Thousands of buyers of Kanye West's YZY tokens are left with millions in losses
No one doubted that it would be a scam. Last week, rapper Kanye West has launched a memecoin on Solana called YZY. The coin soared and fell quickly on the same day. Information about insider trading and snipers immediately emerged, combined with thin liquidity and rapid speculation. Thus, out of 70201 YZY traders, only 18333 remained profitable.
Kanye West launches YZY memecoin, which has tripled in value in an hour
Kanye West, who has long promised to issue his own coins, has finally done so. It turned out that it was not about nazi tokens Swasticoin. The memecoin on Solana, dubbed YZY, reached a market capitalization of $3 billion and a price of over $3 in just over an hour. But given the reputation of the rapper and memecoins in general, traders quickly had…
Nazi memecoin? Rapper Kanye West launches Swasticoin
The American rapper and entrepreneur Kanye West, known as Ye, has previously announced the release of his own token. The coin was to be called YZY and serve as a means of payment in the Ye online store. The launch was supposedly planned for Thursday or Friday, but the plans were undermined by the recent the scandal surrounding the LIBRA token.
Nazi rapper Kanye West to launch his own tokens, and will keep 70% for himself
American rapper and entrepreneur Kanye West, known as Ye, who has recently been openly calling himself a Nazi, is planning to launch his own YZY token. The crypto coin will be created so that Ye can bypass traditional platforms such as Shopify, which have stopped cooperating with him because of his hateful statements.
«Gays are controlled by Gates» and other gems: Lawsuit accuses Kanye West of racism against African-Americans, Judaism and homophobia
In a lawsuit filed on Tuesday, a former employee accused Kanye West of racism directed at African Americans and said he witnessed West’s homophobic and anti-Semitic outbursts. Trevor Phillips, who is African-American, claimed that West berated him and humiliated him in front of others — several employees noted that West treated…
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