Home Authenticity questioned in Caitlyn Jenner’s memecoin promotion

Authenticity questioned in Caitlyn Jenner’s memecoin promotion

TL:DR

  • Caitlyn Jenner's X account promoted a self-named memecoin, sparking debate about a potential hack.
  • Jenner's account denied the hack claims, with her manager affirming the promotion's authenticity.
  • Despite skepticism and similar incidents, Jenner's Instagram also promoted the memecoin link.

Olympian and media personality Caitlyn Jenner’s X account has been promoting a self-named memecoin launched through token launchpad Pump.fun, sparking a debate on social media about whether her account has been hacked or not.

On Sunday afternoon, Jenner’s X handle tweeted a link to the meme token, encouraging followers to share their favorite memecoins. In subsequent tweets and a Twitter Space session, the account insisted it had not been hacked, with Jenner apparently participating and her manager responding to questions:

Here is Sophia Hutchins, my manager, rest assured. I have not been hacked and keep sending this to the moon. I’m out on the golf course enjoying my Sunday and I will not be going live in spaces today. My team is managing this launch. it is authentic. Keep it up🚀🚀🚀

Warranted skepticism

However, many X users expressed skepticism, suggesting the videos might be AI-generated deepfakes. American rapper Rich the Kid’s X account made similar tweets earlier but has since deleted them.

X user CodeXBT pointed out that both Jenner’s and Rich the Kid’s tokens were “nuked” by the same wallet Jenner had requested donations to, raising suspicions amid recent high-profile hacks.

A prediction market on Polymarket shows only 7% of users believe Jenner’s account was compromised. Interestingly, Jenner’s Instagram account also promoted the memecoin link, aligning with the X tweets.

The first tweet from Jenner’s X account featured a picture of her with former U.S. President and current Republican candidate Donald Trump, who recently expressed strong support for crypto in his campaign.

Jenner, a known Trump and Republican Party supporter, reposted tweets highlighting Trump’s pro-crypto stance alongside her own memecoin promotion tweets. The Jenner memecoin currently has a market cap of around $30 million, according to DEX Screener.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Radek Zielinski
Tech Journalist

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.