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"Kanye launches $YZY token, heavily bundled..."
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YZY
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New Feature Launch
YZY will launch a new feature in August.
YZY
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StratoVM
GIGA
GIGA
-9.61%
Mainnet Launch
StratoVM will launch its public mainnet in the third quarter.
GIGA
-9.61%
Artyfact
ARTY
ARTY
-0.42%
Play-And-Earn Tournament Launch
Artyfact will launch its first Play-and-Earn Tournament (season 1) in the second quarter.
ARTY
-0.42%
Scroll
SCR
SCR
-2.89%
Gadgets Integrations
Scroll will announce the integration of the new gadgets in the second quarter.
SCR
-2.89%
Telos
TLOS
TLOS
-2.86%
SNARKtor Launch on Mainnet
By Q4, SNARKtor will be fully integrated into the Ethereum mainnet, providing L1 attestation and proof aggregation for dApps. This will reduce gas costs, improve data security and scalability, making zkEVM one of the most advanced platforms for working with Zero-Knowledge Proofs.
TLOS
-2.86%
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YZY MONEY: Can Kanye West's newly launched token become the next big thing in crypto payments?
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Sui: How are users leveraging its speed, security, & scalability?
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Recently, the well-known figure in the American music industry, Kanye West, launched the Crypto Assets YZY, which has stirred up a storm in the Crypto Assets market. This emerging Crypto Assets, referred to as "Meme coin", saw its market capitalization soar to an astonishing $3 billion in just 40 minutes, but then quickly fell back to less than $1 billion, staging a thrilling "market capitalization roller coaster". This phenomenon has raised doubts about insider trading in the market. Blockchain data analysis shows that 13 unidentified wallets cashed out as much as $24.5 million in a very short time, while among the more than 56,000 wallets involved in the transaction, most small investors suffered significant losses due to high position purchases. What is even more concerning is the distribution structure of the YZY token. It is reported that 70% of the total token supply is held by a company controlled by Kanye West, while only 10% is allocated to the liquidity pool for trading. This distribution method has raised doubts from the outside regarding its "harvesting of retail investors." In the face of market turmoil, Kanye West took remedial measures by injecting $34 million into the liquidity pool in an attempt to stabilize the coin price. However, this move seems to have failed to restore market confidence. Some netizens joked that this operation in the coin market is more dramatic than his new album. This event has once again sparked discussions on issues such as the regulation of the Crypto Assets market, celebrity endorsement responsibilities, and investor protection. It also serves as a reminder that in the highly speculative Crypto Assets market, investors should remain clear-headed and act with caution.
Recently, the crypto assets community was shocked by a survey report from Bubblemaps. A name mentioned in the report—@naseem—has become the focus of heated discussions. This trader is known for achieving 100 times the returns on the $TRUMP token and has now been discovered to be the first buyer of the $YZY token. According to on-chain data analysis from Bubblemaps, the first transaction of $YZY on August 21 was worth $250,000 and came from a wallet address associated with naseem. Notably, this address has cashed out $800,000 but still holds Tokens worth $600,000. This precise operation has sparked widespread discussion in the community. Some believe it reflects the intuition and execution skills of trading experts, while others question the possibility of insider trading. If the same person can always enter a project accurately in its early stages, does it imply that there are issues with the fairness of the project? Regardless of their viewpoints, community members unanimously agree that discovering such trading patterns would be nearly impossible without tools like Bubblemaps. This highlights the importance of Bubblemaps, which is not just an analytical tool but more like a "magnifying glass," allowing the entire community to participate in market oversight. The existence of Bubblemaps has made information that was once掌握ed by only a few people transparent, giving every participant the opportunity to understand the true state of the market. This increase in transparency will undoubtedly promote the healthy development of the Crypto Assets market. As the Crypto Assets market continues to mature, similar events may become more frequent. However, with tools like Bubblemaps, we can better understand market trends and discern the truth. It not only makes seemingly magical trades explainable but also empowers the community with a greater voice. The emergence of Bubblemaps marks the practical application of decentralized oversight mechanisms in the crypto world, providing strong support for establishing a fairer and more transparent market environment.
In the Solana ecosystem, a mysterious trader once emerged, attracting widespread follow due to his astonishing Return on Investment. This trader, known as Naseem, achieved an impressive 100-fold return in $TRUMP Token trading. Recently, the blockchain data analysis platform Bubblemaps has once again focused on this legendary figure, presenting his latest investment trends to the public. Through in-depth analysis of on-chain data, Bubblemaps revealed Naseem's involvement in the $YZY Token. According to a survey by Bubblemaps, the $YZY token contract was created on August 17, and the initial trading was mainly internal testing by the team. However, what is truly remarkable is the first large purchase—a transaction of $250,000. After multiple verifications, the source wallet AwY1V was confirmed to be one of Naseem's associated addresses. What's even more noteworthy is that Naseem quickly cashed out 800,000 USD after buying, while retaining a position of about 600,000 USD. This series of actions not only demonstrates his ability to accurately grasp market timing but also reflects his strategy of locking in profits in a volatile market. Although ordinary investors may find it difficult to replicate Naseem's speed of operation and market insight, Bubblemaps provides us with an important tool - a perspective on the truth of on-chain transactions. In this way, investors can no longer blindly trust market rumors, but instead rely on data to verify the flow of funds. Bubblemaps' analysis has made this once-mysterious "sniper" transparent, clearly presenting its trading trajectory to the public. This not only satisfies the curiosity of market participants but, more importantly, provides a factual basis for discussing and questioning market fairness. In today's rapidly advancing blockchain technology, tools like Bubblemaps are empowering everyone to become "on-chain detectives." By gaining deeper insights into market trends and large-scale operations, investors can make more informed decisions, while also promoting transparency and fairness within the entire cryptocurrency ecosystem.
BREAKING: Hayden Davis (Kelsier) sniped $YZY and made $12M
Recently, the Crypto Assets YZY has encountered a wave of dumping, leaving many investors feeling disappointed and confused. It is reported that an AI analysis tool issued a warning yesterday, indicating that Large Investors are selling YZY. This morning, this dumping trend is still ongoing, causing many investors to feel discontent. This event has raised concerns about the manipulation of the Crypto Assets market and has prompted investors to reflect on their investment strategies. In such a complex and ever-changing market environment, should investors be more cautious? How can they find a balance between gaining profits and controlling risks? These are all issues worth exploring in depth. In any case, this incident reminds us once again that it is essential to remain calm and rational when investing in the Crypto Assets market, not to blindly follow others, and to learn to think and judge independently.
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