Kanye West YZY Token big dump! 105 traders suffered huge losses, total losses soared over 75 million dollars.

The YZY Token launched by hip-hop superstar Kanye West experienced a big dump of over 90% within just a few hours after going live on Solana, shocking the market. According to the latest analysis by Bubblemaps, at least 105 traders suffered individual losses ranging from $100,000 to $1,000,000, with total losses reaching as high as $75 million, making it one of the most severe events in the meme coin market recently.

Event Review: Market value once broke 3 billion USD, collapsed within hours

The YZY Token had a market value that once exceeded 3 billion dollars at the initial stage of its issuance, attracting over 70,201 traders to participate. However, the price plummeted sharply within a few hours, ultimately leading to losses for 51,862 traders.

Significant loss group: 105 traders lost between 100,000 and 1,000,000 USD, totaling 26 million USD.

Average loss: about $250,000 per wallet

Extreme case: 3 traders individually lost over 1 million dollars, totaling 5.07 million dollars.

Profit and Loss Distribution: Less than 1% Winners

Despite the harsh market, there are still a few traders making profits during the big dump:

Super Winners: Only 11 wallets (0.015%) made over 1 million dollars, totaling 18.9 million dollars.

Overall Profit Rate: 26% (18,333 traders)

Small profit makers: 86% of profit makers earn no more than 1,000 USD, with an average profit of only 105 USD per person.

High-profit earners: Less than 1% (642 wallets) made over $10,000, totaling $58.8 million.

This extreme distribution of gains and losses highlights the "winner takes all" characteristic of the memecoin market.

Structural Disadvantages and Market Risks: Insider Control and High Costs

Bubblemaps data shows that YZY Token has obvious structural disadvantages:

Insider monopoly: 94% of the initial supply is controlled by insiders.

High transaction costs:

Initial pool fee 1%, adjusted to 2.68%

Including slippage, the round-trip trading cost is close to 10%.

Liquidity trap: High fees and concentrated supply structures put ordinary traders at a disadvantage.

These factors have caused the vast majority of participants to become "the bag holders," while the real large profits have almost entirely flowed to insiders and a small number of experienced Token snipers.

Conclusion

The big dump event of YZY Token has once again sounded the alarm for the crypto market—meme coins carry high risks, high volatility, and a clear advantage for insiders, making it easy for ordinary investors to become victims. While a few individuals can reap huge returns in a short period, many face the harsh reality of instant capital evaporation. For investors chasing the next "get rich quick" myth, risk management and due diligence may be the only way to avoid repeating past mistakes.