Kanye West's cryptocurrency, known as the YZY Meme Coin, has experienced a dramatic decline in value, plummeting by an astonishing 81%. This steep drop comes in the wake of a recent hack on Instagram, which has raised concerns among investors and contributed to a growing frenzy surrounding numerous counterfeit tokens in the market. As a result, many are questioning the stability and legitimacy of the YZY Meme Coin amid the chaotic environment fueled by these incidents.
source: https://blocknews.com/kanye-wests-yzy-meme-coin-tanks-81-amid-instagram-hack-and-fake-token-frenzy/