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Cryptocurrency News Articles

Kanye West $YZY Meme Coin: Is Ye Releasing a Solana Blockchain Meme Coin by the End of February 2025?

Feb 25, 2025 at 08:03 pm

About Kanye West $YZY Meme Coin, also known as Kanye West's $YE Meme Coin is an online rumor that American rapper Kanye West (Ye) is releasing a

Kanye West $YZY Meme Coin: Is Ye Releasing a Solana Blockchain Meme Coin by the End of February 2025?

Kanye West $YZY Meme Coin, also known as Kanye West's $YE Meme Coin, is an online rumor that began in February 2025. According to the rumor, American rapper Kanye West (Ye) is releasing a Solana blockchain meme coin called $YZY by the end of February. The token will reportedly allow fans to purchase items directly for Yeezy. Some reports also claim that the cryptocurrency will become the new official currency for the Yeezy website.

Kanye's meme coin announcement raised suspicions that his X account had been sold, as the singer previously had a stance against cryptocurrency. On February 21st, 2025, Kanye announced a meme coin launch in late February, stating that every other coin currently available in the market is “fake.” The post has since been deleted but had amassed roughly 203,000 views and 40,000 likes in four days.

A few weeks prior to Kanye's meme coin announcement, on February 8th, 2025, the rapper had posted on X he was not "doing a coin," stating that "coins prey on the fans with hype just like hyped up sneakers culture." The deleted tweet was reposted on February 21st, 2025, by X user @Pledditor, which received roughly 5,700 views and 114 likes in four days.

The rapper's rumored meme coin sparked numerous posts and jokes claiming his crypto launch will result in a rug pull scam, when developers abandon a project and take off with investors' funds. For instance, on February 22nd, 2025, Redditor u/Tranquility___ posted the Buzz Lightyear Clones meme, captioning "Everyone when they heard about the Kanye West meme coin." The post went on to gain over 737 upvotes and 101 comments in three days.

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Other articles published on Feb 26, 2025