Kanye West's recent launch of Token YZY created a significant wave in the cryptocurrency market but experienced strong fluctuations with profits primarily going to the insider group.

Token YZY started with a market capitalization of 3 billion USD, surged by 1,400% and then dropped by more than 74%, currently only valued at 87 million USD. Many retail investors lost money, while large wallets profited tens of millions of USD.

MAIN CONTENT

  • Token YZY surged and then dropped sharply, with a market capitalization of only 87 million USD.

  • Andrew Tate made 16,000 USD from a short YZY position, but his total losses in perpetual trading reached nearly 700,000 USD.

  • The insider group made huge profits, while many retail investors suffered heavy losses.

How has Kanye West's Token YZY fluctuated since its launch?

Token YZY quickly surged to 1,400% after its launch, reaching an initial market capitalization of 3 billion USD. However, the price then dropped sharply, currently only at 87 million USD with a 33% decrease in the last 24 hours.

The rapid growth effect is due to liquidity primarily involving Token YZY, without USDC, allowing early investors to manipulate the price. The deep decline caused significant losses for small and medium investors.

How does Andrew Tate make money from trading Token YZY?

Andrew Tate, the controversial influencer, opened a 3x short position on Token YZY with a current profit of about 16,000 USD. However, overall, he has a poor win rate in 80 futures trades, achieving only 36.25% with total losses reaching 699,000 USD.

Tate's significant losses reflect the high risk and unpredictable volatility of the cryptocurrency market, even for celebrities who participate actively.

Who wins and who loses in Token YZY trades?

The insider group has reaped millions in profits by knowing information in advance and participating in a liquidity pool that only contains Token YZY, without USDC. One celebrity in this group made over 3 million USD, while some other investors suffered significant losses.

For example, a large investor lost 500,000 USD after buying nearly 1 million Token YZY at a price of 1.56 USD and then selling it at 1.06 USD; another trader lost 159,000 USD with 2 leveraged long positions at 3x and continues to trade seeking recovery opportunities.

Andrew Tate and the risks in the cryptocurrency field

Andrew Tate not only participated in trading Token YZY but also promoted and invested in several other cryptocurrencies like Daddy Tate (DADDY) or Andrew Tate’s Dog (G), but all experienced fluctuations and significant losses, showing the high risks of relying on a name in the market.

Many cryptocurrencies promoted by celebrities quickly lost value by up to 99%, with some tokens having up to 30% of their supply controlled by insider groups. This serves as a warning about the level of risk when investors follow unverified advice.

Not every piece of advice from celebrities is reliable in the volatile cryptocurrency market.

“Many famous investors like Andrew Tate have proven that investing in cryptocurrencies is very risky and does not always yield profits.”
– Financial expert Nguyen Van Binh, Cryptocurrency Investment Forum 2025

Frequently Asked Questions

What is the current price of Kanye West's Token YZY?

Token YZY currently has a market value of about 87 million USD, down significantly from its initial peak of 3 billion USD.

Did Andrew Tate win or lose when trading YZY?

He made a profit of 16,000 USD from a short YZY position but has total losses from futures trades amounting to 699,000 USD.

Who are the main beneficiaries of Token YZY?

The insider group, with at least one person earning over 3 million USD by knowing information in advance and controlling liquidity.

Why does Token YZY fluctuate so much?

Tokens are manipulated due to unbalanced liquidity, containing only YZY without USDC; many individual traders suffer heavy losses.

Should one invest based on celebrity advice in cryptocurrency?

Due to high risks and many cases of losses, one should conduct thorough research and rely on reliable data.

Source: https://tintucbitcoin.com/andrew-tate-loi-nhuan-16k-lo-700k/

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