Iggy Azalea Says MOTHER Tokens Can Soon Be Used to Buy Phones

As a researcher with a background in cryptocurrencies and celebrity culture, I’m excited about the recent developments surrounding Iggy Azalea’s MOTHER token. The news that holders may soon use the cryptocurrency to purchase phones and monthly cell plans from her telecommunications company is a significant step in increasing its utility.

Individuals in possession of Iggy Azalea’s mother tokens might soon have the opportunity to utilize this popular cryptocurrency to cover phone bills and related services from the upcoming telecommunications business of the Australian rapper. This added functionality comes shortly after the introduction of the token less than a month ago.

A new development arises following last week’s announcement of a MOTHER merchandise store, leading to a surge in the token’s value. The MOTHER token has jumped by 18% over the past day, surpassing the growth rate in the meme coin market according to DEXTools data. In contrast, the CoinDesk 20 Index (CD20), representing the overall crypto market, has experienced a decline of 0.3%.

Tomorrow marks the long-awaited relaunch of the telecommunications company I co-founded, “MOTHER” or “Sol”. Starting from then, you will have the opportunity to buy phones or subscribe to monthly cell plans with us. An advertising campaign and rollout are scheduled for later this week.

In her next tweet, she revealed that Unreal Mobile is responsible for supplying phones as a service provider, and mentioned that there would be an option to buy phones if necessary. The financial transactions will be managed by Sphere Labs, which did not introduce its own token yet by the week’s end.

The cost of using Unreal’s services varies between $20 and $80 per month, depending on the amount of data used and the specific network frequencies involved.

The phones offered through the Solana blockchain were highly popular, with their inclusion of BONK tokens being a significant factor. The demand was so strong that all units of the top-tier Saga model were sold out in 2023, marking a notable turnaround from the disappointing debut in 2022. This success paved the way for the unveiling and initial development of a second Saga phone model, which garnered over 100,000 presale orders by February 2024.

In the final weeks of May, the contentious digital currency known as MOTHER was unveiled on the Solana platform with much fanfare as a meme coin backed by celebrities. However, during its early trading days, this coin experienced significant price fluctuations due to growing doubt and uncertainty within the cryptocurrency community regarding its true originator.

As a crypto investor, I’ve noticed that the recent issuance of a new token by a popular celebrity has sparked quite a controversy within our community. Some voices express worry that this might just be a cash grab attempt on the part of the celebrity, while others argue that it could potentially demonstrate the real-life potential of broader token adoption.

Early supporters of Azalea’s persistent commitment to long-term growth have been rewarded, as the token’s market value surged from a modest $10 million to an impressive $200 million.