American celebrity Caitlyn Jenner apparently launched a token, JENNER, on the Solana blockchain, but its legitimacy was questioned due to past celebrity X account compromises.
Despite skepticism among market participants and claims of being a hack, Jenner's account continued to promote the token, even releasing a video that appeared to confirm its authenticity. A token launched on the Solana blockchain, apparently by U.S. celebrity Caitlyn Jenner, has left crypto market observers scratching their heads.
Late Sunday, a post on Jenner’s X account said she had issued the JENNER token using the Solana token deployer Pump Fun. Market participants quicklyUsually, such account compromises are caught early and shut down immediately by X's security teams. But Jenner’s account continued to advertise the token hours after the initial launch.About six hours after the issuance, Jenner’s account released a video that appeared to show the celebrity talking about the token.