Wu said that well-known rapper Kanye West tweeted, announcing the launch of a meme coin called 'YZY' on the Solana blockchain, and it is currently unconfirmed whether the account was hacked. GMGN data shows that the token's market value peaked at $2.04 billion after it was released, and it has now dropped to around $1.4 billion. The top four address holders hold 95.17% of the token.