Mother Iggy
| Mother Iggy | |
|---|---|
| Token | |
| Ticker | $MOTHER |
| Contract | 3S8q…VdPN |
| Chain | Solana |
| Launched | 2024-05-28 |
| Status | Active |
| Website | mother.fun |
| Also known as | mother mother iggy iggy azalea coin |
| Market | |
| Price | — |
| Market cap | — |
| Liquidity | — |
| Volume (24h) | — |
| Change (1h) | — |
| Change (24h) | — |
| Links | |
| DEX Screener · Birdeye · GMGN · Solscan | |
Mother Iggy (ticker MOTHER) is a Solana memecoin launched by the rapper Iggy Azalea on 28 May 2024. Within two weeks it reached a market capitalisation just under $260 million, the highest of any celebrity-created token at the time, and in 2026 it became the subject of a class action against Azalea.[1][3][5]
Lore[edit]
MOTHER launched hours after IGGY, a token created by the promoter Sahil Arora that he presented as Azalea's. Arora's IGGY, launched on pump.fun after a presale whose address held more than $370,000 in SOL, fell from about $3 million to $158,000 within a day. Azalea said she had "never even spoken to the guy".[2]
Azalea announced MOTHER on X late on 28 May. In under a day it traded more than $150 million, and Azalea said she held 3% of the supply.[1] By 29 May its market capitalisation was above $28 million.[2] It then peaked just under $260 million before falling 82% over the following month.[3]
Azalea stayed publicly involved. In October 2024 she hosted the "Motherland Rodeo Party" at Token2049 in Singapore, after which MOTHER rose more than 157% in ten days; her online casino Motherland soft-launched on 20 December 2024.[3] In November 2025 she joined Thrust, a Solana launchpad for celebrity "culture coins", as creative director and equity holder, and said MOTHER would move to Thrust's platform by the end of 2025.[4]
Timeline[edit]
- 2024-05-28: IGGY launched by Sahil Arora; MOTHER launched by Azalea hours later
- 2024-05-29: market cap passes $28 million
- 2024-06: peaks just under $260 million
- 2024-10: Motherland Rodeo Party at Token2049, Singapore
- 2024-12-20: Motherland casino soft launch
- 2025-11-05: Azalea joins Thrust; MOTHER migration announced
- 2026-05: class action filed in the Southern District of New York
Controversies[edit]
Insider buying
Bubblemaps reported that about 20% of the supply was bought by insiders before the launch announcement and later sold; Azalea disputed that reading.[1]
IGGY presale
Arora has been accused of running pump-and-dump schemes, including by Caitlyn Jenner and Rich the Kid, and denies the allegations.[2] Six months after launch, IGGY presale buyers had received neither tokens nor refunds, according to Decrypt.[3]
Class action
In May 2026 Wisconsin resident Kenneth Kolbrak, represented by Burwick Law, filed a proposed class action against Azalea in the US District Court for the Southern District of New York.[5] The complaint alleges that utility she promoted did not work as described: that Motherland used USDT rather than MOTHER at launch, that MOTHER could not be used durably to buy phones or pay bills at Unreal Mobile, a telecom company Azalea co-founded, and that a planned DreamVault marketplace did not deliver. It also alleges buyers were not told about market-making arrangements with Wintermute and DWF Labs.[5] The allegations are unproven; Azalea's representatives did not immediately comment.[5] According to CoinGecko data cited by Decrypt, MOTHER had fallen more than 99% from its peak of about $0.23.[5]
See also[edit]
References[edit]
- ^ 'Crypto Is Sexy': Is Iggy Azalea for Real?, Decrypt, 2024-05-29
- ^ Iggy Azalea's MOTHER memecoin triumphs over scandal-ridden IGGY, Cointelegraph, 2024-05-29
- ^ SCENE's 2024 Person of the Year: Iggy Azalea, Decrypt, 2024-12-23
- ^ Iggy Azalea Joins Token Launchpad for Celebrities on Solana as Creative Director, Decrypt, 2025-11-05
- ^ Iggy Azalea Faces Lawsuit Over Solana Meme Coin, Decrypt, 2026-05-05