Rapper Iggy Azalea Enters the Crypto World With Her $MOTHER Meme Coin

By Jace Dela Cruz

Jun 13, 2024 05:16 AM EDT

Rapper Iggy Azalea, known for hits like "Fancy" and "Black Widow," is venturing into the cryptocurrency world with the launch of her meme coin, Mother Iggy or $MOTHER.

Rapper Iggy Azalea Enters the Crypto World

According to Forbes, Iggy Azalea, an Australian rapper who gained fame in 2014 with her debut album "The New Classic," is now stepping beyond the music industry with her latest venture in the crypto world.

$MOTHER was co-founded by Azalea on the Solana blockchain. It promises to be more than just a meme token as it also aims to represent a community dedicated to fun and education about cryptocurrency. 

Azalea told Forbes that she wanted to be a sort of "godmother" in onboarding celebrities and regular people into the crypto world.

READ NEXT: US Is Pursuing Nearly $200,000 USDT From Binance That Was Part of $1 Million Pig-Butchering Scam

Markets Await Fed Interest Rate Announcement And Inflation Numbers
NEW YORK, NEW YORK - JUNE 12: Rapper Iggy Azalea is given a tour of the New York Stock Exchange by trader Peter Tuchman during morning trading on June 12, 2024 in New York City. The three major stock indexes opened up high amid an interest rate decision by the Federal Reserve and May’s consumer inflation data that showed inflation falling slightly to 3.3%.
(Photo : Michael M. Santiago/Getty Images)

The $MOTHER Community 

Iggy Azalea plans to actively participate in the $MOTHER community, creating meme-worthy content and interacting with fans and investors.

The rapper hoped $MOTHER could be a positive example of how entertainers should approach the crypto world by fostering genuine engagement in the community rather than seeking quick profits. 

READ MORE: Canada Slaps Binance With $4.38 Million Fine for Violating Anti-Money Laundering and Terrorist Financing Laws 

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics