🚨 The Kanye Effect: a surge of 170 million dollars followed by a crash 🚨
A simple retweet from Kanye West with the hashtag #YZY a propelled the market capitalization by 170 million dollars, before everything collapsed shortly after.
An investor, on the lookout for Kanye's movements, injected $755,000 but lost $465,600 $ in just one hour… not to mention $10,000 $ in JitoTip fees.
A brutal reminder: meme coins are a high-risk game, but with potentially huge gains. 🎢