**Crypto Chaos: Celebrity Memecoins Under Fire**

In the 2024 Bitcoin bull market, investors are diving into the memecoin frenzy, but not without pitfalls. Celebrities have jumped on the bandwagon, minting tokens under their brands, often leading to controversy and accusations of scams.

- **Haliey Welch's HAWK**: Launched with hype, it crashed 91% in hours amid allegations of insider trading.

- **Andrew Tate's DADDY**: Suffered pump-and-dump cycles, with insider trading concerns.

- **Jack Doherty's MCLAREN**: Accused of a rug-pull during a live stream.

- **Sean Kingston's KING**: Collapsed post-launch, amidst unrelated legal troubles.

- **Davido's DAVIDO**: Dumped post-launch, sparking scam accusations.

- **Jason Derulo & Caitlyn Jenner**: Both faced backlash over failed memecoins, with Jenner facing a lawsuit.

Despite the allure, celebrity-endorsed tokens often lack legitimacy, leaving investors wary.