- Caitlyn Jenner reaffirms her commitment to $Jenner token, clarifies focus amid ad confusion, and launches on Ethereum to boost reach.
- Jenner targets $50M market cap for $Jenner within the first 24 hours post-launch.
- “I am committed to my token $Jenner,” Jenner stated, emphasizing her exclusive focus on the project.
Discover Caitlyn Jenner’s renewed focus on her $Jenner token, its strategic launch on Ethereum, and ambitious market cap goals.
Caitlyn Jenner Clarifies Focus on $Jenner Token
Caitlyn Jenner has taken to social media to explain that she will only deal with the $Jenner token after her followers were confused by an ad for another token. Jenner also reassured her fans that she has no affiliation with other cryptocurrencies and that her money is invested only in $Jenner.
“I am committed to my token $Jenner,” Jenner continued in her tweet responding to the controversy caused by the previous advertisement.
This commitment was further evidenced by her decision to withdraw the offending advert, admitting that it was a source of distraction.
Jenner’s clarification comes at a time when endorsements in the cryptocurrency niche are in the spotlight. The market has seen several cases where celebrity-backed tokens have been either challenged by law or received backlash from the market. Jenner’s decision to make her work more transparent and focused is to build her authority and credibility within the cryptocurrency space.
Token Launch and Market Response
Jenner also revealed that the $Jenner token will be available on the Ethereum network after the token was first deployed on Solana. The move forms part of a longer-term plan to improve the token’s functionality and usability.
“The team has decided to launch $Jenner on the Ethereum network! We will try to do our best to make it go up as much as the Solana version,” Jenner tweeted.
This strategic expansion is expected to leverage Ethereum’s large network effects and user base, which could lead to higher token adoption.
While there were doubts whether the $Jenner token launch was genuine or just a scam and some market participants even suggested it could be a hack, Jenner has been promoting the token. However, a recent promotional effort on her X account coupled with videos that appear to show Jenner and her manager endorsing the project has allayed some of the investors.
In terms of market response, $Jenner has shown robust performance, with Jenner claiming an impressive trading volume shortly after its launch. She highlighted a goal to reach a $50 million market cap within the first 24 hours, a target that reflects her ambitious plans for the token.
Conclusion
Caitlyn Jenner’s reaffirmation of her commitment to the $Jenner token, coupled with its strategic launch on the Ethereum network, positions the token for significant growth. By focusing solely on $Jenner and aiming for a $50 million market cap within the first 24 hours, Jenner is setting a strong foundation for the token’s future. Investors and followers will be keenly watching how these developments unfold, marking an exciting chapter in the cryptocurrency space.
