- Kanye West, or Ye, aired a bizarre Super Bowl ad featuring diamond-encrusted teeth, leading to a website selling a t-shirt with Nazi symbolism.
- A Solana-based token, hh-01, linked to the ad, surged 3,880% to a US$2.7M market cap before crashing nearly 80%, with concerns over its centralised ownership.
It’s a wild timeline we’re living in, made worse by Kanye West (or Ye, as he’s known now) spreading Nazi propaganda on social media.
After nearly three years of silence, Ye has broken that silence and gone on a rampage on social media, specifically on X. This time the superstar decided to air a very weird Super Bowl ad that, of course, led to the creation of a Solana-based token with Nazi symbolism.
Related: Is the Bull Market Over? Crypto Analysts Say Retail Sentiment Hits Lowest in Years
So, the unconventional ad featured West reclining in a dentist’s chair, showing off diamond-encrusted teeth, and claiming he spent his budget on dental work, forcing him to shoot the commercial on an iPhone.
When clicking on the ad, users were led to a website that displayed a t-shirt featuring a swastika, labeled “hh-01”, a reference to the phrase “Hail Hitler”.
Shortly after the ad aired, a token called hh-01 began trading on decentralised exchanges. It saw a spike of over 3,880% within hours, reaching a market capitalisation of US$2.7M (AU$4.31M).
A few hours passed, and it dropped nearly 80% in price. Truly, a classic.
And here’s that beautiful chart.
The sudden rise of the token has drawn attention within the crypto community, with some viewing it as a speculative opportunity and others questioning its centralised nature, as nearly 10% of its supply is held by four bundled wallets.
Ye’s Ad Strongly Condemned as He Disappears from X
The public backlash was swift. The Anti-Defamation League and the American Jewish Committee condemned West’s messaging. Public figures like David Schwimmer and Piers Morgan called for his removal from X and all social media.
Related: Quantum Leap: Tether CEO Predicts Lost Bitcoin Revival; Traders Fear Return to ‘Stone Ages’
As if the tiresome drama wasn’t enough, West deactivated his X account after posting a cryptic farewell message. Before doing so, he claimed he had been offered US$2 million to create a token and scam his community. He stated he rejected the offer and cut ties with those involved. His evidence was some poorly cropped-up screenshots.
Credit: Source link