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Home » Iggy Azalea Takes a Unique Approach to Combat Scams: Introducing Her Own Currency
Iggy Azalea Takes a Unique Approach to Combat Scams: Introducing Her Own Currency
Iggy Azalea Takes a Unique Approach to Combat Scams: Introducing Her Own Currency
DeFi

Iggy Azalea Takes a Unique Approach to Combat Scams: Introducing Her Own Currency

05/30/20242 Mins Read
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Pop sensation Iggy Azalea has made a bold announcement, stating that she will burn her own cryptocurrency coins whenever a celebrity coin is deemed to be a scam. This move is aimed at building trust and integrity within the crypto community and distinguishing herself from other controversial celebrities. Azalea expressed her desire to be a positive force in the industry during an interview on X Space. She also discussed her initial involvement in crypto and her motivation for being a part of the culture. In order to maintain the integrity of her coin, Azalea plans to have a market maker in place by the end of the day. However, despite her efforts, Bubblemaps recently claimed that insiders had purchased a significant portion of her token’s supply before its launch. The supply auditing tool platform alleged that insiders bought 20% of the supply and then sold it for $2 million before Azalea made the official announcement. However, Dominium, a user on X, refuted these claims, suggesting that the transactions in question were carried out by miner extractable value (MEV) bots, which exploit publicly available transaction data and do not require non-public information. In related news, a leaked document revealed a list of celebrity prices for the Caitlyn Jenner meme coin, shedding light on the alleged mastermind behind the project.

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