Kanye West, now known as you, it is no more than it is no more than you have been adventure in the wild world of cryptocrats on their partner, yzy. Advertised via a post on X, the coin promised a fresh of finance constructed around his yeezy brand. But at hours, it has become one of the most controversial launch, launching out of the tuah downhill.
Launch passed the cycle of promised concern if the lens is real, which account has been hacked and given the post a video of Kanye, if generated by AI.
We have seen this movement from many celebrities, even the president use, trying to murmur their popularity in a new way. With a band of adpician, there was an alternative path where kanye created a useful of utterance that could reward the pigeons or unique discounts or old. Instead of, what we have been a bit of a few mess and unfortunately a project that took the familiar route of pumping members and dumping in registration time.
Yzy technical breaking
Yzy is mentioned on the solic blockchain, known for their footwear and low, making a popular choice for memeins. If you review the token / coin They solveswe see most of the trade occurred mainly in the decéntalized exchange.
The liquidity is provided through a specific pool, but concerns committed before their configuration that lost potential rapid.
Supply and distribution
The total surveys is capped at 1 billion, and website described a distribution pattern intended to bend snipers, but did not work.
Website FAQ section features the heading ‘how is our anti-sniping system’ the details of who I am:
25 Contract addresses for the YHY have been arranged, with one selected to the azardu for the official yzy. This Dissipers by the Snipers doing a chance 1/5 for the selection of the right, which put the power in the hands of real workers
Even at the bottom of the website is this important message, unfortunately shown in the gray text on a white background, in small character.
The young people are meant to function as an expression of support and beliefs “and art and are not intended to be or the subject of the event of the event
Yzy is not available for people or entities in restricted jurisdiction
Users recognize that digital assets involve inherent and potential risks for full loss
Nothing on this site constitutes legal tips or financial investments
When the coins are launched, the structure or ‘tokenomic’ are important. With Kanye coin assigned to the public, while YeeZy Llc investments held to the velvet of the truth and 20 months with a 12 month cliff. This dresses uses jupiter lock for transparency, verifiable in real-time.
Associated tools
Launch a coin was not enough, Kanye also launched You pay, A Crypto Payment Processor, who promote to the merchant slash rates to handle credit cards and crypto. The YZY card leaves users pass YZY and USDC globally as a debit card. These horns possessing the ourselves as more than one meme, attack in a wider ecosystem separated from the coin itself. This has Depends on Kanye Coin actually worth something and as any wealthy store, have faith in future value.
Ing surge and store
To the launched, yyzy started modestly but she explained to more than 1,000% in value in 40 minutes of a $ 3 billion of $ 4.5 billion peak market This frenzin has pulled in thousands of traders pursuing the hype. However, the euphoria was in briefly live as volatility called difficult.
Only 24 hours post-laundered, the price had crooked about 66%, with the market tapp by adding the trades of the trades reported heavy sales, remove the earnings. As from now, YHY trades at about $ 0.86 for token, with a circulation of 300 million and a $ 258 million market tap
The breakup
What you started as excitement is quickly with accusations of insider business and unfair distribution. Reports have highlighted that 94% of the supply was initially held by the insider, including a single multisigig billets controlling 87%. This setup has raised red flags on the potential tap, where the misfortune may remove liquidity at any time.
The critics reported to the swimming pool levy hatchery, which has allowed registered investment to add USDC as the insidents hold the kingdom. The analysis has shown the top skills the billeters of the wallet that owns 70% tokens, handling handling cover.
A x has analyzed the negotiations to reveal that 5 tickets made $ 1m + as long as 56,000+ waste money, with an individual loses $ 1m in the hype.
Customs relative and backlash
The project terms include a class-classion action and ribs costs to users, a move seen as a scheduling for both things. Social Social erupted with “Scam” call and “Pull pull”, “.
As you throw a meme offers people with big follows to prepare for a payment, this is the best made from the value of the value they are willing to the goods.
Get out of your reputation to people you know for a memein is a bearer for this contoudreous type and one having a lot of fans as a result.
This path has resumed to be a terrible idea and that’s what is ever operating on a well that is completed well, about a taste in taste with a bad taste.