The new cryptocurrency, linked to the music icon, attracted a lot of attention from traders on Wednesday night after its launch in Solana. Bubblemaps data showed that the first purchase came from a well-known trader named “Naseem.”
Blockchain data It shows that the trader spent $250,000 worth of USDC and grabbed $1.2 million worth of Yzy.
According to Bubblemaps, this is the same trader who once turned Donald Trump’s $1 million investment in Trump tokens into $100 million profits. The company described him as a crypto trader specializing in snipers.
The trader is yzy project It was claimed that protection was in place to prevent such movement.
Yzy’s website explained that token launches are designed with an “anti-sniping system.” 25 different contract addresses were created, one randomly selected as the official Yzy token, which could make it difficult for automated traders to get early purchases.
Blockchain data showed up to 50 appearances wallet It was also set by the team, but some of them saw small attempts from traders to guess what’s real.
Despite these efforts, experienced buyers were still able to avoid the defense. In one case, a user who appears to have inside information accidentally purchased the wrong contract, losing $710,000 in the process.
They later recovered by purchasing the correct token. Another trader spent a fee of $24,000 to drive prioritization trading and walked away with a profit of $3.4 million. Another blockchain tracking service, OnChain Lens, said early investors had temporarily shown $6 million in profits at the peak of tokens.
Your attitude towards Memocoin has changed dramatically
You’ve spoken to celebrity coins before, so the release was a surprise to some fans. In February, he criticized such projects for preying on followers. However, on Wednesday he promoted the token on X’s video.
By Thursday, he had shared the address of his official contract and linked “Yeezy Money.” The website describes it as “a new economy built on a chain.”
The website said Yzy will serve as a currency within the broader financial platform called Yzy Money. West himself then appeared in the video, Token token It just dropped.
Large traders have a lot of confidence in Yzy
Yzy’s market value surged to $3 billion before returning to about $1 billion within 40 minutes of launch. Despite the volatility, several notable figures from the crypto community jumped in.
James Wynna well-known leveraged trader said he believes the liquidity and trading volume of the coin will attract large investors. He called his own entry to Yzy a short-term move, hoping to double or quadruple his investment.
He compared it to a Trump token. Trump’s tokens skyrocketed from $4 billion to $15 billion over a day. “$yzy with 60% pullback,” Wynn posted, noting the rapid profits he expected.
Bitmex co-founder Arthur Hayes appeared to share X’s post to confirm that he bought it for Coin.
pls don’t raise me @kokwest !!!$Follow For victory… trigger a Bull Market.
Yotzi pic.twitter.com/16zrut8wqa
– Arthur Hayes (@cryptohayes) August 21, 2025
Yzy’s debut will be added to the list of celebrities-related memo coins that surfaced this year. Previously, Argentine President Javier Miley sparked controversy when he supported Libra Coin, another famous example of political and celebrity figures that tie his name to a volatile cryptocurrency.
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