Following the unsuccessful launch of Libra, a meme coin backed by Argentinian president Javier Milei, another cryptocurrency project is generating buzz within the crypto market. American rapper and entrepreneur Kanye West, formerly known as Ye, is now seeking to enter the competitive meme coin sector with his YZY token. The initial launch date was February 20th, but it has been postponed indefinitely due to ongoing controversies surrounding his anti-Semitic statements. This development raises questions about whether or not YZY will ever see the light of day, given the uncertain market environment and lack of concrete timelines. Will this project ultimately succeed or face similar challenges as other celebrity-backed meme coins? Let’s analyze the intricacies behind this upcoming venture.