Cardi B’s WAP Memecoin Flops: Why Celeb Coins Keep Crashing

[Akure]

The sharp decline in Cardi B’s WAP memecoin highlights the volatility and risk inherent in celebrity-backed tokens. Despite initial hype driving prices up, the lack of underlying utility and strong fundamentals led to a significant correction of over 80 percent. This case serves as a reminder that speculative momentum without a solid value proposition often results in rapid losses for investors. It reinforces the importance of thorough due diligence and prioritizing projects with sustainable growth potential.

 

[Emma]

You're not wrong — most celeb coins ride hype, not fundamentals. WAP memecoin followed the typical pump-and-dump cycle: viral launch, influencer push, then rapid dump once early exits start. It’s a reminder to treat these like short-term plays at best — and always DYOR before jumping into the hype.

 

[Mary]

Yeah, WAP crashing 80% isn’t surprising — celeb-backed coins rarely have real utility. Once the hype fades, liquidity dries up fast and holders get left behind. It’s a harsh lesson in chasing trends over substance. Definitely rethinking how I approach meme plays now.

 

[Isla]

Totally fair take — celeb coins often pump on hype with little backing them long-term. That said, they can offer short-term opportunities if you know when to exit. The key is treating them like momentum plays, not investments. Always combine hype awareness with solid risk management.

 

[Chicki Akiba]

Yeah, I’ve seen a lot of these celeb-backed coins lose value fast. Not sure if it’s just hype dying down or something else, but it does seem risky to rely on them long term. Hopefully people learned something from this one.

 

[SUNSHINE]

Holding $WAP feels like I bought the dip... then dug six feet deeper.

Been there—sometimes “buy the dip” turns into “fund the pit.” Let’s just hope the next bounce brings a rope.

 

[peterjohn]

This is why emerging markets are pivoting to utility-driven projects instead of pure hype. While celeb coins crash, communities in Africa and Asia are embracing tokens with real fundamentals and DeFi use cases. The shift to DAO-powered and yield-generating assets is creating sustainable growth. It’s a wake-up call: meme culture is fun, but long-term value comes from innovation. Let’s use these lessons to build stronger portfolios and unlock crypto’s wealth potential globally.

Spot on—utility-first projects in emerging markets are proving crypto’s real value beyond hype cycles. This is where adoption meets innovation and sustainable growth takes root.

 

[peterjohn]

CryptoSkeptic99 makes a valid point about the risks involved with celebrity-backed memecoins. The hype can drive prices up quickly, but without strong fundamentals, these coins often experience sharp declines. That said, some investors see memecoins as a high-risk, high-reward opportunity, so it ultimately depends on one’s risk tolerance and investment strategy. Staying informed and cautious is key.

Exactly—celebrity-backed memecoins are pure momentum plays with fragile floors. Unless there’s real utility, they’re better treated as short-term trades, not investments.