"MOTHER" Clashes with Vitalik over Celebrity Meme Theory! Australian rapper Iggy Azalea fires back with "Gas Fee Tax" statement.

Australian rapper Iggy Azalea's celebrity meme coin "MOTHER," released at the end of May, saw a peak increase of over 3000% and has maintained nearly 700% since its launch. While Iggy Azalea is not the first celebrity to release a meme coin, her criticism from Vitalik due to the involvement of celebrities has sparked a beef between the rapper and Vitalik.

Vitalik: Celebrities issuing meaningless meme coins make me unhappy

"Celebrity meme coins, get lost!" The crypto community has mixed reactions to celebrity meme coins

Meme Coin "MOTHER" Iggy Azalea: Let's Talk Gas Fee Tax

Recently, Ethereum co-founder Vitalik Buterin expressed his dissatisfaction with "this cycle of celebrity endorsements." He pointed out that people are creating these meme coins solely for profit, emphasizing the importance of having a charitable purpose and long-term operation.

In response to this, Iggy Azalea commented during an interview, "I'm not mad at the person's opinion. But I question your actions with Gas Fee, that's a lot of money. Whether your perspective is charitable or not. Anyway, that's a lot of money, let's talk about Gas Fee tax. Maybe some people shouldn't have so much to say."

Iggy Azalea may be trying to blame Vitalik for the high Gas Fee on Ethereum, but Gas Fees are mostly earned by validation nodes, and Vitalik is more of an indirect beneficiary as he holds ETH, so the issue is not directly related to making money from Gas Fees.

Uniswap Founder Not Opposed to Celebrity Memes: Can Respond Positively to Vitalik

Uniswap founder Hayden Adams supports this trend. He believes there is no problem with meme or celebrity coins. "I think meme attention is valuable, and it's cool that it can create a market. In other words, the fundamental purpose and value of the technology far exceed financial games. The best builders in the field are inspired by positive social change."

He mentioned that Iggy could have responded positively and donated profits to social causes or other initiatives. Instead, she arrogantly treated the best builders in the field poorly just for self-validation, as Iggy made a rather derogatory meme.

Meme Coin "MOTHER" is Supporting Koala Rescue Efforts

After some controversial statements, Iggy Azalea's "MOTHER" website started donating to koala rescue charities using MOTHER tokens. This is a visible act of kindness amidst the noise of celebrities profiting from meme coins.