Post by: Administrator on August 29, 2025, 03:15:45 AM
Over 70,000 wallets piled into the YZY memecoin, but most lost money as its price collapsed by over 80%, underscoring the risks of celebrity-backed tokens.
Source: Kanye West’s YZY token: 51,000 traders lost $74M, while 11 netted $1M (https://cointelegraph.com/news/kanye-west-yzy-token-crash-51000-traders-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)