Kanye is back to scoop up crypto money... He just launched a meme coin called 'YZY' on Solana.
@kanyewest
$YZY
Initial CA: DrZ26cKJDksVRWib3DVVsjo9eeXccc7hKhDJviiYEEZY
There are many coins with the same name as YZY, but this one is the original.
In less than 3 hours, the market cap shot up to 3 billion dollars and has now dropped back to over 1 billion. As long as Kanye doesn't rug, there should still be some play left. After all, the HYPE has already gone up to 3x contracts, and it's just a matter of time before it goes live on other exchanges.
Some people are puzzled as to why there are players in this obviously pump-and-dump coin. It's simple: it goes up. Retail investors are famous for chasing pumps and selling on dips. Compared to many serious project teams that pull liquidity right after listing and then blame retail for not buying, their mindset is too small! #DYOR