@moonlightwhisper
In the world of cryptocurrency, emotions often drive market trends before logic. "Celebrity coins" are a phenomenon in this vein. They rely on the massive traffic generated by celebrities. Ever since Elon Musk's tweet sent Dogecoin soaring, the market has come to believe that "fame equals value." Consequently, a growing number of musicians, athletes, fashion brands, and even politicians have taken the plunge, launching tokens bearing their names or brands. This quickly ignites market sentiment and triggers waves of hype.
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