Pix🔎 Profile picture
Jun 8, 2024 12 tweets 4 min read Read on X
This is Iggy Azalea

Rapper, mother, OF creator, turned crypto founder

Here’s the untold story behind her $200M celebrity meme coin:

1/12 Image
Iggy grew up in an ordinary Australian family

Her dad was a comic artist. Her mom cleaned hotels.

Fun Fact: She lived in a house her father built by hand from mud bricks

(her actual house↓)

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At 16, she told her parents she was going on vacation, went to Florida, and never returned

After years of hustle, Iggy became a famous rapper

You might have heard her songs "Fancy", "Black Widow", "Kream" and others

3/12 Image
After all that success she decided to pivot

To OnlyFans, where she reportedly made $47M

But how does all this connect to crypto?

Let's check the archives...

4/12
In a Vogue interview 9 years ago, Iggy called Twitter the most important site.

Today on the @notthreadguy pod, she admitted she's addicted to sh*posting

(Degen-Iggy arc has been a long time coming)

But there's more...

5/12
Iggy said that she first learned about crypto 3 years ago

She studied how we (degens) think and tried to understand how crypto actually works

She never traded or launched anything

Until recently...

6/12
About a week ago, celebrity-token rugger Sahil targeted Iggy

He launched a fake Iggy token presale

She decided to front-run him

And created $MOTHER

7/12
Most dismissed Iggy as just another celebrity trying to make a bag from WEB3

But when she hosted the Spaces, jaws dropped

She knew more about crypto than some WEB3 founders

8/12 Image
Once word got out, a community started forming

In a week, the token hit $100M and soon $200M

How?

Iggy used her "formula" ↓

9/12
And it seems like it worked

Iggy got support from MadLads, Tensor, Austin Federa (strategy at Solana)

And what is even more surprising - founder of Ethereum started a beef with her

With the full story out, the burning question is...

10/12

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Does Iggy actually "get it"?

Could she be THE celebrity WEB3 needs for mass adoption?

Let me know your thoughts in the comments

11/12
If you enjoyed this thread, follow me @PixSorcerer for more🙌

And if you really want to make my day, throw a like/retweet on the first tweet below🤍

12/12

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More from @PixOnChain

Apr 30
I’ve been in crypto for 12 years.

Here’s every painful mistake I made (so you don’t have to): 🧵 Image
2013.

I’m writing for a finance blog.

One day the boss says:

“I’ll pay you 50% extra - if you take Bitcoin.”

I google: “Can I sell Bitcoin for cash?”

Looks legit.

I say yes.
Life happens. I forget about it.

Few months later, I see a headline:

“Bitcoin hits all-time high!”

I check my wallet.
It doubled.

I sell immediately and pat myself on the back.

Genius move. Right? Image
Read 28 tweets
Mar 20
I read Pudgy Penguins' ETF application so you don’t have to

Here’s everything you need to know: ↓ Image
Pudgy Penguins just did something no NFT project has done before.

It’s not just another crypto ETF.

This one holds both PENGU tokens and Pudgy NFTs (!)

Yes, an ETF with jpegs. But that’s just the start… Image
The ETF, managed by Canary Capital, will invest in:

• 80-95% PENGU tokens
• 5-15% Pudgy Penguin NFTs

But how exactly does it work? Image
Read 7 tweets
Feb 21
This is Lazarus

They just stole $1.46 billion from Bybit

And they didn’t break the code — they broke the people

Here’s untold story of how they did it (and why no one is truly safe) 👇 Image
Lazarus is a state-backed North Korean hacking group

They’ve stolen billions from banks, crypto exchanges, and DeFi protocols

And now, they’ve pulled off the biggest crypto heist in history

But how? Well... Image
There was no code exploit.

No leaked private keys.

Bybit’s own multisig signers approved the transactions.

They thought they were signing a routine transfer.

Instead, they were handing over their entire cold wallet...
Read 12 tweets
Feb 15
This is Julian Peh

He got a president to promote his $4B token

Then he rugged it for $87M

Here’s the untold story of his rise and fall:

1/12 Image
Julian got into crypto back in 2016

He bought some Bitcoin and ETH

Then in 2021, he flipped NFTs during the mania

But the real game came in 2024

That’s when he saw his shot...

2/12
Julian met Milei (president of Argentina) at a tech forum in Buenos Aires

He spoke about AI, small businesses, the future

Milei was impressed

A handshake. A photo. A promise.

Julian had just secured something dangerous...

3/12 Image
Read 12 tweets
Feb 13
This is CZ

He went from running a $100B empire to 4 months in jail

Today, a single picture of his dog wiped out millions from retail traders

Here’s how greed, FOMO, and insider manipulation turned this into a bloodbath: 🧵 Image
Quick TL;DR before we dive in:

> CZ built Binance, the biggest crypto exchange
> Got sued for $4.2B and served 4 months in jail
> Recently got released
> Yesterday, he teased posting his dog’s name and photo
> Today, he finally did it

And then… all hell broke loose... Image
Within seconds, thousands of people rushed to buy hundreds of new tokens

But there was a problem — Binance Smart Chain can only handle 157 transactions per second

It wasn’t even close to enough

People got stuck, bots frontran them, and many bought in at horrible prices.
Read 10 tweets
Jan 24
This is David Balland.

He co-founded Ledger, one of the biggest companies in crypto

This week, he was kidnapped and tortured

Here’s the full story of what happened: (and why it’s a wake-up call for everyone in crypto) Image
Image
Before Ledger, David launched Chronocoin (in 2014)

It let people buy Bitcoin with a credit card and have it delivered to their door— on a hardware wallet

When demand exploded, David had an idea:

“Why not sell our hardware wallets?”

And that’s how Ledger was born...
Within a year, David and his 7 co-founders raised $1.3M

Ledger kept growing, becoming THE hardware wallet for crypto users

By 2018, they had sold over 1 million wallets, securing their place as an industry leader

But with success came bigger challenges... Image
Read 14 tweets

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