American rapper Kanye West would be ready to launch a room even by the end of the week. Nicknamed $ Yzy, the medal should provide holders with a certain utility while keeping against price reductions.
A wave of activity around the launch of Kanye West Memecoin
While details Around the Kanye West’s meme play remains sparse, the initiates say that the project is moving forward. According to reports, $ Yzy will work as the official currency of the brand and the Yeezy website in the middle of the recent reaction against the rapper.
According to the alleged anti -Semitic rhetoric by Kanye West, Shopify has closed his online store, forcing the rapper to explore digital assets. According to internal documents, $ Yzy will be accepted as payment on the rapper’s website, providing an alternative to consumer platforms.
Sources indicate that 70% of Kanye West Memecoin are intended for the rapper, while 20% will go to investors. 10% of tokens will be deployed for liquidity supply, an attempted tokenomics of Mirrord Top same corners Like Dogecoin.
A sloppy launch for $ yzy
Initially scheduled for launch on February 20, $ Yzy struck a series of stumbling blocks. To start, the rapper deleted the previous items on X referring to the launch of the same.
The 47 -year -old rapper also deleted Conversations involving a founder of Binance Changpeng Zhao is linked to the new Yzy $. Public enthusiasm for the project decreased after Kanye West adopted a Nazi position with the proposed launch of “Swasticoin”.
For the moment, it is not clear if Kanye West’s memes play will be released. A polymarket bet was launched, 36% predicting that the rapper will unroll a room before the end of February.
The feelings have changed for the Kanye West Memecoin
After delays and erratic publications on X, optimism among investors was attenuated for $ Yzy. Kanye West revealed on the social media platform that he no longer had control of his X account, but a transversal cut of users caches him to the eccentricity of the rapper.
The drop in high level prices of Scam $ Balance Token Line in the Argentine president left investors with a sour taste in the mouth. Despite the negative feelings, investors still score the horizon for early access to a piece of memes by Kanye West.
Aliyu Pokima
Warning: The content presented may include the author’s personal opinion and is subject to the market state. Do your market studies before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
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