Caitlyn Jenner Advertises Meme Coin Using Her X Account, Stirring Controversy

IconCryptoNewsTerminal Staff27 May, 2024

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Caitlyn Jenner Advertises Meme Coin Using Her X Account, Stirring Controversy

Caitlyn Jenner, a renowned former decathlete and television personality, has sparked controversy by promoting a meme coin known as "JENNER" on her X handle. The promotion caught the attention of The Block, a reputable crypto news outlet. In a post that has since been removed, Jenner included a link to the token's trading page on Pump.fun, accompanied by the caption, "Let's all get rich together." Initially, there were speculations within the crypto community that Jenner's account may have been compromised. However, her manager refuted these claims, confirming that the promotion was deliberate. Jenner further posted a video affirming her involvement and expressing her belief in the legitimacy of cryptocurrency. Despite Jenner's assertion, concerns have been raised regarding the authenticity of the video, with some alleging it could be a deepfake. Regardless, the promotion has drawn criticism from some, who question the ethics of using a platform with 3.3 million followers to promote a speculative asset. Others have defended Jenner's actions, highlighting her freedom to make such endorsements. The incident serves as a reminder of the ongoing prominence of meme coins and the importance of exercising caution when investing in such assets.