🤔The American singer KANYE WEST launches #YZY on #Solana and has become our latest case of #PumpAndDump
🔸️ #YZY reached a market capitalization of $3 billion #USD💵 in 40 minutes, and then plummeted to $1.05 billion.
🔸️ Now it has dropped 90% to $300 million, amid rumors of insider selling.
🔸️ More than 60% of the 56 thousand traders of #YZY are in losses.
🔸️ The top 10 wallets made $13.5 million in profits.
🔸️ Fake tokens like #YeezyCoin and #Swasticoin collapsed after the launch.
🔸️ Despite the evidence (verified contract, video of Kanye, market cap of $3 billion), some still consider #YZY a scam.
🔸️ One theory claims that Kanye's team launched 25 tokens, and that YZY was chosen as the "true"
#YZY #crypto #trading