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YZY Hype Machine Wipes Out Millions: Ye-Linked Token Leaves Traders Reeling

YZY Hype Machine Wipes Out Millions: Ye-Linked Token Leaves Traders Reeling

Author:
CoindeskEN
Published:
2025-08-28 09:31:32
8
3

YZY Hype Machine Leaves Traders Nursing Millions in Losses on Ye-Linked Token

Another celebrity crypto experiment goes spectacularly wrong—proving once again that hype doesn't pay the bills.

The Rise and Crash

Traders jumped into the Ye-associated token expecting a rally—instead, they got a masterclass in volatility. Millions vanished in hours. No slow bleed here; this was a full-scale liquidation event.

Market Reaction

The aftermath? Wallets lighter, trust thinner. The token nosedived post-launch, catching even seasoned players off guard. Social media lit up with frustration—another 'to the moon' narrative grounded hard.

Lessons Not Learned

Celebrity-backed tokens continue to lure the optimistic and the impatient. Same story, different day—just with a bigger price tag. When will retail learn that influencers aren’t fund managers?

Finance rarely rewards blind faith—especially when it’s dressed in a celebrity meme.

|Square

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