Kanye West’s YZY Token Launch Sparks Trading Frenzy Despite Anti-Sniping System
The debut of YZY Money, Kanye West’s newly launched cryptocurrency on Solana, has already drawn major attention—and controversy.
According to a report by The Block, the token’s rollout quickly attracted experienced memecoin traders, including a well-known figure in the crypto space.
Veteran trader makes $1.2M buy-in
Blockchain analytics firm BubbleMaps reported that the very first purchase of YZY came from a trader using the pseudonym “Naseem.” The investor spent $250,000 in USDC to acquire roughly $1.2 million worth of YZY tokens. Naseem, described as an “expert sniper” by BubbleMaps, previously turned a $1 million bet on Donald Trump’s Official memecoin into $100 million in profits.
Shortly after the…
