Cardi B’s Solana Memecoin Faces Controversial Launch as Insiders Pocket $250,000 in 12 Houras

Grammy-winning rapper Cardi B has seemingly launched a meme-inspired cryptocurrency under the $WAP ticker, in a reference to one of her most popular songs with Megan Thee Stallion. The project’s debut, however, has been shrouded in controversy including insider trading concerns. According to a post by on-chain analytics firm Bubblemaps on the microblogging platform X

Source: CryptoGlobe