Sources: Kanye plans to launch Meme coin YZY

Foresight News
Foresight News|Feb 21, 2025 09:00
Foresight News reported that according to sources cited by CoinDesk, American rapper Ye (formerly known as Kanye West) plans to launch a cryptocurrency called "YZY", which aims to help Ye avoid platforms like Shopify that have severed ties with him due to his hate speech. 70% of the YZY token named after Ye's Yeezy clothing brand will be reserved for Ye personally, with only 10% used for liquidity supply and 20% allocated to investors. YZY has been packaged as Yeezy's official currency and will be accepted as payment on his website. The YZY token was originally scheduled to be sold on Yeezy's website at 6:00 pm on Thursday, but according to a team member who requested anonymity for fear of being publicly associated with the project, the release time has been postponed to Friday. Sources close to the YZY team told CoinDesk that Ye's goal is to imitate Donald Trump's Trump.
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