Kanye West to Launch Memecoin YZY on February 23, Mimicking TRUMP Token

According to CoinDesk, American rapper Ye, formerly known as Kanye West, plans to launch a memecoin called YZY, imitating the TRUMP token. The token is expected to launch on February 23. Ye will control 70% of the token's supply, with 20% allocated to investors and 10% to liquidity provision. The YZY token is intended to serve as the official currency for the Yeezy brand after Shopify cut ties with West.

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