Memecoins
Iggy Azalea mocks Ethereum’s Buterin after meme coin criticism
Alex Dovbnja
The Iggy Azalea meme has had a mixed reception within the cryptocurrency community
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Australian rapper-turned-crypto-influencer Iggy Azalea has it ruffled some feathers in the cryptocurrency community after posting a meme mocking Ethereum co-founder Vitalik Buterin.
Azalea’s meme depicts her holding a baby with the head of the prodigy behind the second largest cryptocurrency. The rapper’s caption says Buterin was just “angry” (a combination of hungry and angry).
This came after Buterin criticized celebrity meme coins in early June. In his response to a post about Azalea’s newly launched Mother Iggy (MOTHER) token. The Ethereum co-founder said he is “pretty unhappy” with the latest meme coin craze. According to him, celebrity encryption projects should have some sort of public good goal and at the same time feature “fun mechanisms.”
While many cryptocurrency enthusiasts took the meme in jest, Uniswap co-founder Hayden Adams was apparently annoyed that Azalea derided the “best builder” in the cryptocurrency industry as a needy, hungry child. “Iggy could have responded positively and used the profits to donate to a social cause or something. Instead, she patronizes the best builder in the entire space, proving her point,” he said in a post on the social network .
After retiring from music due to steep commercial decline, the “Fancy” hitmaker is now seeing some early successes with her cryptocurrency project launched in early March. MOTHER continues to beat expectations, rising as much as 21% in the past 24 hours. According to CoinGecko, its fully diluted valuation currently stands at $132 million data.
About the author
Alex Dovbnja
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience covering everything related to the burgeoning industry, from price analysis to Blockchain disruption. Alex has authored more than 1,000 stories for U.Today, CryptoComes, and other fintech media. He is particularly interested in regulatory trends around the world that are shaping the future of digital assets; he can be contacted at alex.dovbnya@u.today.