Whales & Bots Profit as Kanye’s YZY Token Crashes 75%
Kanye West’s YZY token launched on August 21 surged 1,400% to a $3 billion market cap before crashing nearly 75% to $0.70 within days. Whale data shows top 1,000 addresses had an average buy cost of $1.45, with 44% entering at $1.80–$2.00. By August 25 only 30% of these addresses had sold, locking in an average loss of 18%. Nansen reports 13 wallets netted $24.5 million, while some whales lost up to $1.8 million. Trading bots turned $200k into $1.6 million in 30 minutes, and sniper Hayden Davis earned about $12 million. Over 27,000 addresses still hold YZY tokens. BubbleMaps links early buyers to the TRUMP memecoin sniper. The rapid pump-and-dump echoes past celebrity tokens like TRUMP, MELANIA and LIBRA that collapsed over 90%. Traders should brace for acute volatility and asymmetric insider activity in future celebrity memecoin launches.
Bearish
The YZY token’s rapid 75% collapse after an initial 1,400% surge underscores high volatility and asymmetric insider advantage. Whale and bot profits at the expense of late entrants erode confidence, mirroring previous celebrity memecoin failures where over 90% of value evaporated. In the short term, continued sell pressure from holders and fear-driven trading suggest further downside. Long term, the lack of intrinsic value and regulatory scrutiny of insider trading heighten bearish sentiment for YZY and similar meme tokens.