Kanye West's $YZY Meme has collapsed by over 80% after its launch.
🟢 According to statistics, this has caused 51,000 traders to suffer losses of $74 million, while only 11 wallets made over $1 million.
Simply put, those 51K people will be cursing tienaoluadao while those 11 wallets will be thanking the heavens 😁
Captain Rational 🧮📐✏️
Not even gambling, just a donation. People are their own worst enemy.
Cointelegraph
🚨 JUST IN: Kanye West’s YZY token collapsed over 80% after launch, leaving 51,000 traders with $74M in losses while just 11 wallets profited over $1M.
Cointelegraph
🚨 JUST IN: Kanye West’s YZY token collapsed over 80% after launch, leaving 51,000 traders with $74M in losses while just 11 wallets profited over $1M.
About YZY (YZY)
YZY (YZY) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in YZY (YZY)?
As a decentralized currency, free from government or financial institution control, YZY is definitely an alternative to traditional fiat currencies. However, investing, trading or buying YZY involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about YZY (YZY) prices and information here on OKX today.
How to buy and store YZY?
To buy and store YZY, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying YZY, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 7.1K new posts about YZY, driven by 4.3K contributors, and total online engagement reached 1.5M social interactions. The sentiment score for YZY currently stands at 69%. Compared to all cryptocurrencies, post volume for YZY currently ranks at --. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of YZY.
Powered by LunarCrush
Posts
7,101
Contributors
4,265
Interactions
1,473,369
Sentiment
69%
Volume rank
--
X
Posts
6,206
Interactions
691,823
Sentiment
61%
YZY FAQ
What is cryptocurrency?
Cryptocurrencies, such as YZY, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as YZY have been created as well.
Can I buy YZY on OKX?
No, currently YZY is unavailable on OKX. To stay updated on when YZY becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of YZY fluctuate?
The price of YZY fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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