🚀 Week in Meme Coins: TRUMP ETF Filed, Scam Solana Celebrity Coins Steal Millions.
Bitcoin settled at $113K post-Jackson Hole! Canary files TRUMP ETF! Celebrity scam tokens everywhere! STARTUP dominates with +176% while fake CR7 tokens rug $143M in 15 minutes! YZY dumps 50%!
Let's break down what shaped meme coins this week. 🧵
1/7
∑: Baeko백호🍓
According to a Bubblemaps announcement, over 50,000 wallets have suffered losses due to Kanye's YZY token...
This information can be confirmed through this tweet and various internet articles.
The problem is that my wallet is one of those 50,000 wallets, haha;;
According to Bubblemaps, about 74% of YZY investors lost money because of Kanye West's meme coin, and 11 wallets took 30% of the total profits.
Bubblemaps is a tool that can check interactions between these wallets and insider trading, and it seems that those 11 wallets are insider wallets..
51,862 wallets have seen a loss of $74.8 million from the YZY token, while 18,333 wallets have made profits from YZY investments, totaling over $66.6 million in profits, which is frustrating..
Bubblemaps
BREAKING: Hayden Davis (Kelsier) sniped $YZY and made $12M
Crypto Patel
🚨 $YZY Token Crash
Kanye West’s $YZY token has plunged over 80% since launch, wiping out $74M in value for more than 51,000 traders.
Only 11 wallets walked away with profits exceeding $1M, raising serious concerns about insider advantages and market manipulation.
About YZY (YZY)
YZY (YZY) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in YZY (YZY)?
As a decentralized currency, free from government or financial institution control, YZY is definitely an alternative to traditional fiat currencies. However, investing, trading or buying YZY involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about YZY (YZY) prices and information here on OKX today.
How to buy and store YZY?
To buy and store YZY, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying YZY, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 7.1K new posts about YZY, driven by 4.3K contributors, and total online engagement reached 1.5M social interactions. The sentiment score for YZY currently stands at 69%. Compared to all cryptocurrencies, post volume for YZY currently ranks at --. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of YZY.
Powered by LunarCrush
Posts
7,101
Contributors
4,265
Interactions
1,473,369
Sentiment
69%
Volume rank
--
X
Posts
6,206
Interactions
691,823
Sentiment
61%
YZY FAQ
What is cryptocurrency?
Cryptocurrencies, such as YZY, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as YZY have been created as well.
Can I buy YZY on OKX?
No, currently YZY is unavailable on OKX. To stay updated on when YZY becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of YZY fluctuate?
The price of YZY fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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