YZY Token Plummets 66% Amid Insider Trading Suspicions

YZY's latest price was $0.6930, down 0.579% in the last 24 hours. Recent revelations by blockchain analytics firm Bubblemaps have linked an initial investor in Kanye West’s YZY token to an earlier high-profile investor in the TRUMP token, raising suspicions of potential insider trading. The individual, whose identity remains concealed, reportedly gained approximately $100 million from TRUMP token trades, which has sparked concerns about similar activities in the YZY token space.

Research from Bubblemaps indicates a notable connection between the early YZY token investor and the lucrative TRUMP token dealerships. Such revelations have fueled allegations of insider trading, with some experts pointing out patterns in transaction timings that could suggest privileged market insights. Bubblemaps communicated their findings by stating, “The initial purchases in YZY token coincide with the investor who made a substantial profit in TRUMP token, prompting concerns over potential insider knowledge.”

Crypto analysts call for enhanced market clarity and echo investor demands for transparency in trading operations. The identity of the involved investor persists as a mystery, with no definite evidence proving the use of insider information yet. Speculations continue to circulate concerning the propriety of these trades, underlining the lack of transparent operations.

Industry voices raise concerns that such speculative activities might erode confidence in cryptocurrency markets. These insider trading suspicions underline a pressing call for regulatory frameworks in the crypto domain. According to some market observers, “Allegations of insider trading reinforce the need for transparency in the markets, potentially affecting participant confidence.”

Close monitoring of significant transactions and abrupt price shifts becomes imperative amidst these allegations, as the crypto community scrutinizes timing irregularities. Discussions hint that regulatory bodies may adopt more preemptive steps in the future to tackle potential insider activity. Both investors and experts acknowledge that ensuring transaction transparency is essential to safeguarding the crypto market’s stability. Undertaking stringent regulatory oversight and monitoring might mitigate the recurrence of such disputes.

Kanye West’s memecoin YZY was launched on the Solana blockchain on August 21, 2025, attracting professional snipers despite claims of anti-bot protections. Within minutes, the token’s market cap hit $3 billion. However, it quickly collapsed by over 66% as early buyers offloaded tokens. Wallets connected to elite traders made millions. Ye’s “YZY Money” ecosystem included a payments platform and debit card. It promoted fairness through unique anti-sniping tactics, such as deploying 25 similar smart contracts. Only one was real. Despite this setup, skilled snipers bypassed these measures.

Solscan data revealed that wallet AwY1VTMdhsSRTe… executed two coordinated swaps of 250,000 USDC. This swap, via the Jupiter Aggregator and Meteora DLMM Program, returned 1,196,378 YZY. Shortly after, the same wallet transferred 129 SOL to another wallet, Jitotp3. The move suggested pre-coordinated funding or liquidity involvement. Lookonchain also identified wallet 6MNWV8 as an early actor. It attempted to buy YZY even before the token went live. Once trading opened, it spent 450,611 USDC to buy 1.29 million YZY. It sold 1.04 million tokens for 1.39 million USDC, a profit of over $1.5M. These wallets shared ties with earlier coordinated trades in Argentina’s LIBRA token, suggesting repeat patterns of sophisticated operations.

Data from the IQ.wiki site notes that Yeezy Investments LLC remained with 70% of the YZY token supply, leaving only 10% for liquidity and 20% for the public sale, while no USDC was paired in the first pool. The insiders could have freely added or removed any stablecoin in the pool, impacting the token value. Yet despite Ye’s insistence on fairness through Jupiter Lock vesting, the centralized power structure remained very strong. Nansen data confirmed that 13 wallets earned over $24 million from the launch. Meanwhile, three separate holders each lost over $800,000. One investor saw a $1.8 million loss. Another wallet’s losses exceeded $1.2 million.

The first YZY buyer was the same trader known as “Naseem,” who previously turned $1 million in TRUMP tokens into $100 million. The consistency in elite dominance has led many to compare the YZY launch to earlier celebrity tokens such as TRUMP, Iggy Azalea’s MOTHER, and Caitlyn Jenner’s JENNER. These tokens spiked quickly due to fame and attention. However, whales entered early and offloaded profits while retail traders bought late and faced the drop.

The YZY launch has sparked new questions. Can any anti-sniping defense genuinely stop insider access? Or are such tools more public relations than protection? The data suggest that despite attempts to democratize entry, coordinated actors retain control. They navigate contract deployments, fund wallets in advance, and exploit retail entry points. So far, few projects have prevented this behavior. Without strict external audits and hard-coded caps, liquidity remains vulnerable to manipulation. The picture is quite clear: celebrity coins predominantly attract a few whales early on who drain value before being acknowledged by most traders. As more tokens are being created, the observers are left wondering whether fairness is really possible or if it is just a marketing ruse.

Kanye West recently launched the YZY meme token on the Solana blockchain, generating significant buzz across the crypto community. The introduction brought attention to governance and structural concerns, with data revealing that insiders controlled 94% of the tokens shortly after its debut.

Following its release, the token faced scrutiny as insiders rushed to sell their holdings, leading to a rapid decline and market instability. This event highlighted broader risks in speculative crypto trading, particularly the perils associated with leveraged positions.

Analysis suggests the decline prompted shifts in investor focus toward utility-driven projects like Remittix. Blockchain data has further linked the token to a notable whale previously associated with the TRUMP token, adding layers to the investigation into the token's distribution and potential market manipulation.

The YZY launch rekindled conversations about meme coins in the crypto space, fueling widespread speculation and drawing comparisons to other tokens. Despite initial enthusiasm, the token's trajectory serves as a cautionary tale emphasizing the need for stronger fundamentals and governance in cryptocurrency projects.