Big news in the world of cryptocurrency! Famous rapper Kanye West might be launching his own cryptocurrency, called $YZY. It's a memecoin, which means it's based on jokes and internet trends, not real things like houses or cars. This is exciting but also a little risky.
- Kanye's $YZY coin might be used to buy things on his website.
- Other famous people, like Elon Musk's dad, are also thinking about making their own memecoins.
- Even President Trump launched his own crypto, $TRUMP!
- Memecoins go up and down in value quickly, based on what people think, not what they are worth.
| Fact | Details |
|---|---|
| Launch Date | Delayed (originally February 20) |
| Kanye's Past Stance | Initially against crypto |
| $TRUMP Performance | Soared in value after launch |
| Risk | High speculation, potential for fraud |
