🚨 Kanye’s YZY Token: Millionaire Snipers vs. Retail Bagholders
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Nansen data shows the real winners of Kanye West’s Solana-based YZY launch weren’t fans — they were the snipers.13 wallets walked away with over $1M each, netting a combined $24.5M as they dumped into the hype.
Price action: +1,400% in the first hour ($3 peak) → –74% in <24h (now ~$0.77).
🧨 Out of the first 99 buyers, only 9 still hold any YZY.Not everyone struck gold:
Biggest loser = –$1.8M realized loss.
Another wallet down $1.2M.
One poor soul still holding an unrealized –$800K bag.
️ The Sniper Network
Bubblemaps says this wasn’t random. The same sniper who bagged Trump’s TRUMP token millions struck again — and appears tied to LIBRA insiders who drained $21M.“There’s an elite group of snipers who don’t compete but coordinate, making millions destroying charts.”
️ Pattern or Playbook?
YZY isn’t the first celeb memecoin to follow this script:Haliey Welch’s HAWK: –90% in hours, insiders pocketed $3M.
Jenner, Lohan, Azalea, Kardashian — all linked to pump & dump scandals.
Arthur Hayes summed it up best:
“Oopsie… fam next time pls don’t let me trade shitters like YZY.”
Takeaway: Celebrity memecoins aren’t “onboarding tools” — they’re liquidity traps. The insiders snipe, retail bleeds, and charts get nuked.
Question for you: Would you ever touch a celeb token — or is it pure exit liquidity with a fancy face on top?
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This is exactly why “celebrity = alpha” is such a dangerous mindset in crypto. The playbook is almost always the same: launch hype, sniper wallets front-run, insiders dump, and retail ends up holding the bag. What’s wild is how coordinated this sniper network seems to be — same wallets hitting TRUMP, LIBRA, and now YZY. That’s not luck, that’s a cartel-level operation. Retail keeps thinking they’re early when in reality, they’re just exit liquidity with better branding.
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I’ll be honest — I wouldn’t touch celeb memecoins with a 10-foot pole anymore. The data shows it: out of the first 99 YZY buyers, only 9 still hold, and the biggest winner wallets were already positioned with insane precision. That’s not organic community-driven growth; it’s engineered extraction. Compare that to organic meme runs like PEPE or DOGE where early communities at least had time to build culture before whales arrived. With celeb tokens, the culture is already rotten at launch. Unless you’re literally a sniper bot plugged into mempools, it’s almost impossible to win.