🚀Meme coin mania continues! This time it's Caitlyn Jenner's JENNER token causing a stir. Despite doubts about its legitimacy, some traders dove in headfirst. One even saw a loss of 785 SOL (around $133.4K) in a day! 😱

Jenner's token, launched on the Solana blockchain, was initially met with skepticism. Many feared a hack, given past incidents of celeb accounts falsely promoting crypto. But Jenner confirmed it was legit.

If JENNER hits a $50M market cap, Jenner pledges to donate to Trump's campaign from tax revenues. She also voiced support for crypto protection, dubbing it "ULTRA MAGA."

But not all are thrilled with the meme coin craze. Critics argue they overshadow legit projects and often lead to pump-and-dump scenarios. Especially when endorsed by celebs with dubious pasts.

What do you think? Are meme coins a risky gamble or a golden opportunity? Let's chat in the comments! 👇 #DeFi #CryptoNews