Kanye West Memecoin Launch Delayed: Will YZY Ever Go Live?

The post Kanye West Memecoin Launch Delayed: Will YZY Ever Go Live? appeared first on Coinpedia Fintech News

Just a few days after the unpleasant ‘rise and fall’ of LIBRA, a meme coin backed by Argentinian president Javier Milei, another meme coin has triggered discussions in the cryptocurrency market. This time, American rapper, designer, and entrepreneur Ye, formerly known as Kanye West, is the one who is preparing to try his luck in the meme coin sector – which is already a highly saturated market. He was supposed to launch his meme coin, named YZY, on February 20.

But the launch was postponed to an undisclosed date. He is facing serious criticisms for his anti-Semitic statements. The big question is: Will Ye ever launch YZY? A polymarket bet predicts that there is only a 36% probability that Ye will launch a meme coin before the end of this month. Let’s analyse the entire scenario in depth! Ready?