Holders of the Mother memecoin will be able to purchase mobile phones and monthly cellphone subscription plans after Azalea relaunches her old telecommunications company.
“Tomorrow, I’m finally relaunching the telecommunication company I co-founded, and you will be able to purchase phones or month-to-month cell plans using MOTHER or Sol.” Following the announcement, the MOTHER token rose over 30% in the 24 hours up to 10:08 am UTC to trade at $0.1958, according to CoinMarketCapAzalea added that the ad campaign for the mobile company's relaunch will roll out starting this week, which could translate into more social media hype and upward momentum for the memecoin.Despite the 30% intraday surge of Azalea’s MOTHER token, most other meme tokens remain largely unaffected as retail interest has seemingly taken a break.