Well, well, well! If it isn’t Ye’s token launch, already stirring up more drama than a soap opera! 🎭
- YZY shot up to a whopping $3 billion, then took a nosedive faster than a lead balloon to $300 million! 🎈💥
- Insiders were like kids in a candy store, scooping up tokens and cashing out before the ink was even dry! 🍭💰
- And get this: Kanye was offered $2 million to pull a fast one on his fans with a fake Ye crypto! Talk about a plot twist! 🎬💵
Less than 24 hours after its grand debut, Ye’s memecoin YZY (YZY) is already the talk of the town-mostly for the wrong reasons! On August 21, the same day it launched, Kanye’s shiny new toy went from a dazzling $3 billion market cap to a mere $300 million. Critics are pointing fingers at insider trading like it’s a game of hot potato! 🥔🔥
While the big fish were swimming in profits, the little guppies were left floundering! In total, 9,413 wallets made a profit of over $10, while a staggering 15,999 wallets saw losses greater than $10. Looks like the little guys are more likely to lose their lunch money than score big! 🐟💔
YZY Wallet Concentration: A Whale of a Problem! 🐋
Still, while the whales profited, ordinary traders lost more on average. In total, there were 9,413 wallets that made more than $10 in profit, while 15,999 saw more than $10 in losses. This means that smaller holders were more likely to lose money rather than gain.
ye(@kanyewest) launched the $YZY token. Note:
Only $YZY was added to the liquidity pool with no $USDC.
Dev may sell $YZY by adding/removing liquidity, similar to $LIBRA.Multiple insider wallets prepared funds in advance and immediately bought $YZY.
Insider wallet 6MNWV8 knew…
– Lookonchain (@lookonchain) August 21, 2025
And just when you thought it couldn’t get any crazier, Kanye revealed he was approached with a $2 million offer to promote a scam token! The plan? Post a link to a fake Ye crypto and then claim he was hacked after 8 hours. So far, no hacking claims, but the post has mysteriously vanished! Poof! 💨✨
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2025-08-21 17:52