Kanye West Blames Instagram Hack for Memecoin Scam, Industry Not Convinced As ‘Real’ YZY Token Crashes
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最新报道：Kanye West claimed his Instagram was hacked to promote a fake YZY token, which briefly surged to a $7 million market cap before collapsing. His official Solana-based memecoin plummeted over 80% from its peak within a week, dropping from an initial $3 billion fully diluted valuation to $72.2 million. Industry observers note most celebrity-backed coins are short-lived scams, with insider pre-allocations often causing rapid price collapses.
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