Iggy Azalea Criticizes Ethereum's Buterin for TOKEN2049 Performance

In Brief:

Iggy Azalea criticized Ethereum co-founder Vitalik Buterin for his singing performance at TOKEN2049 in Singapore, calling it "loser s—."

Azalea, who supports Solana, defended her stance and promoted her meme coin, MOTHER, amid backlash from the crypto community.

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Iggy Azalea Criticizes Ethereum's Buterin for TOKEN2049 Performance

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Rapper Iggy Azalea took to social media to criticize Ethereum co-founder Vitalik Buterin for his singing performance at the TOKEN2049 conference in Singapore. In a pointed post, Azalea dismissed the event's panel discussions and Buterin's act as "loser s—," expressing her disdain for the crypto-themed gathering.

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Azalea's Critique and Community Reactions

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Although Azalea did not explicitly mention Buterin, her remarks were widely interpreted as targeting the Ethereum co-founder. Buterin had taken the stage at TOKEN2049 to sing about cryptocurrency, an act that Tron founder Justin Sun described as requiring "a lot of courage."

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Azalea faced backlash from some in the crypto community after hosting her own crypto-themed event in Las Vegas to promote her meme coin, MOTHER, and her new casino, Motherland. Despite criticism, Azalea defended her event, claiming significant attendees were present.

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Preference for Solana Over Ethereum

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Azalea's comments extended to a critique of the Ethereum network. She recounted advising a fellow plane passenger to invest in Solana instead of Ethereum, citing Solana's suitability for retail expansion and better handling of network congestion. Her meme coin, MOTHER, is based on the Solana blockchain, and despite recent value fluctuations, it has seen a resurgence in interest.

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The tension between Azalea and the Ethereum community highlights ongoing debates about celebrity involvement in cryptocurrency. Andrew Saunders, an executive at the Skale blockchain, criticized celebrity meme coins, warning of potential risks to investors.

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