On August 21, the token YZY launched by Kanye reached a market capitalization of 3 billion within one hour, combined with attention from big names like Arthur Hayes, becoming a phenomenal financial event.
This is not a coincidence; at the beginning of 2025, Kanye had debunked fake tokens, showing a desire for 'official legitimacy'; the current cryptocurrency market is caught in a 'narrative vacuum' due to the sideways movement of BTC and ETH, and YZY just fills the gap, igniting emotions.
Its explosion relies on two major engines + one catalyst
Kanye's cultural attention serves as the initial energy; Solana's low transaction costs and efficient processing support widespread participation; Arthur Hayes's public statement acts as a catalyst for the second market wave, drawing in funds.
Beware of selling pressure: Token unlock has a clear timeline — Starting T+3 months, tokens from the company, team, and ecological fund will gradually unlock, potentially facing a maximum selling pressure of 2.91% of total supply each month over the next two years. Key points need attention.
Different players have divergent views: old-school crypto investors see it as a bubble but can hardly ignore its impact; project parties/VCs view it as a template of 'IP is the white paper'; regulators see it as a regulatory challenge.
Is the celebrity Meme wave really coming back?
Although YZY successfully verifies the blockbuster formula of 'top celebrity IP + high-performance public chain + Meme + practical narrative,' it does not mean a new round of celebrity-led Meme wave is imminent. Currently, it is not recommended to chase, as the front row controls a large number of chips and is distributing them. On August 21, the token YZY launched by Kanye reached a market capitalization of 3 billion within one hour, combined with attention from big names like Arthur Hayes, becoming a phenomenal financial event.
This is not a coincidence; at the beginning of 2025, Kanye had debunked fake tokens, showing a desire for 'official legitimacy'; the current cryptocurrency market is caught in a 'narrative vacuum' due to the sideways movement of BTC and ETH, and YZY just fills the gap, igniting emotions.
Its explosion relies on two major engines + one catalyst
Kanye's cultural attention serves as the initial energy; Solana's low transaction costs and efficient processing support widespread participation; Arthur Hayes's public statement acts as a catalyst for the second market wave, drawing in funds.
Beware of selling pressure: Token unlock has a clear timeline — Starting T+3 months, tokens from the company, team, and ecological fund will gradually unlock, potentially facing a maximum selling pressure of 2.91% of total supply each month over the next two years. Key points need attention.
Different players have divergent views: old-school crypto investors see it as a bubble but can hardly ignore its impact; project parties/VCs view it as a template of 'IP is the white paper'; regulators see it as a regulatory challenge.
Is the celebrity Meme wave really coming back?
Although YZY successfully verifies the blockbuster formula of 'top celebrity IP + high-performance public chain + Meme + practical narrative,' it does not mean a new round of celebrity-led Meme wave is imminent. Currently, it is not recommended to chase, as the front row controls a large number of chips and is distributing them.
