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Caitlyn Jenner launches her own token on Solana and causes a sensation
On the 27th of this month, Caitlyn Jenner, father of the famous Kardashian dynasty, decided to venture into the crypto world by launching her namesake token $Jenner on the Solana blockchain.
And who is Caitlyn really? Formerly known as Bruce Jenner, Olympic medalist, television personality, and transgender person with over 3.3 million followers on X.
On the morning of the 27th, I was surprised to see Jenner posting a photo with Trump on X exclaiming: “Make America Great Again… We love cryptocurrencies”. What an explosive combination.
In the same post, he promoted his token $Jenner, including a direct link to buy it and tagging several influential accounts in the crypto sector. What followed was impressive: in just one hour, the market value of the token exceeded 7.8 million dollars.
The madness continued and in 24 hours $Jenner experienced a stratospheric increase of 29.659%, reaching a market capitalization of about 15 million dollars.
Honestly, these celebrity launches seem more and more like a quick way to make money than projects with real value. How long will this craze for celebrity tokens last? Only time will tell.
Notice: These opinions are from third parties and do not constitute financial advice. It may include sponsored content.