Summary
- Kanye West announced that memecoin 'YZY' will be launched next week.
- 70% of total tokens will be distributed to Kanye and 10% will be used for liquidity provision.
- The remaining 20% will be allocated to investors.
Kanye West announced that memecoin 'YZY' will be launched next week.
On the 21st (local time), West stated through his X account that "All coins currently in circulation are fake. (Memecoin YZY) will be launched next week."
Previously, CoinDesk reported, citing project officials, that "Kanye West is preparing to launch memecoin YZY based on the Yeezy brand." According to the media, 70% of the total token supply will be distributed to Kanye, 10% will be used for liquidity provision, and the remaining 20% will be allocated to investors.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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