Kanye West, now known as Ye, denied any sharing with the distinctive Yzy icons that rotate in the market, confirming that he will present an encrypted currency next week.
This statement follows his previous expulsion from any interest in digital assets, adding a new touch to the speculation surrounding his position on encryption.
Kanye West says that the current yuzi symbols are fake
At a post on February 22, I made it clear that he has no relationships with YZY codes currently in circulation. He stressed that all the current metal currencies that use its commercial brand are illegal and confirmed its intention to launch its own encoded currency soon.
“All current metal currencies are fake. I’m launched next week,” Yi books On x.
His announcement sparked mixed reactions within the encryption community. Some critics believe that his project can turn into a celebration of other celebrities.
Others indicated that his last movement contradicts his previous statement, as he distanced himself from launching any symbol. Meanwhile, some supporters advised him at the time of launch carefully to avoid market fluctuations.
Nate Geraci, ETF’s head, issued a warning to investors, saying that anyone choosing investment in encryption in Ye should be ready for potential losses.
“If it is launched (O), buy and lose … it is on you. Add.
Speculation grows around encryption movement
YE advertisement follows reports of multiple symbols of brands that appear on the Launcad Pump.fun pump, which is based in Solana. These developments fueled speculation that he was already planning a symbolic launch.
Other reports claim that you are actively working on the YZY icon linked to its Yeezy Fashion brand. Publications like Coindesk receive a press statement from Hussein Lalani, who is said to be the financial manager of Yeezy, along with other sources familiar with the project.
Details surrounding the distinctive symbol structure indicate that which one can control 70 % of the offer, with 20 % allocating to investors and 10 % for liquidity. It is said that part of his possessions may be subject to a period of one year period, which prevents immediate access.
While the official launch date is still not certain, speculation continues to build. Data from polymarket, an irrevocable prediction platform, indicates a possibility of 71 % of the appearance of the distinctive symbol this month, with more than $ 18 million has been bet on its release.
Yi’s last step adds to an unpredictable stage of famous and political currencies that affect the industry at the present time. These approved symbols have caused marked chaos in the past in the past weeks.
Disintegration
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