American rapper Lil Pump, whose real name is Gazzy Garcia, recently took to Instagram to showcase what appears to be a new tattoo featuring the blockchain platform Solana.
In the post, Lil Pump revealed that he had already sold his SOL tokens and asked his massive following of over 14 million Instagram followers for their opinion on his new ink. “Like my new tats? I sold my SOL,” Garcia wrote alongside the photo.
Lil Pump is best known for his hit single “Gucci Gang” from 2017, which reached number three on the Billboard Hot 100 chart.
The response from fans on Instagram to Lil Pump’s tattoo was mixed. Some expressed disappointment and longing for the “old pump,” while others criticized the decision to cover up previous tattoos with what they deemed to be less appealing ones.
There was also speculation about the authenticity of the tattoo, with some suggesting it could be a temporary design. However, some fans saw the potential for the tattoo to boost the price of SOL, expressing excitement and optimism for its future value.
One user, Trader Mayne, took the opportunity to criticize Lil Pump and his involvement in the crypto space, suggesting that his ventures in both music and cryptocurrency were lacking in success.
The unveiling of Lil Pump’s new tattoo comes at a time when many celebrity-backed crypto projects are experiencing a decline. Tokens associated with figures like Caitlyn Jenner, Rich the Kid, and Davido have seen significant drops in value, with some losing as much as 90% of their initial worth.
Despite the downturn, celebrities continue to launch new tokens, with controversial social media personality Andrew Tate recently promoting a Solana-based memecoin called Daddy Tate. This move sparked controversy due to allegations of insider trading.
Meanwhile, Ethereum co-founder Vitalik Buterin has expressed concerns about the rise of celebrity memecoins, emphasizing the importance of bringing real value to society through financial projects, such as improving healthcare or supporting art and creativity.
In the midst of the celebrity token craze, the leaked price list of Caitlyn Jenner’s meme coin project has added to the ongoing discussion surrounding the influence and impact of celebrities in the crypto space.