Kanye West’s ‘YZY’ Crypto Launch Met With Immediate Skepticism
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Hip-hop artist Ye, formerly Kanye West, has ventured into cryptocurrency with the apparent launch of “Yeezy Money” (YZY) on the Solana network.
While his social media post promoted it as the foundation of a “new economy,” the move has been met with significant doubt regarding its legitimacy.
The token’s listed $2 billion market cap is viewed with caution by experts, who often warn about the volatility of celebrity-endorsed crypto assets.
These concerns are amplified by the project’s own disclaimer, which explicitly states that YZY is an “expression of support” and “not an investment opportunity,” raising questions about its intended purpose.
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