📣 Famous rapper YE (Kanye West) still intends to launch his own meme-token Yeezy (YZY), writes CoinDesk with reference to three sources close to the project.

First of all, the meme-coin is designed to circumvent the boycott of payment systems, which broke contracts with the artist amid a series of anti-Semitic statements. YZY (presumably named after the artist's brand) will be accepted as payment on his website.

It is reported that 70% of the issue will be concentrated with YE, 10% will be allocated to provide liquidity and 20% to investors. The launch was supposedly scheduled for today but has been postponed until Friday, according to a team member.

🚀 Notably, Polymarket has a corresponding prediction market with a February timeframe. It had a trading volume of $8 million until the news broke, and has grown to $9.2 million in the last hour.