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Rapper Lil Pump Sparks Controversy with Solana Tattoo and Crypto Sale

Jun 14, 2024

Rapper Lil Pump Sparks Controversy with Solana Tattoo and Crypto Sale
Rapper Lil Pump Sparks Controversy with Solana Tattoo and Crypto Sale
Rapper Lil Pump Sparks Controversy with Solana Tattoo and Crypto Sale

American rapper Gazzy Garcia, known as Lil Pump, recently sparked controversy by revealing a new tattoo on his forehead, boldly displaying the word "Solana." In an Instagram post, Garcia claimed to have sold all his SOL tokens before getting the tattoo, prompting mixed reactions from his over 14 million followers. While some fans criticised the move, others speculated on its potential impact on SOL's price. This comes amidst a broader trend of celebrities launching and promoting their own crypto tokens, despite recent downturns in many such projects. Ethereum co-founder Vitalik Buterin has been critical of this trend, suggesting that for financialization to be justified, it should contribute real value to society beyond speculative gains.