Iggy Azalea has been diving into the world of cryptocurrency over the past couple of weeks. Overall, she has done this with the creation of her very own meme coin on the platform Solana. Her new project is called $MOTHER and it is meant to be a way for her to engage with fans. Moreover, it is also a way to make some money. By constantly promoting the coin, Iggy has fans investing in it, which subsequently increases the value of the crypto. Say what you will about this tactic, but it has certainly worked for some artists.

In fact, it seems like Iggy has some competition. Recently, Hulk Hogan took to Twitter and called her out, saying “You suck at pumping. $HULK has the real milk.” Iggy Azalea then took to the platform and clapped back at Hogan with a photoshopped image of his head over hers. The photo itself is a screengrab from a video of her twerking, which was previously used as a promotion for her coin. As for Hulk Hogan, well, he claims he was hacked, and has since distanced himself from the tweets.

Interestingly enough, $MOTHER currently has a market cap of $200 million and has gone up 1,200% since she created it. This has ultimately made a lot of people rich and very happy. With cryptocurrency poised for a big year, it seems like Azalea may have gotten in at the perfect time. However, only time will tell what happens to her new coin. These things tend to dump quickly, although in today's market, no one actually knows for sure.

Let us know what you think about Iggy Azalea and her foray into cryptocurrency, in the comments section down below. How do you feel about cryptocurrency in general? Do you feel as though it is the future of the monetary system, or do you see it as one large pyramid scheme? Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will continue to keep you informed on all of your favorite artists and their upcoming projects.

About The Author

Alexander Cole is the current Managing Editor of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. During this time, he has shown an expertise in Air Jordans, Yeezys, and all things that have to do with Nike. His favorite kicks are the Air Jordan 1 High OG, the Air Jordan 4, the Air Jordan 6, and the Adidas Yeezy Boost 350 V2 in the "Beluga 2.0" colorway. Although his collection might not be the biggest, he is always looking to add new styles to it. When it comes to sports, Alex has a particular interest in the NBA and the NFL. His favorite teams are anywhere LeBron goes, and the Kansas City Chiefs. As a Montrealer, the Montreal Canadiens hold a special place in his heart, even if they haven't won the Stanley Cup in his lifetime. Alex also works for the Concordia Stingers, where he provides play-by-play and color commentary for the football, hockey, and basketball teams His favorite hip-hop artists are Kendrick Lamar, Playboi Carti, Travis Scott, and Lil Uzi Vert.

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