Finance
Share this article

Iggy Azalea's MOTHER Token Jumps Over 50% After Partnering With DWF Labs

MOTHER jumped as much 50% after the announcement to over 4 cents.

By Parikshit Mishra|Edited by Aoyon Ashraf
Updated Jul 11, 2024, 2:14 p.m. Published Jul 11, 2024, 2:10 p.m.
TEL AVIV, ISRAEL - JUNE 10: Iggy Azalea performs at the Tel Aviv Pride Parade on June 10, 2022 in Jerusalem, Israel. The annual Pride Parade draws thousands of people from around the world and across Israel. According to a 2019 report it is the largest pride parade on the continent of Asia. (Photo by Alexi Rosenfeld /Getty Images)
Iggy Azalea performing in 2022. (Alexi Rosenfeld /Getty Images)

Iggy Azalea is venturing deeper into crypto with a partnership with crypto market maker DWF Labs, the firm said in a social media post on Thursday.

DWF Labs said it is partnering with the Australian rapper in a post on X, without giving any details on the partnership. The announcement sent the MOTHER token skywards.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

MOTHER jumped as much as 50% to over 4 cents after the post.

Iggy Azalea started the controversial token in late May to modest fanfare. However, soon after its launch, the token rose significantly, turning its early holders into millionaires overnight, even though many in the crypto circles questioned its legitimacy.

Last month, the rapper said that MOTHER token holders might soon be able to buy buy cell phones and telecom plans from Azalea's planned telecommunications company.


memeIggy azaleaDwf labs

More For You

Protocol Research: GoPlus Security

By CoinDesk Research
Nov 14, 2025
Commissioned byGoPlus
GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks

By Will Canny, AI Boost|Edited by Sheldon Reback
5 hours ago
Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.

What to know:

  • Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
  • The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
  • The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.

Read full story