18 Jul 2024 Samantha McLauren
Iggy Azalea’s Mother Iggy Meme Coin Makes Headlines Following New Partnership
Iggy Azalea's Solana meme coin, Mother Iggy (MOTHER), has experienced a significant surge after the Australian rapper partnered with DWF Labs, a prominent crypto investment firm. In other news, ETFSwap (ETFS) is the next altcoin poised to rally over 50%, and many investment firms and traders are choosing to partner with the platform.
Mother Iggy Surges 30% Following DWF Labs Partnership
Iggy Azalea’s Mother Iggy's (MOTHER) bullish momentum has rekindled the excitement among traders in the crypto community. The renowned Australian rapper shared the news of a partnership between her meme coin and DWF Labs with her followers of 7.7 million via X (formerly Twitter). The token surged over 30% after the announcement. According to CoinGecko data, Mother Iggy (MOTHER) was at $0.026325 on July 10 but surged to $0.048311 on July 11.
The controversial meme coin, Mother Iggy (MOTHER), is consolidating after the bullish spike on July 11 and is trading at $0.03755. Investors are currently unsure of the movement of Mother Iggy (MOTHER); however, public sentiment remains hopeful.
The commercialization of celebrity meme coins launched by Iggy Azalea and Andrew Tate became a topic of discussion in the crypto community, as well as the ethics and motives behind them. Vitalik Buterin, the co-founder of Ethereum, publicly criticized the celebrity experimentation with meme coins. He reasoned that these schemes aim to enrich celebrities and early adopters.
Iggy Azalea, however, assured her followers last month that Mother Iggy (MOTHER) would be accepted as a payment method for cell phone plans, as a way to bring some utility to the meme coin and counter the narratives being pushed by her critics. Weeks later, the Australian rapper announced a strategic partnership with DWF Labs.
While Andrei Grachev, the founder of DWF Labs is yet to comment on the news, the firm’s official X handle tweeted the announcement on July 7th. The development has lit a glimmer of hope in the crypto community as to the motives behind celebrity meme coins.
ETFSwap (ETFS) Set To Become A Financial Revolution
Staking tokens on platforms is one of the passive ways to make money in the crypto space. ETFSwap (ETFS) makes it easy for traders to stake tokens on their platform for passive income. The platform also offers the flexibility of accessing a wide range of tangible assets as tokenized ETFs to stake.
Furthermore, users can swap these tokens between crypto and listed ETFs to increase their chances of making profits on their investments. In addition to staking, investors and traders can use ETFSwap (ETFS) leverage options to strengthen their trading positions by up to 100x their initial investment.
ETFSwap (ETFS) offers industry-leading AI-advanced trading tools like the ETF Screener and ETF Tracker. Users on the platform can leverage these trading tools to make informed decisions and effective trading strategies to implement for their portfolios.
ETFSwap (ETFS) also has features designed to help traders and investors effectively manage their risks. For one, 24/7 market coverage and access help traders open and close positions at will, responding to every opportunity in the market. This feature also allows traders to swiftly close their trades in response to adverse market conditions.
Finally, ETFSwap (ETFS) completed KYC verification by Solidproof, a Smart contract security auditing firm on the 10th of July. The process involved verifying the identity of the team and project ownership. The procedure highlights ETFSwap's (ETFS) commitment to protecting investors against fraud.
Conclusion
Despite Mother Iggy’s (MOTHER) bullish momentum and the recent partnership making headlines, investors can take advantage of yet another prime opportunity making waves in the crypto community. ETFSwap (ETFS) is on presale at $0.01831 with a 50% bonus. Use the promo code “ETFS50” to get started.
Cryptocurrency meme Memecoins ETF
