Another Celebrity Scam? Kanye West Memecoin Launch Leaves 60% Of Investors In...
Amid the controversial launch of Kanye West’s official memecoin on Solana, the crypto community has sounded the alarm for another potential celebrity token scam, with insider trading allegations outshining Ye’s party. Related Reading: Chainlink Eyes Crucial Resistance After $25 Reclaim – Breakout Or Breakdown Next? The Rise And Fall Of YZY On Wednesday night, controversial Hip-Hop artist and public figure Ye, better known as Kanye West, launched his official memecoin, YZY, on the Solana blockchain. West announced the token in his X account, posting the contract address (CA) in a picture....
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The Solana-based memecoin YZY, promoted by Kanye West (Ye), posted one of the most volatile debuts of the year, rocketing to a multi-billion-dollar valuation within minutes before retracing as on-chain sleuths flagged insider activity and a contentious liquidity setup. In an X post on Thursday, West shared the contract address and framed “YZY MONEY” as […]
Anticipation among both crypto enthusiasts and bettors remains high for a potential Kanye West meme coin. If it becomes a reality, which it should now that Kanye himself has confirmed the news, the token would almost certainly be one of the best cryptos to buy. The uproar has been caused by an alleged CoinDesk article, which all but confirmed Kanye’s meme coin ambitions. Rogue $YZY Token Rug Pulls As unfortunate as it is, an unregulated $YZY token started doing the rounds almost immediately after the rumors surfaced. It ended up becoming a rug pull, losing more than 80% of its value....
Rapper Kanye West has a love-hate relationship with the internet and he has already been the subject of quite a few memes, some of which were so popular that they were satirized by South Park on more than one occasion. As if Dogecoin was not enough, the flamboyant artist is about to get a digital currency named after him. Coinye West is the name of the new coin and it should go live in eight days. Though we can't fault the design and Coinye is certainly getting plenty of coverage, we are not sure Kanye or his lawyers will be flattered (if South Park is to be believed Kanye hasn't always....
U.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of the world’s best-selling musicians, having sold over 140 million records worldwide. He announced in July that he is running for President of the United States this year. In a podcast interview with Joe Rogan, published on Saturday, West confirmed that he is still in the running. “There’s a....
Cardano founder Charles Hoskinson has categorically dismissed rumors linking hip-hop artist Kanye West, now known as Ye, to a proposed token launch on the Cardano blockchain. In a brief video posted on X (formerly Twitter), Hoskinson poured cold water on speculation that Ye might roll out a cryptocurrency project under Cardano’s umbrella. No Kanye West […]