Kanye West Rejects Barkmeta Ties, But Mounting Evidence Suggests He May Have Sold His X Account to the Meme Coin Trader

Recent reports suggest that rapper and entrepreneur Kanye West, now known as Ye, may have sold his X (formerly Twitter) account to Barkmeta. The sale allegedly comes ahead of a planned crypto launch.

Music mogul Kanye West, now known as Ye, has sparked crypto enthusiasts' attention with an upcoming token launch. However, rumors swirling around the project point toward Barkmeta, a meme coin trader, being at the helm of the venture.

On-chain analyst Blade has highlighted Barkmeta's alleged involvement in several crypto scams. One notable incident includes the POX token rug pull in 2022.

Recently, Barkmeta collaborated with renowned crypto traders to launch the DeFiApes non-fungible token (NFT) collection, which garnered over 22,000 Ethereum (ETH).

Despite the initial success, the team reportedly abandoned the project, leading to a price collapse that wiped out over 90% of investors' funds.

In a recent development, Barkmeta has been hosting Twitter Spaces to hype up Ye's upcoming crypto venture. During one of these sessions, Blade pointed out Barkmeta's suspicious behavior.

As Ye announced the upcoming token launch, Barkmeta aggressively promoted the project, promising easy profits for all. However, Blade noted that Barkmeta appeared tense and unconvincing as the discussion progressed.

Moreover, Blade alleges that Barkmeta operates an alternate account under the handle Tall, which began following Ye's official X account.

Another detail that raised suspicion was a drastic change in Ye's X account's posting style. Notably, his posts exclusively covered cryptocurrency, with a tone that appeared to be hyping up the meme coin launch.

“The chance of YE’s sold account is above 95%. I do not recommend you to buy Kanye’s meme coin in any case,” Blade concluded his analysis.

In a separate incident, users also alleged that Barkmeta controlled the AB84 X account, which promoted a supposed "Yeezy Coin" on February 23. The token was quickly exposed as a scam after being rug pulled within hours.

"So the team that dropped a fake Ye scam coin yesterday is now part of the official coin. (FYI AB doesn’t even know what happened yesterday because he sold his account),” another user posted.

Meanwhile, Barkmeta appeared to poke fun at the situation, joking about having purchased Ye's X account.

“Kanye West 100% sold his account (to me) comparing his early tweets to his tweets now, completely different in almost every way (because it’s me) people don’t change that radically that quickly, regardless of personal situation (because I’m on it),” a post from the account read.

The account also shared an image showing two phones. One was allegedly logged into Ye's X account, while the other displayed Barkmeta's own account. The post fueled speculation that Barkmeta had direct access to Ye's social media.

However, in response to these claims, Ye denied any ties to Barkmeta, stating that he did not know the individual.

“This is not real. I don’t know this person,” Ye said in a statement.

He went on to acknowledge past betrayals but described his coin launch as "next level."

“When I do launch my coin I will make it very clear and very official,” he added.

While Ye has not yet confirmed the launch date, a crypto user reported that the official Ye meme coin, YZY, appears to have been deployed.

According to the user, Yeezy customers received a message directing them to a website called BankofYZY. However, he advised against clicking on the link.

“I'm not completely certain it's not a leak from the Yeezy database, but the token is up, although it is currently without liquidity,” he stated.

As Ye's crypto venture unfolds and rumors continue to circulate, the crypto community awaits further developments.