Caitlyn Jenner, a former athlete and media personality, stirred controversy when her X (formerly Twitter) account promoted a cryptocurrency named JENNER via the token launchpad Pump.fun.
The post, featuring a photo of Jenner with former U.S. President Donald Trump and a caption advocating for cryptocurrency, left the crypto community baffled and skeptical.
Despite initial doubts, the token swiftly gained momentum, amassing $28.3 million in volume within just 90 minutes of its launch, resulting in a market cap of $8.5 million. Addressing skepticism, Jenner’s account denied any hacking, insisting the promotion was genuine.
On the same day, Trump expressed support for cryptocurrency on Truth Social, further fueling speculation and debate within the community.
Community Speculation and Doubts
Some X users speculated that Jenner’s social media might have been compromised, suggesting the video promoting the token could have been generated using AI technology. This speculation was fueled by recent hacks of prominent crypto influencers’ accounts, including Gigantic Rebirth (GCR).
While some crypto influencers claimed that the JENNER token likely originated from Jenner’s circle, others alleged involvement of a shady “middleman” who manipulated Jenner’s team into promoting the token. These allegations suggest a complex web of deception and exploitation within the cryptocurrency space.
Ongoing Controversy and Uncertainty
Despite conflicting narratives and allegations, Jenner’s Instagram account continues to share the link to the token, aligning with the tweets on her X account. However, Jenner herself has not responded to requests for comment, leaving the situation shrouded in uncertainty.
