🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Lookonchain: It is suspected that multiple internal wallets have been informed in advance of the $YZY contract Address for Arbitrage.
PANews reported on August 21 that Kanye West (@kanyewest) launched the $YZY Token, injecting only $YZY into the liquidity pool, without $USDC. Developers can sell tokens by adjusting liquidity, similar to $LIBRA. Multiple internal wallets prepared funds in advance and quickly bought $YZY, with wallet 6MNWV8 having prior knowledge of the contract address, spending 450,611 USDC to purchase 1.29 million $YZY at $0.35, and later selling 1.04 million $YZY for 1.39 million USD, leaving 249,900 $YZY (approximately 600,000 USD), making over 1.5 million USD in profit. In addition, an investor suspected of having information about Kanye West’s issued token lost $710,000 by buying the wrong $YZY. About 40 minutes ago, this investor bought the legitimate $YZY for $761,000 and has now made a profit of over $710,000, recovering the previous loss.