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Prominent CNBC Host's Interaction with Iggy Azalea Sparks Cryptocurrency Enthusiasm

Jun 12, 2024

Well-known CNBC host Jim Cramer made waves in the cryptocurrency realm by sharing a snapshot alongside Australian rapper Iggy Azalea on his X social media feed.

Azalea, donning a white graphic T-shirt featuring sunflowers, a pleated mini skirt with subtle pinstripes, and black knee-high boots, is captured warmly embracing the 69-year-old financial expert at the New York Stock Exchange's trading floor after the market's opening.

The photograph swiftly circulated on the X social media network, eliciting a range of responses from crypto devotees. Some expressed skepticism, with one individual stating, 'Top is in lads,' and another noting, 'Welp, so much for that rate cut.' References to the 'Cramer curse,' a term used to critique the host's track record of inaccurate stock predictions, were also prevalent. Despite this, Azalea confidently declared her intent to defy this speculated curse.

On her personal profile, Azalea shared an image of herself seated at a desk surrounded by numerous large screens on the NYSE trading floor. She also posted two additional images with the caption '$MOTHER TAKES WALL ST.'

The value of Azalea's meme coin, Mother Iggy (MOTHER), surged by more than 40% within the past 24 hours, currently residing just 4.5% below its all-time high of $0.2306 reached on June 6 during a phase of heightened speculative trading activity.

Azalea also disclosed plans to leverage the meme coin for the acquisition of phones and services from her telecommunications startup in the upcoming period.

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