Despite Vitalik’s unhappy stance with the rise of celebrity crypto in this cycle, these tokens have continued to pop up and garner attention from investors. The latest, WATER, endorsed by Lionel Messi, one of the best soccer players in the world, has performed impressively in the markets. Here are three celebrity cryptos like WATER you can dive into today.
1. Celebrity Crypto –WATER (WATER)
Water is the latest celebrity crypto meme coin to take off. As of the time of writing, WATER is trading at $0.000917, a 205% increase in the last 24 hours.
Water coin launched 14 days ago and immediately price crashed 93%, a sign of a typical rug-pulled project. However, over the following days, the Water developer was busy working a way out.
WATER’s price jumped 418% on July 8 after Lionel Messi, the most famous footballer in the world, shilled the token on his Instagram stories. The meme coin has retraced as earlier buyers take profit. The hype around the coin will determine if it goes any higher than that.
With a total supply of 73 billion tokens, Water is sitting on a $67 million market cap. At an all-time high WATER’s market cap surpassed $800 million and investors wonder whether it can return to these heights.
2. Mother Iggy (MOTHER)
Mother Iggy is a sensation in the crypto space, the brainchild of the music superstar Iggy Azalea. The celebrity, who is popular for flaunting her body on the internet, has been vocal about her token, securing partnerships with MadLabs NFTs and Tensor.
MOTHER has a total supply of 990 million tokens and exists on the Solana blockchain. It has been posited that non-crypto people don’t like Ethereum because of all the nerdiness, in addition to the high gas fees. Based on this, Mother is poised to perform even better because of the chain it was launched on. Furthermore, given the majority of Azalea’s followers may not be into crypto yet, MOTHER represents a mass-marketing opportunity to onboard non-crypto users to the blockchain.
The price of MOTHER sits at $0.0345 and the token is 86% down from its all-time high. Nevertheless, crypto enthusiasts still maintain that Mother Iggy is a once-in-a-lifetime opportunity and will hit a $1 billion market cap. MOTHER has a market cap of $34 million, while at an all-time high, it hit over $250 million. Azalea has participated actively in Mother Iggy’s X (formerly Twitter) spaces, displaying her knowledge about crypto and Web 3.0.
3. Daddy Tate (DADDY)
The Daddy Tate meme coin launched 29 days ago on the Solana blockchain, just a few days after Mother Iggy went live. DADDY is a meme coin inspired by the iconic internet personality Andrew Tate. On June 13, the community officially took over Daddy Tate after the developer abandoned the project. Mr. Tate has been very vocal about the DADDY token and has purchased several huge amounts repeatedly since June 11.
$DADDY the purging fire of $TRW pic.twitter.com/sH0VTWOWzC
— Top G Mastery (@topgmastery) July 4, 2024
DADDY’s price is hovering around $0.1549 after dropping by 13.8% in the last 24 hours. DADDY hit an all-time high price of $0.36 on June 12 before it began to retrace, falling as much as 79% in just a week. However, since hitting the bottom on June 21, DADDY’s price has been in an uptrend inside a rising channel.
The price of DADDY may rise by 40% in the next few days to test the $0.22 resistance level. If bulls prevail, the price may break beyond that resistance and head for the previous all-time high price in another 57% burst. On the flip side, if the bears prevail, DADDY may break below the rising channel and head for the next major support around $0.07.
Conclusion
While celebrity crypto meme coins like Messi’s WATER continue to attract attention, a bigger narrative is building. The 2024 bull run may be the biggest in all bull cycles owing to how many non-crypto individuals have been on board so far this year. From BlackRock’s RWA tokenization program through Ondo Finance to Telegram’s Notcoin and Hamster Kombat, and now on to these celebrity tokens, the amount of liquidity that will hit the crypto space when the bull run begins will push prices to unprecedented levels.
The post 2 Celebrity Crypto Like Lionel Messi’s Water You Should Buy appeared first on CoinGape.
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