As 2024 continues to be the year of the meme coin bull, the tokens issued on the Solana network in particular have made their mark this year. Solana meme coins have made such a big impact that celebrities are finally getting in on the action.
Social media used its power
Caitlyn Jenner, the famous US television programmer and former gold medalist athlete, recently issued a coin in her name. Even though her fans claimed that her X account had been hacked, Jenner later said that the hack was not true and that she had sent the tweets herself, inviting her followers to buy her token. Jenner, a Trump supporter, has 3.3 million followers on X alone. This is very important for her to use her social media power…
Finally, she mined other coins and made $400,000
While Jenner’s video and tweets attracted the attention of the crypto world, on-chain tracking firm Lookonchain also scrutinized the movements of the famous programmer and eventually reached interesting details.
Jenner, who initially issued coins in his own name only, then made it even bigger! Jenner, who invested only 1.3 SOL in the coin she issued in his name, made a huge profit and earned 252 SOL.
Jenner then invested these SOL tokens in other tokens she issued and made a profit from them as well. After each profit, Jenner sent the SOL tokens to his Binance address, thus realizing his profits.
It is seen that Jenner issued a total of 12 meme coins, using the names of other celebrities, and that she himself bought these coins and eventually obtained 2381 SOL (approximately $405,000).
