what's YZY?
YZY is a meme coin launched by Kanye West, also known as Ye, as a blockchain-based token intended to represent a new economy built on chain. It emerged amid the broader trend of celebrity-endorsed cryptocurrencies, leveraging the artist's cultural influence to drive initial community engagement and trading activity on decentralized exchanges, primarily on the Solana blockchain for its speed and low fees. The token's mechanics follow standard meme coin structures, with a fixed supply distributed through liquidity pools and no inherent utility beyond speculative trading and potential ecosystem integrations hinted at by the creator. Post-launch, it experienced rapid volatility typical of such assets, highlighting the risks of centralized supply holdings and market manipulation in the meme coin space.
YZY unlocks 12.5M tokens (3.57% supply) on Jan 18, 2026.
contract
solana
Unlocks 12.5M tokens on January 18, 2026, representing 3.57% of total supply.
Reached a market capitalization of $3 billion by the end of 2025.
Token unlock event followed by coordinated insider trading activity showing substantial gains.
Token launches at $3.2B market cap, subsequently drops to 155M with negative funding rates.
Initial token distribution shows 94% insider ownership with 87% previously controlled by single multisig wallet, indicating high manipulation risk.
Upcoming memecoin launch discussed. Reports indicate Kanye's X account was sold/managed by BarkMeta for $17M. Project faces skepticism due to concerns about celebrity memecoins.