- A few days after releasing MOTHER, the musician Iggy Azalea started tweeting about the meme while sporting a personalized Mad Lads PFP.
Just a few days after its launch, rapper Iggy Azalea’s MOTHER token on Solana saw a spike in trading activity over the weekend, rising to an all-time high price on Saturday.
The musician—who has received a lot of support from Crypto Twitter—kept up her consistent tweeting while carrying around a rather recognizable profile image (PFP).
One day after the Solana project tweeted out a bespoke honorary avatar for her that was reportedly based on a photo reference, Azalea began donning a custom Mad Lads PFP on Friday.
With almost $10,300 worth of SOL in secondary markets, Mad Lads is currently the most valuable Solana NFT collection by far.
Azalea’s MOTHER coin reached a new peak price of $0.08952, according to CoinMarketCap statistics, one day after fitting the PFP, giving it a market valuation of $88.7 million.
By Sunday night, the price had dropped by almost half, but it rose once again on Monday, almost reaching the previous top before it began to decline once more.
MOTHER’s market capitalization is currently over $70 million, with a price exceeding $0.72 as of this writing. It has increased 34% today.
Trades on Twitter commended Azalea for her intense involvement and admission that she was learning as she went along, assuring them that the meme coin would not be a straightforward cash grab or pump and sell.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
