzyvermillion
The story started in the early hours of yesterday morning, when Sahil said in his Tg channel that he would help Iggy issue coins, and gave an address saying that the first 100 wallets that sent money would be eligible to participate in the pre-sale. Iggy is a female star with good traffic and status abroad, and she is well-known in China because she dated Nick Young. The 100 positions were quickly filled, and a few minutes later Sahil suddenly said that he would expand the number of wallets to 700. This suspicious move, coupled with Sahil's own notorious reputation, cast a layer of doubt on this matter. I participated in the pre-sale of 30SOL with a gambling mentality. During the day, IGGY really started to post Crypto-related tweets, which made her credibility in issuing coins tonight soar, but she also claimed that she would not cooperate with Sahil.
The theme of the evening of the 28th was naturally to wait for Iggy to release the coin. Sahil announced the time at 6 a.m., but there was no movement on Iggy's Twitter. At this time, the best supporting actor Jingtao appeared. He found that the picture of this coin named $Mother in Pumpfun was Iggy's butt selfie, and he tried to reverse index this picture with the image search engine, and even searched through Iggy's Onlyfans, but could not find any photos from a similar angle. This made him suspect that this coin was the coin that Iggy himself wanted to release. In addition, group member @0xEdwin999 found that the front row chips were basically not shipped, which was rare for the coins launched by Pumpfun. Therefore, for the market value of about 2M at the time, the profit and loss ratio was very high.
But just as we were discussing the above conclusion, Sahil sent a Pumpfun link, which was the $iggy token he released himself. $Mother fell in response, and I chose to cut my losses. I found that the Pumpfun sent by Sahil was already full, so I decided to snipe the opening of $iggy. I was lucky enough to buy it in the second place. I cost 30SOL and finally made a profit of 368SOL. In fact, the selling operation here was not done well, because time was tight after the opening, and I did not realize that I snipe more coins than the pool, which resulted in excessive fluctuations in several sales and the price was also average. Otherwise, I should be able to make a profit of more than 1000SOL.
Later, Sahil said that Iggy would tweet to support $Iggy soon, but the latter's Twitter did not move for a long time, so everyone was skeptical about the authenticity of this coin. After more than two hours of suffering, Iggy suddenly posted a tweet with the $Mother contract. In an instant, $Mother soared 10 times, while $iggy plummeted. After seeing the tweet, I bought back 40SOL of $Mother at an average price of 7M. It is currently 14M, and Ansem retweeted it. Phantom Wallet also posted a message "Don't disappoint your mother..." Let's see to what extent this celebrity coin can ferment.
The one who suffered the most in the whole incident was Jingtao. He tweeted that he guessed $Mother correctly, but after seeing the release of $Iggy, he chose to sell $Mother and chase $Iggy at a higher price. In the end, he also lost money on $Iggy. What was even more uncomfortable was the feeling of having made all the right predictions but made all the wrong operations. He even changed his avatar from God of Gamblers Chow Yun-fat to football comedian Balotelli... As for Sahil's pre-sale, it turned out that he had bad intentions from the beginning. He said that what he would get from the pre-sale would be the whitelist of his subsequent projects and part of the profits. This method of writing a blank check was no different from Rug.
2. BlackRock IBIT Bitcoin holdings surpass Grayscale GBTC for the first time
As holdings continue to flow out, Grayscale GBTC finally fell from the altar of the largest Bitcoin spot ETF, and the new king BlackRock ascended the throne. Grayscale itself also realized the arrival of this day, so on May 25, Grayscale GBTC's official website removed the description of "the world's largest Bitcoin ETF". As of May 29, GBTC held 287,450 BTC and IBIT held 288,670 BTC. Yesterday, the US Bitcoin spot ETF had a net inflow of US$43.3 million, with net inflows for 11 consecutive trading days.
3.DWF Partner: We are in contact with some MEME coin projects and are willing to deploy funds to promote their growth
Concept Token: $LADYS
DWF Labs partner Andrei Grachev revealed on the X platform that he is in contact with some MEME coin projects and is willing to deploy a large amount of funds to promote faster and more efficient growth of related projects. More new news will be released later.
Shortly thereafter, Spot On Chain disclosed on the X platform that DWF Labs had previously sent 5 million USDT to the official wallet address of LADYS starting with "0xeffb", which means that DWF Labs may have purchased LADYS worth 5 million USDT off-site. It is reported that the address starting with "0xeffb" seems to be the official address of LADYS, which minted 834,720 billion LADYS in May 2023. Affected by this news, LADYS rose rapidly, with a daily increase of more than 20%.
You can follow DWF's more actions in the meme track in the future.
4. UniSat: After the Pizza redemption event ends, airdrops will be made to users within 7 days
UniSat posted on the X platform that the Pizza inscription collection page now displays a progress bar. When the progress bar reaches 100%, the Pizza collection activity will automatically end. After the activity ends, UniSat will count the results and airdrop to users within the next 7 days. Earlier news, UniSat announced that it will airdrop the "pizza" inscription to eligible user wallets, and the current collection progress is 95%. Collection link: https://unisat.io/pizza
As the leading Bitcoin native wallet, the meme attribute "pizza" inscription released by UniSat is worthy of attention and may provide investment opportunities.
