Meme Mother Iggy (MOTHER) Coin Soars 120%, Check Here!

JAKARTA - Mother Iggy (MOTHER), a meme coin launched by Australia's famous rapper, Iggy Azalea, has recorded a spectacular price spike. On Thursday,MOTHER's value jumped more than 120%, peaking at a price of 0.2306 US Dollars (approximately IDR 3.733), an all-time high based on data from CoinGecko.

A fully diluted assessment of MOTHER has now almost touched the figure of a quarter billion US dollars, a surprising achievement for crypto assets that have just entered the market. According to information from U.Today, this spike was triggered by a massive purchase by a whale that attracted US$1.54 million (approximately IDR 24.9 billion) in Solana (SOL) form from Binance to purchase 8.6 million MOTHER tokens at a price of 0.1789 US Dollars (approximately IDR 2.896) per token, according to an analysis from Lookonchain.

Although currentlyMOTHER is only available on some minor crypto exchanges such as HTX, MEXC, and CoinEx, its popularity continues to increase in line with considerations from other exchanges for listing. This phenomenon shows that celebrity power has a significant influence in the crypto world, not only in terms of market value but also in attracting public attention and investors.

Iggy Azalea, whose name soared thanks to a hit Fancy' in 2014, has now become a hot topic in the crypto community. Vitalik Buterin, co-founder of Ethereum, has even commented on the trend of celebrity cryptocurrencies, expressing his discomfort with the trend. Azalea, with her trademark, responded through a meme featuring herself carrying a baby with Buterin's face, signaling her unshakable attitude towards criticism.

At the age of 33, Azalea is not only active in music but also in interaction with the crypto community. He often shares his thoughts about rising celebrity coins compared to established meme coins such as dogwifhat or Pepe, which have been listed on large exchanges and have a billion-dollar valuation.

Mother Iggy's presence (MOTHER) in the crypto market marks a common ground between the world of entertainment and financial technology. The surge in MOTHER's value not only emphasizes the interest of celebrities in influencing the market but also highlights the great potential of integration between crypto and pop culture.