Iggy Azalea Declares War on Memecoin Pump-and-Dumps With New Solana Launchpad: Report

Retired rapper and crypto entrepreneur Iggy Azalea is taking another step into Web3 with a new Solana-based platform called Thrust, a token launchpad designed to restore credibility to celebrity-led coins and curb the pump-and-dump culture that has plagued the memecoin ￰2￱ Australian artist, known for her 2024 memecoin MOTHER, will serve as creative director and strategic partner for the ￰3￱ officially launched on Wednesday and describes itself as a “culture coin” platform, one that merges blockchain’s transparency with enforceable entertainment ￰4￱ is the day. @IGGYAZALEA is our Creative ￰5￱ coins are ￰6￱ @thrustdotcom is going to make them ￰7￱ the beginning, we connected with Iggy on the idea of building a platform for the celebrities and creatives to create tokens the right… ￰0￱ ￰8￱ — Jake (@jakeantifaev) November 5, 2025 The goal, according to its founders, is to eliminate insider allocations, misleading promotions, and price manipulation schemes that have tarnished the celebrity crypto ￰9￱ Thrust: Iggy Azalea’s Bid to Make Celebrity Crypto Legit Again In the report, Azalea said that she had spent months rethinking how to make her own project sustainable.

“I’ve sort of been sitting dormant trying to figure out how can I create some sort of real revenue to put back into what we’re doing,” she said, referring to MOTHER. “How can I do more live events? How can I give more to the community? How can we do more?” Unlike open platforms such as Pump.

fun, which popularized Solana’s “memecoin meta” by allowing anyone to issue a token, Thrust will operate under stricter ￰10￱ project will be vetted, legally binding, and structured to protect both fans and ￰11￱ said her new role goes beyond design: “It’s not just that I aesthetically decide what things look like for Thrust as a company, but I’m a large part of the concepts when we’re white-gloving these celebrities onboard. I guess it’s almost like being a godmother.” The project’s co-founder, Jake Antifaev, described Thrust as an attempt to “onboard pop culture into crypto responsibly.” He said the company is building a framework where creators can engage fans with accountability, not speculation.

“We want people who are committed to creating experiences for their fans and actually want to be here and contribute,” he said. Thrust’s first release features Twitch streamer N3on, who has around 440,000 followers on Kick and is also part of Azalea’s separate venture, MOTHERLAND, a digital gaming casino. Azalea’s own MOTHER token will migrate to the Thrust platform by the end of the year, and she confirmed that actress Megan Fox is expected to debut her own token at Art Basel in ￰12￱ Azalea’s Thrust Platform Lets Fans Buy Creator Tokens With Crypto or Fiat The launchpad’s rollout gives fans direct access to creator tokens through a curated system designed to prevent early allocations and private insider ￰13￱ to them , each launch will follow a clear process: users join a creator’s community inside the Thrust app, add funds via crypto or fiat payment methods, and participate in a timed purchase ￰14￱ will then vest gradually, giving holders access to gated community spaces and exclusive content. ￰1￱ — Thrust (@thrustdotcom) November 4, 2025 According to Thrust, this model aims to restore trust following a series of high-profile token collapses that have impacted the celebrity coin ￰15￱ recent example was Haliey Welch’s HAWK token , which briefly reached a $490 million market cap before crashing 93% within ￰16￱ volatility reinforced criticism that most celebrity coins are short-lived speculative assets with little underlying utility or ￰17￱ herself has been no stranger to ￰18￱ MOTHER debuted in 2024, blockchain analytics firm Bubblemaps alleged insider activity , claiming wallets tied to early investors dumped roughly $2 million worth of the token after ￰19￱ dismissed responsibility, saying she could not control how independent holders acted.) June 10, 2024 The broader market for celebrity-themed tokens remains relatively small but ￰20￱ data shows a total market capitalization of about $84 million, with MOTHER ranking among the top gainers alongside projects such as BULLA and YZY.