EddieJayonCrypto
22 Feb 25
Crypto bettors on Polymarket are speculating on the launch of a YZY token by Kanye West, with over $11 million already staked. The market odds currently place the chances of the token's launch at 76%, following reports suggesting Ye's interest in a digital asset. The potential YZY token could serve ...
Crypto speculators are betting big on the potential launch of Kanye West's YZY coin, despite previous denials. Blockchain data reveals YZY-themed tokens on Solana's Pump.fun platform, fueling speculation that the YZY memecoin could become the official currency for Ye's Yeezy clothing line. Distribution plans allocate 70% of the total supply to Ye, with controversy surrounding scammers offering $2 million for a fraudulent memecoin endorsement.
On Polymarket, over $11 million has been staked on the launch of a YZY token by Kanye West, now known as Ye. Market odds currently place the chances at 76%, following reports of Ye's interest in a digital asset. The surge in bets follows the appearance of YZY-themed tokens on Solana's Pump.fun platform, although their legitimacy remains unverified.
Reports suggest the YZY memecoin could be the official currency for Ye's Yeezy clothing line, with distribution plans allocating 70% of the total supply to Ye. Less than two weeks ago, Ye rejected a $2 million offer from scammers to endorse a fraudulent memecoin using his name. The proposal included an upfront payment of $750,000 and an additional $1.25 million after promoting the token, highlighting the controversies surrounding the potential YZY token.