Kanye’s YZY Token Surprises Crypto Market, Raises Concerns About Manipulation

Renowned musician and entrepreneur Kanye West has launched a cryptocurrency token named YZY on the Solana blockchain. This move has sent shockwaves through the crypto community, with the token reaching a market value of $3 billion before subsequently settling at $1.37 billion. While the project’s ambitious goals of empowering users outside traditional systems have drawn attention, concerns surrounding potential insider trading and market manipulation remain.