YZY Money, a Solana-based entirely mostly memecoin linked to Ye (formerly Kanye West), debuted earlier on Thursday with blistering beneficial properties and an equally enthralling controversy.
Ye’s X yarn posted in regards to the token in early Asian hours on Thursday, elevating immediate concerns about it being a compromised yarn. It later posted a video showing Ye talking about and confirming the issuance (it is unclear if it is the accurate Ye or an AI generation).
The token mercurial touched $3.16 in early buying and selling — a surge of nearly 6,800% from its trouble tag — with some trackers claiming it mercurial commanded a $3 billion market cap.
Within the lend a hand of the frenzy supposedly sits the broader YZY ecosystem, which Ye’s workers has pitched as at the side of a YZY token, a Ye Pay processor for transactions, and a YZY Card for global spending of YZY and USDC.
YZY’s building became once first printed by CoinDesk in February, which reported that 70% of provide would hotfoot straight to Ye individually, with 10% for liquidity and 20% for public sale.
At the time, insiders mentioned Ye had on the muse demanded an 80% stake — the same allocation building tied to Donald Trump’s TRUMP token — sooner than being negotiated down. The mission has also carried heavy baggage from the birth up. Ye had previously declared that “coins prey on the followers with hype” sooner than backtracking and approving YZY.
Sources prompt CoinDesk the token became once meant to mimic TRUMP’s success, even as Argentina became once roiled by a an identical scandal when President Javier Milei’s counseled LIBRA coin collapsed as a pump-and-dump.
Critics flagged then — and now — that such insider-heavy distributions tilt risk squarely in direction of retail merchants, especially when paired with a single-sided liquidity pool.
The token distribution displays 20% allocated to the final public, 10% to liquidity, and 70% to Yeezy Investments LLC, locked for twenty-four months below a structured vesting association by capability of Jupiter Lock.
To live bot-driven manipulation, 25 contract addresses have been on the muse deployed, with most spirited one randomly chosen because the legitimate token. That 1-in-25 anti-sniping setup became once billed as a fairer birth — but on-chain files suggests insiders soundless had approach entry.
🤡 pic.twitter.com/yJW6OHlWPu
— Darren Lau (@Darrenlautf) August 21, 2025
Analytics yarn Lookonchain identified pockets 6MNWV8 as colorful the contract handle in approach. The pockets even tried to fetch YZY sooner than birth. As soon as dwell, it spent 450,611 USDC to invent 1.29 million tokens at roughly $0.35 each. It later sold 1.04 million YZY for 1.39 million USDC, leaving 249,907 tokens price about $600,000 — reserving a profit of bigger than $1.5 million.
“Insider pockets 6MNWV8 knew the contract handle in approach and even tried buying the day prior to this,” Lookonchain wrote on X.
ye(@kanyewest) launched the $YZY token. Present:
Most effective $YZY became once added to the liquidity pool without a $USDC.
Dev can even sell $YZY by adding/doing away with liquidity, much like $LIBRA.A pair of insider wallets prepared funds in approach and straight sold $YZY.
Insider pockets 6MNWV8 knew… pic.twitter.com/qv7nsx0R4J
— Lookonchain (@lookonchain) August 21, 2025
OnChain Lens flagged an even bigger whale who invested 12,170 SOL (about $2.28 million) for 2.67 million YZY. Most up-to-date holdings are valued at $8.29 million — an unrealized invent of about $6 million.
Most effective YZY tokens have been seeded into the liquidity pool, without pairing against USDC. That single-sided setup permits developers or mighty holders so that it’s worthwhile to add and take away liquidity in strategies that effectively allow them to money out, a building much just like the controversial LIBRA token.
“Most effective $YZY became once added to the liquidity pool without a $USDC. Dev can even sell $YZY by adding/doing away with liquidity, much like $LIBRA,” Lookonchain infamous.
The hype and quick beneficial properties worth how valuable speculation soundless drives Solana’s memecoins.
Within the meantime, YZY has already slipped to nearly $1, with some early merchants taking heavy hits.
On-chain files displays pockets 6ZFnRH spent 1.55 million USDC to fetch 996,453 YZY at $1.56, most spirited to sell at $1.06 for 1.05 million USDC — reserving a lack of nearly $500,000 in below two hours.
Study extra: Ye, Self-Proclaimed ‘Nazi’ Who Said ‘Money Prey on Followers,’ Plans YZY Token
