The Curious Case of Kanye’s YZY Token

[johnblockbuster]

What happens when celebrity hype meets Solana memecoins? The YZY launch gave us a textbook pump-and-dump, and the blockchain evidence is damning.

The Pump

YZY launched on Solana and exploded +1,400% in an hour, topping out at $3.

Over 56,000 wallets interacted with the token in less than 24 hours.

The top 13 wallets walked away with $24.5M, dumping into retail frenzy.

The Dump

Within a day, YZY collapsed –74%, trading around $0.77.

Out of the first 99 buyers, only 9 still held tokens.

One unlucky wallet ate a $1.8M realized loss, another lost $1.2M, and one poor soul is still holding with an $800K paper loss.

The Suspects

Snipers & insiders were first in line.

Blockchain sleuths linked the very first buyer to the same wallet that sniped Trump’s memecoin.

Another sniper, “Naseem,” is tied to wallets behind the shady LIBRA token — an operation that extracted tens of millions previously.

Bubblemaps summed it up:

“There’s an elite group of snipers who don’t compete but coordinate, making millions destroying charts.”

️ The Pattern

YZY isn’t an outlier. We’ve seen the same movie before:

HAWK (TikTok influencer Haliey Welch): +90% dump within hours.

Jenner, Iggy, Lindsay Lohan: all tangled in pump-and-dump style memecoin schemes.

Retail loses millions. Snipers + insiders pocket millions.

Verdict
This isn’t “onboarding new people into crypto.” It looks more like wealth transfer from retail to insiders, dressed up with celebrity names.

Crypto Detective’s Note:
If you’re trading celeb coins, assume the insiders are already positioned before you even see the chart. Always check early wallets, liquidity pools, and on-chain clustering before apeing in.

[jacson4]

This is the harsh reality of celebrity memecoins — they’re not designed for community growth, they’re designed as extraction machines.
The blockchain receipts don’t lie: coordinated snipers + insiders enter at launch, retail piles in late, and exits are pre-planned.

We’ve seen this same movie with HAWK, TRUMP, LIBRA, and now YZY.
It’s not “democratizing finance” — it’s just a high-tech version of musical chairs where retail always runs out of seats first.
If you’re trading these, you’re not competing against randoms — you’re competing against professional wallets that coordinate like a cartel. ️

[Nahid10]

Honestly, YZY should be a case study in every crypto risk management course.
Price +1,400% in an hour, then –74% in less than 24h.
13 wallets pocket $24.5M while thousands of fans are left holding bags.

The lesson isn’t “avoid memecoins forever,” but “know the game you’re playing.”
Always check first wallets, liquidity pool control, and clustering before you touch a celeb coin.
If you can’t identify the snipers before you buy, odds are… you are the exit liquidity.
On-chain due diligence isn’t optional anymore — it’s survival.