@Sakura please summarize this article, thanks uwu.
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TLDR 
This article discusses the recent trend of celebrities launching their own cryptocurrency tokens, as well as the continued growth of the Ethena stablecoin USDe.
Key Points 
- Celebrities like Caitlyn Jenner, Trippie Redd, Lil Pump, and Soulja Boy have been launching their own meme coins, leading to controversy and criticism.
- While some argue this will onboard new users to crypto, others see it as a net negative with extractive outflows from the ecosystem.
- The Ethena stablecoin USDe has seen relentless growth in supply, becoming the 4th largest stablecoin by market cap.
- This is attributed to the consistently high yields offered on sUSDe, as well as Ethena’s impressive partnership and integration efforts.
In-depth Summary 
The article starts by discussing the recent trend of celebrities launching their own cryptocurrency tokens. This has been a highly controversial and polarizing topic, with some arguing it will onboard new users to crypto, while others see it as a net negative that will lead to extractive outflows from the ecosystem.
The author provides an analogy to explain how these celebrity coin launches often play out - an initial successful launch is quickly followed by a flood of copycat projects, each with more clickbait marketing and shady business practices than the last. This has been seen with various trends in the past, from OHM forks to high-yield farming projects.
Specific examples of celebrity coin launches are provided, such as Caitlyn Jenner’s Solana-based coin that briefly reached a $40 million market cap before crashing, and the lackluster performance of Iggy Azalea’s more thoughtfully-launched coin.
The article then shifts focus to the relentless growth of the Ethena stablecoin USDe, which has become the 4th largest stablecoin by market cap. This is attributed to the consistently high yields offered on sUSDe, as well as Ethena’s impressive partnership and integration efforts across the DeFi ecosystem.
ELI5 
Some famous people have been making their own cryptocurrencies, which has caused a lot of arguments online. Some people think it’s good because it will bring new people into crypto, but others think it’s bad because the famous people are just trying to make money and not really helping the crypto community.
Meanwhile, a stablecoin called USDe has been growing really fast and is now the 4th biggest stablecoin. This is because USDe offers really high interest rates, and the company behind it has been working hard to get USDe used in lots of different crypto projects.
Writer’s Main Point 
The main point of the article is to provide an overview of the recent trend of celebrity-backed cryptocurrency tokens, as well as the continued growth and success of the Ethena stablecoin USDe. The author remains somewhat neutral on the celebrity coin debate, but is clearly impressed by Ethena’s achievements in growing USDe.
