tldr; A crypto trader lost $500,000 in two hours trading Kanye West’s memecoin, Yeezy Money (YZY). The trader bought 996,453 YZY at $1.56 using 1.55 million USDC but sold at $1.06 as the price dropped below $1, recouping only 1.05 million USDC. Despite the loss, speculation continues, with another trader taking a leveraged long position. Kanye West added 30 million YZY to the liquidity pool, setting automated price ranges for potential gains. YZY’s price remains volatile, raising concerns about its sustainability.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ChiChiWana on
i love kanye but would never fall for shit like this 💔
musecorn on
Don’t want to see this Nazi fuck’s face on my feed, don’t care the context
mileskg21 on
lmao
NadeWilson on
Oh my, that’s some hardcore degen shit.
partymsl on
Very deservingly so lol.
Who the hell puts that much money into a Kanye West shitcoin.
ChemicalAnybody6229 on
A degen trader indeed. Buying shitty coins is risky.
RevolutionaryCrew492 on
Lmao instantly dumped on em it’s cracking up over here. They were whoa we actually got a whale when we were looking for a school of fish. Dude literally got pulled up on at gun point and asked to fork over 2/3 of his money. Dude said hold my drink I’m about to walk up to fake kanye (cause meme coins are run by shadow companies that facilitate the tech with pump and dump even screwing over the endorser) and give him my wallet. Wait a minute he just gave it wallet to a bunch of shady kids on the street and wonder why they took out a loan on a new corvette in his name. He just paid some stuck up kid that’s probably a dropout career criminal rent for the rest of the life. Hahahahaha
xxxx69420xx on
someone made 500k in 2 hours also
DeadlyButtSilent on
There’s a lot of typos there. Should say „Clown lose $500k trading clown coins.“
bestjaegerpilot on
OMG… that is really one boneheaded trade… memecoins are not designed to be APE’d in. If you do that, you become exit liquidity. It boggles the mind how someone with that much money would do such a stupid trade
sebastobol on
Oh no.
Anyway
DaveLLD on
The words „Crypto trader“ are doing a lot of work in this headline.
abinonloopin on
It’s not even Kanye West who’s handling the acc. It’s common knowledge he sold the acc to someone a while back. It’s some college kids scamming idiots yet again.
Mammoth-Whole-6896 on
It was his cousin
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18 Kommentare
If you buy this garbage you deserve to go broke.
money laundering 101
Crypto Darwinism
tldr; A crypto trader lost $500,000 in two hours trading Kanye West’s memecoin, Yeezy Money (YZY). The trader bought 996,453 YZY at $1.56 using 1.55 million USDC but sold at $1.06 as the price dropped below $1, recouping only 1.05 million USDC. Despite the loss, speculation continues, with another trader taking a leveraged long position. Kanye West added 30 million YZY to the liquidity pool, setting automated price ranges for potential gains. YZY’s price remains volatile, raising concerns about its sustainability.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
i love kanye but would never fall for shit like this 💔
Don’t want to see this Nazi fuck’s face on my feed, don’t care the context
lmao
Oh my, that’s some hardcore degen shit.
Very deservingly so lol.
Who the hell puts that much money into a Kanye West shitcoin.
A degen trader indeed. Buying shitty coins is risky.
Lmao instantly dumped on em it’s cracking up over here. They were whoa we actually got a whale when we were looking for a school of fish. Dude literally got pulled up on at gun point and asked to fork over 2/3 of his money. Dude said hold my drink I’m about to walk up to fake kanye (cause meme coins are run by shadow companies that facilitate the tech with pump and dump even screwing over the endorser) and give him my wallet. Wait a minute he just gave it wallet to a bunch of shady kids on the street and wonder why they took out a loan on a new corvette in his name. He just paid some stuck up kid that’s probably a dropout career criminal rent for the rest of the life. Hahahahaha
someone made 500k in 2 hours also
There’s a lot of typos there. Should say „Clown lose $500k trading clown coins.“
OMG… that is really one boneheaded trade… memecoins are not designed to be APE’d in. If you do that, you become exit liquidity. It boggles the mind how someone with that much money would do such a stupid trade
Oh no.
Anyway
The words „Crypto trader“ are doing a lot of work in this headline.
It’s not even Kanye West who’s handling the acc. It’s common knowledge he sold the acc to someone a while back. It’s some college kids scamming idiots yet again.
It was his cousin