YZY memecoin pump → crash (alleged rug-pull patterns)

Status: Reported / Under Review

TL;DR

Community reports and chain-analysis firms show YZY (Yeezy / Ye) memecoin spiked and then collapsed within hours of launch — thousands of traders lost money while a very small number of wallets profited heavily. Multiple news outlets flagged suspect insider trades and liquidity setup that resemble rug-pull mechanics. Cointelegraph

Key facts

• Project / Token: YZY (Yeezy / Ye memecoin). Cointelegraph

• Date of launch & crash: August 21, 2025 (rapid pump then >50% crash same day). Yahoo Finance

• Reported impact: Tens of thousands of traders realized losses; analytics firms reported that a small cluster of wallets profited heavily. Cointelegraph

• Red flags noted by analysts: large insider holdings, atypical liquidity pairing, suspicious wallet activity / early profit-taking. CCN.com

Evidence (links / sources)

• Cointelegraph coverage summarizing wallet losses and on-chain analytics. Cointelegraph

• Wired overview of YZY launch, pump, and crash with Nansen / on-chain metrics. WIRED

• Additional analysis threads from on-chain sleuths

Reporter statement (community submission)

“I bought in on launch hype and watched it pop then dump in under an hour. My order shows losses and the on-chain charts show obvious insider/whale profit wallets.”

Suggested action for readers

If you lost funds: collect TX hashes, exchange screenshots, and Submit a Report. We will add verified reports to this entry.