Kanye West’s Alleged YZY Memecoin Launch Sparks $11 Million Betting Frenzy

• Polymarket bettors are 76% confident that Kanye West will launch a YZY crypto token this month.
• CoinDesk reported YZY could be Yeezy’s official currency, with 70% of the supply allocated to Ye.
• Ye recently rejected a $2M scam offer to promote a fake memecoin but hinted at future crypto involvement.

Crypto gamblers are betting hard on the idea that Kanye West (now known as Ye) will drop a crypto token this month. And the odds? They’re skyrocketing.

Right now, Polymarket odds sit at 76%, a massive 55% surge in just 24 hours—driven by fresh reports that Ye is moving forward with a YZY token, despite previously denying any interest in launching one.

At the moment? Over $11 million has already been wagered on the potential memecoin debut.

YZY Token—Real or Just Hype?

While Ye hasn’t officially confirmed anything, blockchain data shows that multiple YZY-themed tokens have already popped up on Solana’s Pump.fun platform. The problem? None are verified.

However, earlier today, CoinDesk reported that YZY could become Yeezy’s official currency—a claim attributed to an unsolicited press release from Hussein Lalani, who identified himself as Yeezy’s CFO. Several insiders reportedly backed up the claim.

Ye hasn’t acknowledged the project publicly—but the reported tokenomics are eye-opening:

• 70% of the supply reserved for Ye
• 10% allocated for liquidity
• 20% for investors
• Some of Ye’s holdings locked for up to a year

Despite the speculation, Ye has continued his usual social media rants on X without mentioning the token.

coinpedia.org

Scam Offers, Crypto Drama & Kanye’s Next Move

This comes less than two weeks after Ye claimed scammers offered him $2 million to shill a fraudulent token using his name.

They promised him $750K upfront, with another $1.25M after 16 hours.
The deal required his post to stay live for at least 8 hours before he could delete it.
They even suggested he fake a hack to make it seem unintentional.

Ye turned it down, stating that his net worth had already climbed back to $2.77 billion—without crypto endorsements.

Still, he’s clearly curious about the space. He recently leaked a convo where he was asking for advice—and was pointed in the direction of Coinbase CEO Brian Armstrong.

So, is YZY actually coming, or is this just another overhyped celebrity cash grab? For now, crypto bettors seem convinced—but Ye is still keeping everyone guessing.