News@lemmy.world · 2 months ago

Kanye West’s “Yeezy Money” crypto crashes 61% despite $3B hype

coinjournal.net

Kanye West’s “Yeezy Money” crypto crashes 61% despite $3B hype

coinjournal.net

technocrit@lemmy.dbzer0.com to

News@lemmy.world · 2 months ago

Kanye West’s “Yeezy Money” crypto crashes 61% despite $3B hype - CoinJournal

coinjournal.net

Kanye West’s Solana-based crypto, Yeezy Money (YZY), launched with fanfare and hype that briefly pushed its market capitalisation to $3 billion.

fantano responds: https://www.youtube.com/watch?v=qAEJlSjuEf8

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venusaur@lemmy.world
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2 months ago
Yup. This is how all new coins work. Even the OG coins go through pump and dump, just like stocks, but they have the numbers and legitimacy to bounce back.

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