🔥 Kanye West launches his YZY memecoin! 🔥
Controversial rapper and businessman Ye (Kanye West) announced the release of his own YZY token, which was supposed to be released on Thursday, but the launch was postponed to Friday.
💰 Who will get the tokens?
✔️ 70% — Kanye himself
✔️ 10% — for liquidity
✔️ 20% — for investors
YZY will be used as a means of payment accepted on the Yeezy website.
😈 Why did Kanye decide to launch crypto?
After a series of scandals and the loss of contracts with Adidas, Balenciaga and Shopify, Ye is looking for ways to bypass restrictions. According to Coindesk, the YZY memecoin will help him avoid pressure from digital platforms.
🧐 What's next?
The memecoin market has already experienced hype with PEPE, WIF, and BONK. The question is, will YZY become the next crypto phenomenon or just another Kanye scandal?
