Millions Wiped Off After Kanye West's Crypto Tweet?

Millions wiped off after Kanye West's crypto tweet?

Earlier, Kanye West shared a tweet about crypto, “WHEN PEOPLE MAKE ALL THAT MONEY WITH A COIN IS THAT CASH OR CONCEPT.”Given the Chicago rapstar's alleged interest and his following an account on X called YZY Money, it...

Kanye West YZY Meme coin Surges Fast but Faces Centralization

The Kanye West YZY meme coin had a dramatic start on the Solana blockchain, climbing 814% to reach $1.86. Its market cap quickly rose to nearly $3.2 billion before falling back to around $1.3 billion. The launch has drawn extra attention because earlier this year, Ye turned down a $2 million deal to create a token, saying at the time that such coins often take advantage of fans by using hype. His decision to move forward with the ‘YZY Money’ pro…

Kanye West launches crypto meme coin hits $3 billion market cap

Ye, formerly known as Kanye West, has launched his own cryptocurrency, Yeezy Money (YZY), on the Solana (SOL) blockchain.  Posting on X, the rapper described the project as “A NEW ECONOMY, BUILT ON CHAIN,” sharing a contract address as well as a link to its official website. The token sparked doubts among fans, given that Ye was against the idea of creating his own crypto in February, when he said he didn’t want to exploit fans after allegedly r…

Kanye West’s Crypto Reaches $3 Billion Then Collapses

The post Kanye West’s Crypto Reaches $3 Billion Then Collapses appeared on BitcoinEthereumNews.com. Altcoins Kanye West’s foray into crypto sent shockwaves through the Solana ecosystem this week, as his newly launched meme coin, YZY, briefly soared past a $3 billion market cap within hours of release before crashing back to earth. The hype surrounding the token was fueled by West’s brand power and the promise of an accompanying ecosystem, includ…

YZY Rockets To $3B Then Flash Crashes—Kanye Meme Coin Hype Turns $1M Gains To Dust In Minutes

YZY Coin, inspired by Kanye West’s Yeezy brand, became a sensation in Solana’s crypto world. It quickly soared to a $3 billion market cap, driven by hype and excitement. However, it crashed just as fast, wiping out fortunes in minutes. This coin wasn’t just another token; it became a cultural moment, blending Kanye’s bold style with the meme coin craze that turns internet jokes into billion-dollar gambles. There were rumors that Kanye West was d…

Kanye’s $YZY Hits $3B, But Is It Another Celebrity Hype Trap?

Kanye West’s YZY memecoin briefly hit a $3B market cap before sliding back to $1.5B. The top six wallets control over 90% of YZY’s supply, raising centralization concerns. Analysts warn YZY could follow failed celebrity tokens despite Ye Pay and YZY Card plans. Kanye West has entered the crypto scene with a new Solana-based meme coin, YZY. The token surged to a $3 billion valuation within minutes of launch, drawing massive attention from fans an…