Kanye West finally launched his token. $YZY went live with a bang. On day one, the fully diluted valuation (FDV) hit $3B.
Today? It’s down to $160M, according to CoinMarketCap. The numbers tell the real story.
Breaking Down the Losses
Data from 42,572 wallets shows a tough reality for most traders.
- Loss > $1M: 1 wallet
- Loss $100K–1M: 72 wallets (0.17%)
- Loss $5K–100K: 1,106 wallets (2.6%)
- Loss $0–5K: 27,282 wallets (64.1%)
On the profit side:
- Profit $0–5K: 13,314 wallets (31.27%)
- Profit $5K–100K: 724 wallets (1.7%)
- Profit $100K–1M: 68 wallets (0.16%)
- Profit > $1M: 5 wallets
So, most traders lost under $5K. And even among winners, most added less than $5K to their portfolios.
One unlucky trader lost over $1M. On the flip side, five wallets made over $1M.
https://twitter.com/CryptoRank_io/status/1959327504340303881?t=akkHfS2wGgrZyllk6GwZUw&s=19
The $YZY Sniper Who Won Big
Among those winners? A familiar name: Naseem.
According to @bubblemaps, Naseem was the first real buyer on $YZY. The same guy who made over $100M on $TRUMP, $LIBRA, and other celebrity coins.
His supposed wallet:
AwY1VTMdhsSRTeZhZycfVb6akadSGjou9c8BvrJSsHJh
And yes, he’s back.
Here’s what the data shows:
$YZY was created on August 17.
Early transactions came from team wallets only. The first real buy happened on August 21, wallet AwY1V purchased $250K of $YZY.
https://twitter.com/bubblemaps/status/1958604074640695424?t=UAV2_zgiC2tVMkkvc98–A&s=19
From there, things moved fast.
On-chain links tie AwY1V directly to wallets connected to Naseem. Same ones that sniped TRUMP and LIBRA.
He already sold $800K from that original $250K buy. Still holds another $600K. Likely used other wallets too.
Insider Knowledge or Pure Skill?
This isn’t the first time Naseem has been first.
He’s always there before everyone else.
Which raises questions:
- How does he manage to be first every single time?
- Is it insane sniping skill, lightning-fast bots… or something else?
Because for regular traders, the outcome is always the same:
Insiders and snipers win. Retail gets rekt.
Celebrity coins follow a pattern:
1. Massive hype at launch.
2. Big early valuations.
3. Insiders buy first.
4. Retail piles in late.
5. Price collapses.
$YZY fits perfectly.
- FDV at launch: $3B.
- Current FDV: $680M.
- Over 67% of traders lost money.
Most losses were small. A few wins were massive. And one name keeps showing up: Naseem.
On-Chain Evidence Doesn’t Lie
Bubblemaps provided all the data:
- Wallet AwY1V bought $250K on day one.
- Sold $800K later.
- Still holding $600K in $YZY.
Strong wallet links connect Naseem across multiple celebrity token launches.
He first made headlines turning $1.1M into $100M on $TRUMP. Now, he’s the first again on Kanye’s token.
Is it pure luck? Skill? Or something else entirely? No one knows for sure.
Retail as Exit Liquidity
One thing is clear: For most traders, celebrity coins end the same way.
Regular traders lose. Insiders and snipers walk away with millions.
And $YZY just proved it again.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
No Comments