tldr; 74% of Kanye West’s YZY token investors lost approximately $75 million, with 51,862 wallets suffering losses. While 18,333 wallets made $66.6 million in profits, nearly 30% of these profits were concentrated in 11 wallets. The token’s value dropped by 70% shortly after launch, amid allegations of insider trading and automated bot manipulation. The first investor, a trader nicknamed ‚Nasim,‘ reportedly earned $100 million on similar ventures, while Hayden Davis made $12 million from YZY snapping.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
no shit!
Crivos on
FAFO
Snizzysnootz on
What a surprise
schnapps91038 on
You went to the casino, you knew what where you getting into
Calm_Voice_9791 on
Ouch, that’s a yikes from me dawg. Brutal stuff.
GreedVault on
Memecoins are an insider game and If you are not in, you are just exit liquidity.
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tldr; 74% of Kanye West’s YZY token investors lost approximately $75 million, with 51,862 wallets suffering losses. While 18,333 wallets made $66.6 million in profits, nearly 30% of these profits were concentrated in 11 wallets. The token’s value dropped by 70% shortly after launch, amid allegations of insider trading and automated bot manipulation. The first investor, a trader nicknamed ‚Nasim,‘ reportedly earned $100 million on similar ventures, while Hayden Davis made $12 million from YZY snapping.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
no shit!
FAFO
What a surprise
You went to the casino, you knew what where you getting into
Ouch, that’s a yikes from me dawg. Brutal stuff.
Memecoins are an insider game and If you are not in, you are just exit liquidity.