YZY is a new Meme Coin issued on-chain Solana, attracting attention with a market cap of about 1.5 billion USD and a 24-hour trading volume of 160 million USD.
YZY was launched on Solana by artist Kanye West, quickly gaining significant traction as it became a trading focal point in a short time.
MAIN CONTENT
YZY is a new meme coin on the Solana blockchain.
The current market cap is at 1.5 billion USD.
The 24-hour trading volume reached 160 million USD.
What is YZY and which blockchain is it developed on?
YZY is a new Meme Coin launched on the Solana blockchain with a commitment to fast transaction performance and low fees. Developing on Solana leverages the platform's high scalability, helping YZY effectively reach users and investors.
Solana is famous for its fast processing speed and low transaction costs, optimized for new tokens and rapidly developing projects, especially meme coins that are attracting a large community.
What achievements has YZY made since its launch?
Immediately after its release, YZY had a market cap of about 1.5 billion USD, demonstrating strong appeal from the cryptocurrency community. At the same time, the most recent 24-hour trading volume reached 160 million USD, reflecting high interest and liquidity.
This impressive figure shows the initial success of YZY in attracting investors and creating trading momentum on Solana, a platform trusted by many major projects in the cryptocurrency industry.
"We expect YZY to become a new symbol of the cryptocurrency community on Solana, combining speed and accessibility."
Kanye West, artist and founder of YZY, 21/08/2024
What is the influence of YZY in the current meme coin market?
YZY quickly scores points with a high market cap and trading volume, an important indicator of market strength. In the context of meme coins often experiencing large fluctuations, YZY is viewed as a positive case thanks to support from the community and the Solana platform.
This helps YZY build more credibility compared to many other meme coins and opens up opportunities for collaboration and development in the broader cryptocurrency ecosystem.
Compare YZY with other meme coins in the market
YZY features (Solana) Some other popular meme coins Blockchain Solana Ethereum, Binance Smart Chain… Market cap 1.5 billion USD Variety, from hundreds of millions to several billion USD 24h trading volume 160 million USD Varies by coin, highly volatile Transaction speed and cost Fast, low fees Depends on the platform, can be higher and slower
Frequently asked questions
On which platform is YZY developed?
YZY is developed on the Solana blockchain, notable for its fast processing speed and low transaction fees, suitable for meme coins.
What is the current market cap of YZY?
YZY has a market cap of about 1.5 billion USD, according to the latest trading data.
What is the 24-hour trading volume of YZY?
The 24-hour trading volume of YZY reached 160 million USD, indicating high liquidity and strong interest from investors.
What makes YZY stand out compared to other meme coins?
The advantage of YZY is the Solana platform with fast transaction speeds and low costs, helping attract trading and develop a strong community.
Who is behind the creation of YZY?
Artist Kanye West is the founder and issuer of the Meme Coin YZY on the Solana platform.
Source: https://tintucbitcoin.com/moonshot-chinh-thuc-niem-yet-yzy/
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