$SOL
$YZY
Main news of the week: memes, exchange tokens, and a new stablecoin
🟠 Kanye West and the meme coin YZY
The launch on Solana provided $3 billion in capitalization within hours and a drop of -60% after a day. Suspicions of insider selling, abnormally large shares in certain wallets. Another reminder: celebrity coins = casino.
🟠 OKB and BNB — a new surge in exchange tokens
OKB +45% in a day, BNB at ATH $880. The growth of platform activity and on-chain signals are driving upward, but the euphoria is fragile: ATH often turns into pullbacks.
🟠 MetaMask launches its stablecoin mUSD
Backed by the dollar and US Treasuries, issuance is managed by Bridge (Stripe). Integration in MetaMask: exchange, multi-chain, MetaMask Card. The wallet is turning into a payment service.
🟠 Libra and new Kanye tokens
The court unlocked $57.6 million in the Libra case, and immediately a new token named after Kanye is released on Meteora. Coincidence? Skepticism is increasing — the insider information and manipulations are too obvious.
🟠 Cracker Barrel: redesign for $500 million
They removed the barrel from the logo — stocks plummeted by -12%. Customers perceived it as a “betrayal of the brand.”
📌 The market lives on the contrast of hype and fundamentals: memes burn out, exchange tokens and stablecoins form a new framework.