As it is known, while Solana-based memecoins continue to leave their mark on the market, many new memecoins have been launched.
One of these was the memecoin MOTHER, released by world-famous rapper Iggy Azalea.
While MOTHER has attracted the attention of investors with its tremendous rise since its launch in May, the price has started to rise again with a new announcement.
According to this announcement, MOTHER will be able to use it to purchase phones and monthly cell phone plans from the telecommunications company owned by Iggy Azalea.
Announcing this news on her X account, Iggy Azalea said:
“Tomorrow, I'm finally relaunching the telecommunications company I co-founded, and you'll be able to purchase phones or month-to-month cell plans using MOTHER or Solana (SOL).
The advertising campaign and launch is planned for later this week. Exciting!”
MOTHER, which rose after this announcement, increased by over 20% in the last 24 hours and continues to be traded at $ 0.187 at the time of writing.
*This is not investment advice.