Celebrity-themed crypto tokens experienced a brief surge in popularity during 2024, but many have since lost significant value. High-profile figures like Caitlyn Jenner and Iggy Azalea launched tokens that peaked in value, only to see them plummet due to selling pressure from insiders and regulatory scrutiny. Jenner's JENNER token was launched amidst confusion about a hacking incident, leading to a sharp decline of 98.5% in value. Azalea's MOTHER token experienced an 87% drop after insiders profited heavily from early trades. Other tokens, including those from Jason Derulo and Cardi B, also faced remarkable declines, with some losing up to 99.7% of their value, often linked to insider trading allegations. Recent launches, like Welch's HAWK, have drawn legal attention due to allegations of fraudulent practices. As the excitement fades, many of these tokens face legal challenges, with insiders profiting while retail investors suffer heavy losses.

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