Transgender media personality Caitlyn Jenner launches meme coin JENNER, showing support for Trump and crypto-friendly initiatives
A new meme coin called JENNER has unexpectedly caused a stir in the cryptocurrency market. It is purportedly issued by the American celebrity Caitlyn Jenner. Despite reaching over $100 million in trading volume within 24 hours, its legitimacy has been widely questioned.
Who is Caitlyn Jenner? At the age of 74, she is an American media personality and former Olympic decathlon gold medalist. In 2015, she publicly disclosed her transgender identity. As a Republican, she also ran for Governor of California.
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Jenner's Credibility Questioned Immediately After Going Viral
The meme coin JENNER deployed its token using the Solana token deployer Pump Fun and released the JENNER token. Within less than 24 hours after the release, its trading volume soared to over $100 million.
The initial announcement came from Jenner's Twitter account, but the crypto community immediately expressed skepticism, suspecting it could be a hack as the account might have been compromised. Unlike the typical outcome of such events, where security teams would usually intervene promptly, Jenner's account continued promoting the JENNER token hours after the initial tweet. This ongoing activity further heightened confusion and suspicion.
Later on, Jenner also posted a video confirming that she did indeed launch the meme coin. However, many users remained skeptical, believing the video could be deepfake technology.
Some even took to the prediction platform PolyMarket to speculate whether Caitlyn Jenner's account was hacked, but it seems that the majority believe Jenner did genuinely release the meme coin.
Supporting Trump's Stance
In Caitlyn Jenner's post about the meme coin release, it included a photo of her with former President Trump, claiming that she, like Trump, is passionate about cryptocurrency. This adds a political dimension to the issuance of this meme coin.
Trump's pitch: If you support cryptocurrency, you better vote for Trump
