Solana (SOL)-Based Memecoin MOTHER, Created by Iggy Azalea, Sees Price Surge Following New Announcement
The world-renowned rapper Iggy Azalea’s memecoin MOTHER, built on the Solana (SOL) blockchain, has experienced a significant uptrend in its value after a recent update.
In a market where Solana-based memecoins are gaining traction, MOTHER stands out as a new addition to the scene, attracting the attention of investors since its launch in May.
The latest announcement from Iggy Azalea revealed that MOTHER holders will soon have the opportunity to use their tokens to purchase phones and monthly cell phone plans from the telecommunications company co-owned by the rapper.
Taking to her X account, Iggy Azalea stated, “Tomorrow, I’m relaunching the telecommunications company I co-founded, and you’ll be able to buy phones or monthly cell plans using MOTHER or Solana (SOL). The advertising campaign and launch are scheduled for later this week. Exciting!”
Following this news, MOTHER experienced a price surge of over 20% in the past 24 hours, currently trading at $0.187.
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