You Won’t Believe What Cardi B Did to the WAP Memecoin – 80% Crash in 24 Hours!

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Ah, memecoins. A delightful concoction of digital currencies that have as much value as your cousin’s backyard invention of “Tesla toilet paper.” And, of course, why let the fun stop there? Celebrities, the champions of financial wisdom, have jumped into the fray, promoting memecoins with the same enthusiasm they apply to their daily social media posts about “vibes.” Trump, Musk, Tate, Wiz, Caitlyn… all big names. But, unsurprisingly, most of these “innovative” coins turned out to be about as reliable as a soggy paper towel.

Enter Cardi B. Yes, that Cardi B, the Grammy-winning rapper who has now found herself in the middle of the latest crypto fiasco after enthusiastically promoting the WAP memecoin. Which, if you’re wondering, isn’t named after the sound you make when you drop your phone in the toilet. No, it’s actually short for “Wet Ass Pussy” — yes, that “WAP,” the same one from the song that we all pretended to understand the first time we heard it. 🚨

Cardi B Promotes WAP Memecoin 🤯

Cardi B, possibly on a mission to make more money than you’ll see in your lifetime, posted about the WAP memecoin on her official X account. She included a wallet address, and the internet collectively asked, “Wait, is this another scam?!” Why, yes, yes it is. Cardi B cheekily referenced her famous song, stating it was “even wetter than last time” (don’t ask, don’t tell).

$WAP is back

Even wetter then last time

CA: Bz7vVzQhm2KMW1XgcrDruYega1MiwrAs1DQysrx4tFkp

— Cardi B (@iamcardib) June 3, 2025

The crypto world, always ready to pounce on anything remotely sketchy, wasted no time pointing out that Cardi’s wallet address had some… let’s say, “colorful” associations with shady activities. But hey, who wouldn’t trust a person who made a hit song about, well, let’s just say “unfiltered thoughts”?

This isn’t even Cardi B’s first time peddling this particular memecoin. She’s done it before. Back in October, she posted the same wallet address, and blockchain security experts warned that this could very well be a scam. (Spoiler alert: they were right.)

Why Are Experts Calling It a Scam? 👀

Enter the ever-vigilant ZachXBT, crypto investigator extraordinaire, who had a few thoughts on why Cardi B was sharing this particular memecoin now. His theory? Cardi B might just be trying to make a quick buck, given that she’s, allegedly, embroiled in a slightly “messy” situation with her estranged husband, Offset. And if Offset isn’t paying child support, well, why not sell a few memes to cover the bills, right? Just a thought. 💸

WAP Token Price Crashed BY 80% 😱

And then, as if by some magical force (or perhaps just the whims of the market), the WAP token’s value plunged faster than you can say “dump and pump.” It went from a market cap of $2.5 million to a measly $139,000 in just a few minutes. The price dropped by 80%, leaving only the most dedicated of WAP investors wondering what they did wrong—besides, well, everything.

Meanwhile, the ever-mysterious crypto detective “dethective” noticed a peculiar trend. A few whales—people who throw around large sums of money like it’s monopoly cash—had bought into WAP just days before Cardi’s tweet. And then, surprise surprise, they sold their tokens faster than you can say “I knew this was going to happen.” Talk about an efficient “pump and dump” scheme! 🐋💥

So today, @iamcardib remembered that she still held a large portion of the $WAP supply and decided to run another pump and dump.

The token went from 2.5M to 139k a couple of minutes after the tweet

The dump was triggered by some wallets that bought the token around five days…

— dethective (@dethective) June 3, 2025

Now, Cardi B’s influence is such that, even when she’s promoting a coin that might just be the digital equivalent of a bad decision, she can cause a “price spike” that conveniently benefits some people. The classic “pump and dump” move—always a crowd favorite. 🎉

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2025-06-04 11:53