Key notes
- Cardi B has been promoted to WAP again, including a portfolio address and provocative legend.
- WAP market capitalization increased from $ 2 million to $ 150,000 in a few minutes.
- Analysts reported the portfolio displayed as previously linked to a suspicious cryptographic activity.
The American rapper Cardi B once again promoted the controversial on the theme of the cat, the molded ass pussy (NC) on her official account X. The message also included a cryptographic portfolio address and the legend “even more humid than the last time”.
$ Wap is back 🐾💦
Even humid than the last time
CA: BZ7VVZQHM2KMW1XGCRDRUYEGA1MIWRAS1DQYSRX4TFKP
– Cardi B (@imcardib) June 3, 2025
In a few minutes after the tweet, WAP market capitalization increased from $ 2 million to $ 150,000. The price of the token jumped at $ 0.0019, but has since dropped by more than 90% to around $ 0.00019, erasing most of this week’s earnings.
WAP is now negotiated near the same levels he saw at the end of May. The price of the same part fell 80% in the last 24 hours.
Initially, many members of the Crypto community have hypothesized that Cardi B’s X account had been hacked. However, these doubts were resting when his account followed a post saying: “Not hacked. $ Wap Space to come soon.”
Crypto detectives increase red flags
Crypto investigator “Dethatif” raised red flags on X. He stressed that some portfolios had acquired large quantities of WAP only five days before the tweet.
So today, @IAMCARDIB remembered that she was still holding a large part of the $ Wap Provide and decided to execute another pump and a dumping ground.
The token went from 2.5 m to 139k a few minutes after the tweet
The discharge was launched by wallets that bought the token for about five days … pic.twitter.com/7nwr27rcza
– Désthève (@dethective) June 3, 2025
These portfolios would have poured the tokens just after the post of Cardi B, winning 10x of the profits in a few minutes. He argued that although Cardi B did not directly execute sales, promoting a questionable project on his profile makes her responsible.
Many have also raised concerns concerning the address of the portfolio shared by Cardi B analysts. Said that this address had been linked to a suspicious activity in the past, which has increased fears that the whole campaign was a coordinated carpet traction.
Several members of the community have suggested that the sudden involvement of Cardi B with WAP could be financially motivated, referring to her recent public spat with her distant husband, offset, child alimony and alimony.
The previous involvement of Cardi B with Wap Token
It is interesting to note that this is not the first run-in of Cardi B with WAP. In October 2024, she promoted the same token and the same wallet, which was then reported by the security company Peckshield for potentially malicious behavior.
This incident even led to an official investigation by the Securities and Commodities Authority of the United Arab Emirates after investors accused the project of manipulation and market fraud.
Crypto commentator Patrick Schmitt criticized those who invested in the token, saying that they should have known better after the previous controversies.
If you fall again for ghetto trash cans @IAMCARDIB And her $ Wap Scam, well deserved! You will never learn! pic.twitter.com/bvywfu7rid
– Mrpatrickschmitt (@MR_PSCHMITT) June 4, 2025
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
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