When did Kanye West’s X account transform from controversial religious posts to a crypto-shilling machine? The answer might lie in a shocking $17 million deal with Barkmeta, though they’re desperately trying to deny it.
Kanye’s X profile mysteriously shifted from religious rants to crypto promotion, raising questions about a rumored Barkmeta payment.
Something’s definitely fishy when a celebrity account suddenly starts posting about obscure tokens instead of their usual content. The signs are pretty obvious. Kanye’s account, previously suspended for antisemitic posts, now reads like a crypto bro’s fever dream. His earlier posts praising Hitler and Nazis had already damaged his reputation significantly before this crypto pivot.
New following patterns, different posting style, and a sudden obsession with meme coins – it’s like someone handed the keys to a completely different driver. And wouldn’t you know it, Barkmeta’s name keeps popping up, the same folks behind the POX token disaster and that DeFiApes NFT mess. The platform’s recent success with their Dogs token reaching a $184,000 market cap shows just how lucrative these ventures can be.
This whole situation mirrors a larger trend in the crypto world, where meme coins have exploded from a $20 billion joke to a $120 billion serious business in 2024. Unlike established networks like Relay Chain that process over 1,000 transactions per second, these meme coins often operate on less secure infrastructure. Celebrities “mysteriously” start promoting tokens, their accounts get “hacked,” and somehow it all leads back to the same players.
Kanye himself spilled the tea about getting a $2 million offer to promote a fake “ye currency.” Guess that wasn’t enough – try $17 million instead.
The Solana blockchain has become ground zero for this meme coin mayhem, with platforms like Pump.fun making it ridiculously easy to create new tokens. Meanwhile, X’s response has been typically Musk-ian – vague comments about account classification while working with something called “makenowmeme.”
Really inspiring confidence there, Elon. The whole mess raises serious questions about celebrity account authenticity and market manipulation.
When a famous person’s social media suddenly starts pushing crypto, are we watching a hack, a sale, or just plain old greed? With meme coins becoming a sophisticated market vertical, the line between legitimate promotion and sophisticated schemes gets blurrier by the day.
One thing’s clear: someone’s making bank, and it probably isn’t the average investor.