According to U.Today, American rapper Waka Flocka Flame recently claimed in a conversation on X Spaces that he has been studying cryptocurrency since 2001. This statement has sparked a wave of mockery on social media, with some users humorously suggesting that he might be Satoshi Nakamoto, the elusive creator of Bitcoin. Others speculated that he might have been referring to cryptographic encryption rather than cryptocurrencies. Waka Flocka Flame himself joined in on the humor.

Waka Flocka Flame rose to fame with the release of his single 'O Let's Do It' in 2009, which peaked at No. 62 on the Billboard Hot 100. In 2010, he released his signature song 'No Hands', which became one of the most successful rap hits of all time. In July 2023, it received a rare diamond certification from the Recording Industry Association of America (RIAA). He has also released several other moderately successful singles, including collaborations with Drake, Nicki Minaj, and Flo Rida. However, he stopped appearing on Billboard charts in 2012, the same year Bitcoin's mysterious creator disappeared from the internet.

Despite the mockery, Waka Flocka Flame is not new to the world of cryptocurrency. He was previously accused of conducting undisclosed paid promotions on Ethereum in 2012. Recently, he has joined the ranks of hip-hop artists who have jumped on the celebrity meme coin craze. Last month, Australian rapper Iggy Azalea, whose commercial career in the music industry ended years ago, managed to reinvent herself as a meme coiner, pushing the market cap of her Mother Iggy (MOTHER) meme coin to a quarter of a billion dollars.