It was thought that Kanye West’s participation would help popularize crypto to the masses, but in the end, this rapper is just another celebrity who wants to “squeeze” the most money from the community.
Kanye West’s Memecoin to Launch on BNB Chain?
As Coin68 reported, the cryptocurrency community is buzzing with news that rapper Kanye West (Ye) preparing to release memecoin YZY, even though just a few days ago this personaffirms that will not participateA wave of celebrities are issuing their own tokens to exploit their followers.
Despite much criticism, there have been numerous examples ofCelebrity Token, but many people are also looking forward to it because Kanye West is one of the most successful rappers today.
Next, another equally shocking news is that Ye’s memecoin “hint” will be launched on the four.meme incubation platform of the BNB Chain ecosystem.
There are many suspicious signals that “implicitly” confirm this information, such as Kanye suddenly re-sharing a tweet from the former CEO of Binance.Changpeng Zhao(CZ). And Ye’s X account shows that it is currently only following one account, CZ:
NThe Binance exchange owner himself continued to “explode hints”, sharing this discovery of the community – no different from a tacit confirmation move:
hAlso on the evening of February 22, the former CEO of Binance was discovered using his personal wallet to buymemecoin Test (TST)for the purpose of “testing” and getting familiar with trading operations through BNB Chain’s DEX.
ữThanks to that, the TST token, the “flagship” meme of the BNB Chain system, jumped up overnight on February 22, and has now increased by 50% in the 24-hour period.
TST 7-day price movement, CoinGecko screenshot at 12:10 PM on 23/02/2025
Did Kanye West sell account X?
If that were all, it would be fine. A partnership between the ecosystem of the leading exchange and a globally renowned artist is only natural. If there isCristiano Ronaldo releases NFT with Binancethen there might be Ye launching memecoin on BNB Chain.
However, the community continues to “spot” signs that it seems that Kanye West’s X account no longer belongs to Kanye West!
– First of all, Kanye West has never used the word “brooooo” before, but recent comments related to crypto have often included the word:
n– Previously the owner used dark mode, now uses light mode:
g– Use accounts in different timezones:
Then, rumors spread that he might have sold his X account to the BarkMeta/doginals team for $17 million . After the new owner, the account only interacted with the crypto community and prepared to “squeeze money” from users:
tSome screenshots show that this account interacts very “enthusiastically” with CZ, previously Kanye West did not show any interest in the crypto topic.
The infamous rapper also shared a photo of the Binance logo being transformed into a Nazi swastika, which coincides with Kanye’s recent pro-Hitler and anti-Semitic tweets. Interestingly, Binance has also been in trouble before.Create emoji that resembles a swastika and a star of david, before quickly making amends and issuing an apology.
Kanye West’s X account has now hidden all crypto-related posts after receiving criticism and exposure from the community in recent hours.
Who is the team behind Kanye West’s memecoin?
More dangerously, the team behind the preparation to release memecoin for Kanye West was discovered to be a group with an extremely bad “past”, creating a meme rug pull community, headed by a KOL named Barkmeta and a team of doginals.
ưAs user Pix summarizes:
ở– Metaluxe rug, DefiApes slow-rug, profit 22,000 ETH;
– Issue Network Token, raise 1 million USD, then rug;
– POX presale organization collected 172,000 USD, then let the project “go to hell”;
– Pump dump memecoin by KOL Caitlyn Jenner;
– Scam more than 10 other projects.
Many others have spoken out to warn followers not to buy Kanye West’s memecoin, and if they do buy and lose, they must accept the loss after so many recent celebrity memecoin rug pulls, most notablyLIBRA of the President of Argentina.
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