American Rapper Cardi B Endorses WAP Token Again—But Is It A Rugpull?
The post American Rapper Cardi B Endorses WAP Token Again—But Is It A Rugpull? appeared on BitcoinEthereumNews.com. Cardi B’s recent post about the meme token Wet A*s P*ssy (WAP) turned into a dramatic market shakeup. Within minutes, WAP’s market cap plunged from $2 million to just $150,000. The token’s price shot up to $0.0020 briefly, then tumbled over 90% back to $0.00019, wiping away almost all of this week’s gains. Celebrity Tweet Sparks Chaos According to reports, Cardi B shared a wallet address on her official X account with the caption “even wetter than last time.” That single message sent ripples through the crypto world. Prices leaped, then crashed. Market watchers were left scratching their heads as billions of dollars in value seemed to vanish in mere moments. Suspicious Wallet Activity Blockchain trackers spotted something odd. A handful of wallets bought big chunks of WAP just five days before the tweet. They offloaded their tokens almost immediately after Cardi B’s post, banking roughly 10 times their original stake. So today, @iamcardib remembered that she still held a large portion of the $WAP supply and decided to run another pump and dump. The token went from 2.5M to 139k a couple of minutes after the tweet The dump was triggered by some wallets that bought the token around five days… pic.twitter.com/7Nwr27rcZA — dethective (@dethective) June 3, 2025 These sudden sells helped push the token’s price back down to around $0.00019. Based on reports, this pattern looks like a classic pump-and-dump. It raises questions about whether insiders planned the entire move. POV you might owe millions pic.twitter.com/j9FGLgoSBM — ZachXBT (@zachxbt) June 4, 2025 History Of WAP Controversies This isn’t the first time WAP caused trouble. Back in October 2024, Cardi B gave it a shout-out, and security firm PeckShield flagged the token for possible malicious deeds. That earlier buzz even led to an investigation by the UAE’s Securities and…
The post American Rapper Cardi B Endorses WAP Token Again—But Is It A Rugpull? appeared on BitcoinEthereumNews.com.
Cardi B’s recent post about the meme token Wet A*s P*ssy (WAP) turned into a dramatic market shakeup. Within minutes, WAP’s market cap plunged from $2 million to just $150,000. The token’s price shot up to $0.0020 briefly, then tumbled over 90% back to $0.00019, wiping away almost all of this week’s gains. Celebrity Tweet Sparks Chaos According to reports, Cardi B shared a wallet address on her official X account with the caption “even wetter than last time.” That single message sent ripples through the crypto world. Prices leaped, then crashed. Market watchers were left scratching their heads as billions of dollars in value seemed to vanish in mere moments. Suspicious Wallet Activity Blockchain trackers spotted something odd. A handful of wallets bought big chunks of WAP just five days before the tweet. They offloaded their tokens almost immediately after Cardi B’s post, banking roughly 10 times their original stake. So today, @iamcardib remembered that she still held a large portion of the $WAP supply and decided to run another pump and dump. The token went from 2.5M to 139k a couple of minutes after the tweet The dump was triggered by some wallets that bought the token around five days… pic.twitter.com/7Nwr27rcZA — dethective (@dethective) June 3, 2025 These sudden sells helped push the token’s price back down to around $0.00019. Based on reports, this pattern looks like a classic pump-and-dump. It raises questions about whether insiders planned the entire move. POV you might owe millions pic.twitter.com/j9FGLgoSBM — ZachXBT (@zachxbt) June 4, 2025 History Of WAP Controversies This isn’t the first time WAP caused trouble. Back in October 2024, Cardi B gave it a shout-out, and security firm PeckShield flagged the token for possible malicious deeds. That earlier buzz even led to an investigation by the UAE’s Securities and…
What's Your Reaction?
