YZY Token Crash Exposes Memecoin Manipulation, Leaving Traders Financially Strapped

Kanye West’s YZY token launch promised a boom in the memecoin market, but reality delivered devastating losses for many. Blockchain analytics firm Bubblemaps reveals that over 51,000 wallets associated with the token lost an estimated $75 million within days of its debut on the Solana network. Despite initial hype fueled by the celebrity’s involvement, this price collapse paints a stark picture of uneven market behavior and possible insider manipulation.