Billionour rapper Kanye West now often known as Ye, has set social media on fireplace with a sequence of tweets about cryptocurrency. Over the previous 12 hours, he has posted greater than 20 tweets, sharing his ideas on all the pieces from crypto scams to purchasing crypto immediately and not using a intermediary.
Is Kanye West Planning to Launch His Coin?
Kanye West has all the time been recognized for making daring statements, and his latest exercise on X has as soon as once more drawn large consideration.
One among his tweets, which gained over 7.3 million views, requested, “When Folks Make All That Cash With A Coin Is That Money Or Idea????”
This cryptic message has left many questioning if Ye is planning to dive into the world of cryptocurrency. Some followers have even urged him to create his meme coin, suggesting platforms like Pump.enjoyable to launch it
The thought of a “Ye Coin” has already gained traction, with some predicting it might change into the most important meme coin in historical past if he decides to comply with by.
Though it’s unclear whether or not Kanye presently owns any cryptocurrency, this isn’t his first encounter with the crypto area. In 2014, he took authorized motion towards a meme coin known as “Coinye,” forcing its builders to close it down.
Kanye Rejects $2M Crypto Rip-off Deal
Whereas Kanye’s curiosity in crypto is rising, Kanye additionally revealed that he turned down a $2 million provide to advertise a fraudulent crypto scheme.
Based on the tweet submit he shared, he was promised $750,000 upfront and one other $1.25 million later to advertise a pretend cryptocurrency.
The plan concerned him posting concerning the coin, maintaining the submit stay for eight hours, and later claiming his account was hacked.
Kanye, nevertheless, rejected the deal, exposing how some corporations are prepared to rip-off the general public out of tens of millions through the use of celeb affect.
Kanye Desires to Purchase Crypto With no Intermediary
Shortly after exposing the rip-off, Kanye shared one other tweet displaying a non-public dialog the place he requested for a trusted “crypto join” who might assist him purchase digital belongings immediately.
The response he acquired was a advice to succeed in out to Coinbase CEO Brian Armstrong, suggesting that Kanye is likely to be trying to make a big crypto buy with out intermediaries.
Now, with a reported web value of $2.77 billion, Kanye’s potential entry into crypto could possibly be a game-changer. Whether or not he launches his coin or makes a significant funding, all eyes are on Ye’s subsequent transfer