According to CoinDesk, Australian rapper Iggy Azalea is expanding her involvement in the cryptocurrency sector through a partnership with crypto market maker DWF Labs. The details of the partnership have not been disclosed, but the announcement has caused a significant increase in the value of the MOTHER token, a cryptocurrency initiated by Azalea.
Following the announcement, the MOTHER token's value surged by as much as 50%, reaching over 4 cents. The token was launched by Azalea in late May amidst some controversy. Despite the skepticism surrounding its legitimacy in crypto circles, the token's value skyrocketed shortly after its launch, making its early adopters millionaires overnight.
In a recent statement, Azalea hinted that MOTHER token holders might soon have the opportunity to purchase cell phones and telecom plans from a telecommunications company she plans to establish. This development could potentially increase the utility and value of the MOTHER token, further solidifying its position in the crypto market.
