{"id":13947,"date":"2024-05-31T10:27:35","date_gmt":"2024-05-31T07:27:35","guid":{"rendered":"https:\/\/forklog.com\/en\/creator-of-caitlyn-jenner-meme-tokens-earns-405000\/"},"modified":"2024-05-31T10:27:35","modified_gmt":"2024-05-31T07:27:35","slug":"creator-of-caitlyn-jenner-meme-tokens-earns-405000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/creator-of-caitlyn-jenner-meme-tokens-earns-405000\/","title":{"rendered":"Creator of Caitlyn Jenner Meme Tokens Earns $405,000"},"content":{"rendered":"<p>Between May 27 and 31, a user launched 12 meme coins under the name of television star Caitlyn Jenner, amassing 2381 SOL ($405,000). Analysts at Lookonchain highlighted this activity.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Be wary of tokens launched by celebrities.?<\/p>\n<p>We fund that <a href=\"https:\/\/twitter.com\/Caitlyn_Jenner?ref_src=twsrc%5Etfw\">@Caitlyn_Jenner<\/a> earned 2,381 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>($405K) by launching 12 <a href=\"https:\/\/twitter.com\/hashtag\/MEMEcoins?src=hash&#038;ref_src=twsrc%5Etfw\">#MEMEcoins<\/a> on <a href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&#038;ref_src=twsrc%5Etfw\">#Solana<\/a> in the past 4 days.<\/p>\n<p>1\/ A thread. ? <a href=\"https:\/\/t.co\/zqVaMjhjqf\">pic.twitter.com\/zqVaMjhjqf<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1796418414598332628?ref_src=twsrc%5Etfw\">May 31, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The tracked address issued 44.56 million Jenner tokens on the Pump.fun platform, spending 1.3 SOL ($221). Following a price increase, the user <a href=\"https:\/\/solscan.io\/tx\/64TYPTgg8bG%209ppmHUpaEjiiNiVT7H5m9sMrd4TRdmoVEfrXvVxR42izPKHbHotY91GLZsTVmbLqE2BPsjKZ31xjp\">sold<\/a> all the coins for 253 SOL, earning $43,000.<\/p>\n<p>Subsequently, the Solana was moved to two addresses, <a href=\"https:\/\/solscan.io\/account\/85feY8LVvEyVemsunenwDsYMYJTeXh8fWvm5LsoLxYd#transfers\">one of which<\/a> belongs to the Binance exchange.<\/p>\n<p>Lookonchain identified numerous addresses associated with the user, from which 12 meme coins were launched and later sold.<\/p>\n<p>The total profit amounted to approximately 2381 SOL ($405,000). This sum was directed to the aforementioned Binance deposit address. <\/p>\n<p>Earlier reports revealed that the creator of the Jenner token is one Sahil Arora.<\/p>\n<p>According to available information, after issuing the token, he involved Jenner as a promoter and later &#8220;drained all assets to disposable wallets.&#8221; At that time, Jenner&#8217;s market capitalization exceeded $26 million. <\/p>\n<p>Arora is also reportedly linked to tokens from Rich The Kid, Soulja Boy, and other celebrities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between May 27 and 31, a user launched 12 meme coins under the name of television star Caitlyn Jenner, amassing 2381 SOL ($405,000). Analysts at Lookonchain highlighted this activity. Be wary of tokens launched by celebrities.? We fund that @Caitlyn_Jenner earned 2,381 $SOL($405K) by launching 12 #MEMEcoins on #Solana in the past 4 days. 1\/ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1415,1227,1161,596],"class_list":["post-13947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-celebrities","tag-cryptocurrency-transactions","tag-memes","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13947"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13946"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}