Artificial intelligence

Kanye West, Solana, Price Skyrokets started $ yzy – should you buy Yzy now?

Kanye West officially entered the crypto. The rapper and entrepreneur started his own coin, $ YzyIn the Solana block chain – and the market reaction was immediately.

A few minutes after the launch, $ yzy’s market value exploded around 200 million to 1.88 billion dollarsONE 881% increase in less than 10 minutes. At the summit, the coin touched briefly 3 billion dollars Before cooling 1 billion dollars Press time. Liquidity also came into play 120 million dollars instantly added.

$ Is large around Yzy and gives a kind of “the most intense bull market vibrations ğı that the crypto area does not see during months.

Source: Dexscreen

How to compare Trump’s coin money

The launch remembers what happened in January when Donald Trump released his coin. That medal hit 10 billion dollars of market value in just two daysSend shock waves in the sector. However, it was not eye -catching – the larger market experienced sharp corrections in a short time, many coin Hype collapsed after cooling.

Kanye’s $ yzy is now in headlines, while many traders are parallel. Explosive gains may seem incredibly, but history shows that these swallow guided launch often follow heavy volatility.

Read also: If there are Blackrock files for a Ripple ETF, XRP price

Red Flags and Risks

Everything about the launch doesn’t look clean. Reports, The wallets were financed in advance and purchased earlyIt provides a great advantage over retail buyers.

Another concern is liquidity installation. So far, the pool is only $ Yzy$ USDC without supporting. This structure is similar to the unsuccessful $ launch of liquidity that changes rapidly and causes chaos for late participants.

These are light red flags. The existing installation supports early interiorists who can earn money at any time, merchants should be careful.

Now you should buy $ yzy?

If you are thinking of jumping, timing is everything. $ Yzy already in the press time Cooling from the summit of $ 3 billion for approximately 1 billion dollarsIt indicates that early supporters make profit. This is a common pattern for famous coins – a large pump in launch and then a sharp dipping.

Best move for retail investors Wait for withdrawal Instead of starting with inflated prices.

It is real, but so are the risks. Traders should pay attention to this among internal purchasing, suspicious liquidity and parallels with past accidents.

Subscribe to Our Youtube Channel For daily crypto updates, market information and expert analysis.

https://www.youtube.com/watch?v=dzz_tnz-nw

smart crypto
How Do regular people return 70% return per year without risk? By adjusting a free Pionex Grid Bot properly – click the button to learn more.
Crypto Arbitrage still works like a charm, if you do it right! Check out the leading crypto Arbitrage Bot to find out the best way to do this.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Verified by MonsterInsights