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Rapper Ye, formerly known as Kanye West, slammed Barstool Sports chief Dave Portnoy on X after he labeled West’s meme coin a scam.
Portnoy had posted on X on Feb. 22 that `‘Rumor is Kanye (worst human alive) may be launching a scam meme coin and morons will buy it.”
Ye replied in a video posted on X on Feb. 24.
“Dave Portnoy, I don’t know you. I saw you was tweeting… I have no idea who you are, we’ve gone back and forth joking.”
Kanye West Sends Mixed Signals On X – Is He Launching His Own Meme Coin?
Ye had indicated on X that he was considering launching a meme coin, although he has since deleted those posts.
“I’m going to open the CA [contract address] for my Swasticoin to Jewish people and my friends and family first,” he wrote in one of the deleted posts.
While Ye publicly refers to the rumored meme coin as “Swasticoin,” sources close to the rapper told CoinDesk that the project might instead be named YZY.
In another post on Feb. 23, the American rapper said, “I need my own blockchain,” leading many to believe that he was looking for a network to deploy his token on.
I need my own blockchain
— ye (@kanyewest) February 23, 2025
Ye also reposted several posts made by former Binance CEO Changpeng Zhao (CZ), suggesting that the new meme coin could be based on the BNB Chain.
That one retweet got him to 33.2m followers? wow. 🤔 https://t.co/IXz4eweQcc
— CZ 🔶 BNB (@cz_binance) February 22, 2025
However, Ye then went on to unfollow Zhao and started following Polychain founder Olaf Carlson-Wee instead.
Best Crypto To Buy Now As Investors Wait For The Official Kanye West Meme Coin
As investors wait to learn whether Ye will launch a meme coin, they might consider instead some of the hottest meme coins in the market right now. Among analyst favorites are the following:
Solaxy (SOLX)
Solaxy is the first layer-2 scaling solution for the Solana network. It aims to help alleviate congestion on Solana that’s been exacerbated by a surge of trading after the TRUMP and MELANIA meme coins were launched last month.
Solaxy’s native layer-2 sidechain will alleviate the computational stress being placed on the Solana infrastructure by processing SOL transactions off of the Solana mainnet.
The project achieves this through rollups, which is a scaling technology that has been proven to work within the Ethereum ecosystem by projects such as Arbitrum and Optimism.
SOLX has already raised $23.2 million in a little more than two months.
BTC Bull Token (BTCBULL)
BTC Bull Token is the first Bitcoin-themed meme coin to provide free BTC to its investors.
As BTC soars to new heights, BTC Bull Token will reward holders with Bitcoin via airdrops when the crypto reaches certain milestones for the first time. The first airdrop will take place when Bitcoin hits $150K, and thereafter for every $50,000 increase in the price of the king of cryptos.
BTCBULL tokens will also be burned to increase their scarcity when Bitcoin reaches $125K, $175K and $225K.
BTCBULL has already already raised over $2.7 million in less than two weeks since it launched.
MIND Of Pepe (MIND)
MIND of Pepe is the first AI derivative that’s also using the Pepe meme brand.
Frog-themed tokens that have leveraged the Pepe the Frog branding have stood out in both the pre-market and market stage in recent months, led by Wall Street Pepe (WEPE) and Pepe Unchained (PEPU).
To maximize its chances of success, the project also appeals to AI agent crypto investors, and introduces a sophisticated AI model.
MIND of Pepe’s AI agent is able to connect to social platforms such as X, Discord and others to spot emerging trends in the crypto space through hive-mind analysis.
Once the AI model identifies a new trend that could lead to profitable trading opportunities, it shares its insights with the MIND of Pepe community through token-gated groups.
Crypto YouTube channel 99Bitcoins, which has over 725K subscribers, said recently that MIND is “too good to pass up.”
MIND has raised more than $6.8 million in a little more than five weeks.
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