Kanye’s YZY Cryptocurrency Suffers Major Crash Amid Insider Trading Claims

Kanye West’s cryptocurrency token, YZY, achieved a staggering $3 billion market capitalization within just 40 minutes of launch on the Solana blockchain. However, this success was short-lived as concerns over insider trading led to a dramatic collapse of its value. Initial reports reveal that 94% of the total tokens were held by insiders at launch, with a single investor controlling an astonishing 87% of the supply. 3.0 billion in market cap. 94% of the YZY tokens were controlled by insiders at launch, and a single wallet held 87% of the total supply. This raised serious concerns about potential market manipulation.