JENNER, a supposed Solana-based crypto token, sparked mixed feelings among the crypto community on Monday after drawing the attention of investors and reaching a trading volume of over $250 million in just a few hours.
token, an alleged meme coin by celebrity Caitlyn Jenner, stormed the crypto market on Monday.
token launches Celebrity Caitlyn Jenner's X account announced the launch of a pump.fun Solana-based token has not ceased to raise questions from crypto enthusiasts on its genuineness. A few hours after its launch, the token hit $100 million in trading volume. At the time of writing, it has already amassed over a quarter billion in trading volume across different token pairs, according to data from GeckoTerminal.
token being genuine. Also read:Ethereum may shoot past $4,000 as Michael Saylor believes spot ETH ETF will help Bitcoin I was not hacked. My manager just joined the community space and answered all the questions of the participants- as I was out golfing. We are sending this coin to the moon! said Caitlyn on X. However, the crypto community remains divided on the matter, with some expressing doubts about the sustainability of celebrity-associated memecoins and the potential risks involved.
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