Same Traders Who Made $100 Million on TRUMP Coin Surface in YZY Launch, Experts Claim
The YZY token launch on August 21, 2025, saw a meteoric rise to a $3 billion market cap within 40 minutes, only to plummet to one-third of that value shortly after. Blockchain analytics firm Nansen tracked 62,465 wallets trading the token on its debut day, revealing stark disparities in outcomes. The top 500 profitable wallets cashed out $50.4 million in gains, while 16,000 smaller wallets suffered losses exceeding $10 each.
Mikey Shelton, a Stanford-connected associate of Kanye West, posted Instagram stories celebrating six-figure gains minutes after the launch. The same traders who profited over $100 million from TRUMP tokens appeared as first buyers in YZY, fueling speculation of coordinated insider access.
The liquidity pool earned $10 million in fees during the volatile trading period. One trader lost $1.3 million, while the largest single profit reached $3 million. Only 9,413 wallets managed to book profits above $10, highlighting the high-risk nature of such launches.