Kanye’s YZY Meme Coin Leaves 74% of Investors in the Red

Quick Highlights 74% of YZY investors faced losses after Kanye’s coin launch. 11 wallets captured 30% of total profits from the ￰0￱ activity fueled criticism and market ￰1￱ West’s YZY Meme Coin: Who Made Money and Who Didn’t The Bubblemaps project has released a detailed report on the YZY meme coin launched by rapper Kanye West (Ye). According to the report, 74% of the 70,201 investors in the asset incurred ￰2￱ officially launched YZY on the morning of August 21, 2025, though rumors had circulated for months ￰3￱ project faced immediate criticism amid suspicions of insider involvement, sparking debate across the crypto ￰4￱ Wallets Capture Majority of Profits Bubblemaps also reported that Hayden Davis, co-founder of the controversial LIBRA project — Argentina’s alleged official memecoin profited from ￰5￱ began buying the asset just a minute after the announcement and sold it for a significant ￰6￱ of 70,201 traders: 18,333 (26.11%) earned a total of $66.64 million. 51,862 (73.89%) lost a total of $74.84 ￰7￱ profitable wallets: 11 earned over $1 million each 2,541 earned between $1,000 and $10,000 15,040 earned up to $1,000 This means roughly 30% of total profits came from just 11 wallets , highlighting a stark imbalance in profit ￰8￱ average profit and loss (PNL) per trader was a loss of $8.2 ￰9￱ Activity and Market Imbalance The report did not clarify whether unrealized gains and losses were included, but the imbalance is ￰10￱ a small fraction of investors gained significant returns, while the majority lost money.

Meanwhile, three addresses lost more than $1 million, with thousands more losing substantial ￰11￱ early distribution pattern raises questions about fairness and transparency in high-profile memecoin ￰12￱ The YZY meme coin launch underscores the volatility and risk inherent in celebrity-backed ￰13￱ a few traders profited massively, the majority of investors suffered losses, emphasizing the importance of caution in crypto speculation.