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The popularity of meme coins has surged in June 2024, with many projects going viral and showing relative strength. Mother Iggy (MOTHER) is a project gaining considerable interest, with Iggy Azalea promoting it and implementing token burns and other features. The project has gained traction on social media and has a merchandise shop where customers can use $MOTHER tokens. The project is up 122.25% in a week and has a market cap of $165 million.