This discussion came into light because of the recent coin that is going viral, created by the popular American rapper and entrepreneur, Kanye West, called $YZY. I thought it was a joke until I went to research it and saw that it was designed to serve as the official currency for the Yeezy brand, primarily for payments on the Yeezy website.
Since it was listed on tier-1 exchanges like Bitget, appeared on Binance website news as a potential, and Krakent rumors. Do you think because of the purpose of creating the coin, it can become something big in the nearest future?
How big is Yeezy brand, asking because that is where the use case started from not centralised exchange. Cex are usually a market for trading but the actual source of pump is the brand, company that owns the crypto, how strong is the demand in that industry?
TRUMP token did a massive hype and confuse the masses thereafter, no use cases, no medium for demand, just some shit of meme coin for pump and dump, $YZY will end up the same way other celeb token did, nothing special.