MOTHER memecoin creator Iggy Azalea has partnered with major crypto market maker DWF Labs. The announcement caused MOTHER’s price to spike over 30% on Thursday.
Details of the deal are limited, but updates are expected soon. This collaboration marks a notable milestone in the celebrity-driven memecoin space, as MOTHER previously peaked at a $150 million market cap.
A standout feature is MOTHER’s planned use as a payment method for smartphone and cell plans, offering rare utility for a memecoin. Despite its initial success, MOTHER has fallen over 85% from its all-time high.
This partnership could rejuvenate interest and stability in MOTHER, highlighting the long-term potential of celebrity-backed crypto ventures.