- Polymarket bettors are 76% assured that Kanye West will launch a YZY crypto token this month.
- CoinDesk reported YZY could possibly be Yeezy’s official forex, with 70% of the provision allotted to Ye.
- Ye lately rejected a $2M rip-off supply to advertise a faux memecoin however hinted at future crypto involvement.
Crypto gamblers are betting exhausting on the concept that Kanye West (now referred to as Ye) will drop a crypto token this month. And the chances? They’re skyrocketing.
Proper now, Polymarket odds sit at 76%, a large 55% surge in simply 24 hours—pushed by contemporary experiences that Ye is transferring ahead with a YZY token, regardless of beforehand denying any curiosity in launching one.
For the time being? Over $11 million has already been wagered on the potential memecoin debut.
YZY Token—Actual or Simply Hype?
Whereas Ye hasn’t formally confirmed something, blockchain information reveals that a number of YZY-themed tokens have already popped up on Solana’s Pump.enjoyable platform. The issue? None are verified.
Nonetheless, earlier in the present day, CoinDesk reported that YZY might turn out to be Yeezy’s official forex—a declare attributed to an unsolicited press launch from Hussein Lalani, who recognized himself as Yeezy’s CFO. A number of insiders reportedly backed up the declare.
Ye hasn’t acknowledged the undertaking publicly—however the reported tokenomics are eye-opening:
- 70% of the provision reserved for Ye
- 10% allotted for liquidity
- 20% for buyers
- A few of Ye’s holdings locked for as much as a 12 months
Regardless of the hypothesis, Ye has continued his normal social media rants on X with out mentioning the token.
coinpedia.org
Rip-off Gives, Crypto Drama & Kanye’s Subsequent Transfer
This comes lower than two weeks after Ye claimed scammers supplied him $2 million to shill a fraudulent token utilizing his identify.
They promised him $750K upfront, with one other $1.25M after 16 hours.
The deal required his put up to remain dwell for no less than 8 hours earlier than he might delete it.
They even recommended he faux a hack to make it appear unintentional.
Ye turned it down, stating that his web value had already climbed again to $2.77 billion—with out crypto endorsements.
Nonetheless, he’s clearly curious concerning the area. He lately leaked a convo the place he was asking for recommendation—and was pointed within the path of Coinbase CEO Brian Armstrong.
So, is YZY truly coming, or is that this simply one other overhyped superstar money seize? For now, crypto bettors appear satisfied—however Ye remains to be retaining everybody guessing.