🙂 Kanye West launched his coin.
😭 Ye posted his YZY contract on X late at night. Within 40 minutes, the market capitalization soared to $3 billion while exchanges were still indexing the token.
💵 Early holders have already made a profit, achieving a x3 return in a couple of hours as the market cap skyrocketed. The marketing promises Ye Pay, YZY Card, and other fintech services + the contract indeed features vesting through Jupiter Lock and protection against sniper bots.
The main catch is that 87% of the tokens are held in one wallet, so a rug pull is not far off. Trump can, but Kanye cannot? 🍆