Every Solana Celebrity Crypto iI Massively Down: Here's Why

Thirty celebrity tokens launched on Solana in June 2024. The average token value collapsed within a month. High-profile endorsements failed to sustain market value. There is never a dull moment in the crypto space, with the potential to make serious money attracting many. One group is celebrities, which saw the potential in launching their own Solana memecoins.  Celebrities started launching these left and right thanks to just how easy it is to launch a token. Subsequently, crypto investors and fans jumped in, hoping to profit from the hype. However, the excitement quickly turned as these tokens experienced dramatic declines

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