- Iggy Azalea’s latest tweet on Solana illustrates movie star participation in crypto.
- Twitter discussions drive market sentiment, affecting token valuations considerably.
Amidst the frenzy of institutional curiosity in crypto, celebrities are diving into the digital gold rush! The newest to affix the enjoyable is Australian rapper extraordinaire, Iggy Azalea.
In her newest X (previously Twitter) submit, Iggy expressed her intrigue by questioning,
“Who’s solana…? I don’t know that b***h.”
The neighborhood goes berserk!
This prompted fairly a stir in the neighborhood, particularly when Bonk’s [BONK] official account joined the dialog.
The Solana [SOL]-based meme coin account responded with a contact of sarcasm, merely saying,
![BONK's tweet](https://ambcrypto.com/wp-content/uploads/2024/05/BONKs-tweet.webp)
![BONK's tweet](https://ambcrypto.com/wp-content/uploads/2024/05/BONKs-tweet.webp)
Supply: BONK/X
Including to the listing was American tv character Caitlyn Marie Jenner, who requested,
“Haven’t you heard? It’s Solana summer time?”
Nevertheless, not everybody seized this chance to debate crypto, some misunderstood the scenario. However Azalea was fast to right detractors.
![Iggy Azalea](https://ambcrypto.com/wp-content/uploads/2024/05/Azalea.webp)
![Iggy Azalea](https://ambcrypto.com/wp-content/uploads/2024/05/Azalea.webp)
Supply: Iggy Azalea/X
Whereas Azalea is the newest to affix the dialog, she isn’t the only hip-hop artist who has displayed curiosity in cryptocurrency this week.
Becoming a member of the development, ‘Rich the Kid’, who not too long ago made waves together with his look on Kanye West’s hit observe “Carnival,” additionally unveiled plans for his personal token launch.
Amidst this light-hearted dialog, nonetheless, a unique approach emerged when an X user – ‘Spy’ replied to Azalea’s tweet and stated,
“Are u involved with Sahil? he’s claiming you’re.”
Is Azalea concerned in Sahil Arora’s rip-off?
For context, Sahil Arora is an alleged serial scammer who launched faux meme cash for celebrities. Nevertheless, Azalea clarified that she just isn’t linked to Sahil and his presale.
![](https://ambcrypto.com/wp-content/uploads/2024/05/Sahil-Arora-1-e1716982073238.webp)
![](https://ambcrypto.com/wp-content/uploads/2024/05/Sahil-Arora-1-e1716982073238.webp)
Supply: Iggy Azalea/X
How did Solana react to this?
Apparently, this dialogue had a minor impression on the Solana token, which skilled a modest improve of 0.94% previously 24 hours.
Furthermore, the Solana memecoin market cap at the moment stands at $11 billion, reflecting an 8.2% change within the final 24 hours in response to CoinGecko.
This was additional confirmed by AMBCrypto’s evaluation of Santiment’s knowledge on Social Dominance, revealing a major surge previously 24 hours.
![SOL's Santiment](https://ambcrypto.com/wp-content/uploads/2024/05/SOLs-Santiment-scaled.webp)
![SOL's Santiment](https://ambcrypto.com/wp-content/uploads/2024/05/SOLs-Santiment-scaled.webp)
Supply: Santiment
In conclusion, this latest market situation underscores the affect of social media on token costs, notably evident in meme-based cash.
Traditionally, Ethereum [ETH]-based meme cash like Dogecoin [DOGE], Shiba Inu [SHIB], and Pepe have skilled vital fluctuations, typically pushed by Elon Musk’s tweets.
Now, we observe an identical development extending to Solana-based meme cash.