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Impact of Caitlyn Jenner's endorsement on Pumpdotfun memecoin price by August 2024
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Story
Caitlyn Jenner Promotes Pumpdotfun Memecoin Amid $100 Million Trading Volume and AI Manipulation Allegations
May 27, 2024, 01:28 AM
Caitlyn Jenner has entered the cryptocurrency space by promoting a new memecoin called Pumpdotfun on her social media platforms, including Instagram and X, where she has a combined following of nearly 19 million (15.6M on Instagram and 3.3M on X). Despite initial speculation of her accounts being hacked, her manager, Sophia Hutchins, confirmed on live X spaces that Jenner's promotion was legitimate and not the result of a hack. The token, also referred to as $Jenner, has generated significant attention, amassing over $100 million in trading volume. Hutchins also revealed that Sahil, known for previous cryptocurrency scams, is behind the $Jenner token. Additionally, there are allegations of AI manipulation related to the token.
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