US rapper Gazzy Garcia, better known as Lil Pump, has stirred the online cryptocurrency community with his latest social media antics.
Lil Pump made headlines today after revealing a new forehead tattoo that puzzled the cryptocurrency community. The artist showcased his fresh ink on social media, featuring the word “Solana” and the cryptocurrency’s logo prominently displayed across his forehead.
In his post, Lil Pump captioned the photo of his tattoo,
“Like my new tats? I sold my Sol,”
leading many to believe that he had not only tattooed Solana on his forehead but also sold his Solana ($SOL) tokens. This move seemed contradictory and sparked confusion and criticism among his followers and the broader crypto community.
However, in a new comment responding to a social media post, the rapper clarified that he meant to say,
“Like my new tats? I sold my soul,”
suggesting it was a humorous statement rather than a financial one. This correction did little to quell the amusement and bewilderment that had already taken over social media.
I sold my Sol. when Binance?
ca: 9vrGUHwsC8LyLjQoh3zJb9S53x7A88u49La63qPB6F5t pic.twitter.com/fdCJHXLhsP
— Lil pump (@lilpump) June 13, 2024
Lil Pump’s Solana tattoo incident is just the latest in a series of celebrity misadventures in the cryptocurrency world. Recently, Iggy Azalea faced insider trading allegations shortly after launching her memecoin, $MOTHER. According to blockchain analytics firm Bubblemaps, significant insider trading activity was detected, tarnishing the credibility of her project.
Caitlyn Jenner also ventured into the digital asset space by promoting her own memecoin. However, on May 31, the on-chain analytics platform Lookonchain released a report revealing Jenner’s alleged involvement in the launch and subsequent manipulation of the $JENNER memecoin. The report claimed Jenner dumped these tokens shortly after purchase, netting a profit of approximately $43,000 (252 SOL) and transferring the profits to a single Binance address. Further investigation revealed she created multiple new addresses and launched 12 other memecoins, allegedly earning a total profit of $405,000 (2,381 SOL) in just four days.
Similarly, Andrew Tate’s memecoin, $DADDY, experienced a massive 45.8% surge despite being mired in insider trading allegations. Bubblemaps revealed that insiders acquired a substantial portion of the token supply before Tate’s heavy promotion, raising serious concerns about market manipulation.
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