The big news is here! Kanye is launching a coin on the blockchain worth $3B!

Today, the crypto world exploded: Kanye West (now called Ye) has surprisingly released a MemeCoin on Solana called YZY, along with "Ye Pay" and "YZY Card" being revealed, claiming to create a "new economy on the chain"! As soon as it launched, YZY's market cap soared to about 3 billion USD, which is considered an "epic speed"—but it quickly plummeted.

What's even more shocking is that on-chain data shows that as much as 94% of the tokens are controlled by a few people, this distribution concentration is simply outrageous. Is it a template copy of “celebrity coin + harvesting retail investors”?

Some people feel this play is “too Kanye”: launching 25 contract addresses (only one can actually be traded, preventing machine snatching, almost like leaving a chance for the “retail investors”? But others think: this is a premeditated “operational rhythm,” where insiders can make tens of times profit in a flash.

Retail investors need to be cautious:

This is more like a “celebrity experiment” rather than a stable wealth tool.

No practical ecology, soaring and then crashing?

Centralized distribution, who is the retail investor and who gets harvested is clearer.

Use ave to avoid getting lost #ave