Kanye West Won’t Jump Aboard Meme Coin Bandwagon Despite A ‘$2 Million Offer’: ‘Coins Prey On The Fans With Hype’

Controversial rapper Ye, formerly known as Kanye West, denied intentions to launch his own meme coin on Saturday, stating that he only focuses on things he is “knowledgeable” about.

What Happened: The famous hip-hop artist took to X to express his disdain for the growing trend of celebrity-endorsed cryptocurrencies.

“M not doing a coin. I make products. I only do things I am passionate and knowledgeable about. I’m too rich to do anything else. Coins prey on the fans with hype,” Ye said.

He further revealed that he was offered $2 million to “scam” his community, an offer he promptly declined.

Ye’s remarks …

Full story available on Benzinga.com