{"id":12084,"date":"2025-02-08T19:01:39","date_gmt":"2025-02-08T19:01:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12084"},"modified":"2025-02-08T19:01:39","modified_gmt":"2025-02-08T19:01:39","slug":"odds-of-kanye-west-launching-token-plummet-after-he-says-coins-prey-on-fans","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12084","title":{"rendered":"Odds of Kanye West Launching Token Plummet After He Says \u2018Coins Prey on Fans\u2019"},"content":{"rendered":"
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The perceived odds of Ye, the rapper formerly known as Kanye West, launching a token have plummeted after he posted on social media that he is \u201cnot doing a coin\u201d in a post where he added that \u201ccoins prey on the fans with hype.\u201d<\/p>\n

That post<\/a> saw the perceived odds of Kanye launching a token this month, which at one point reached 40% on the popular prediction market Polymarket, plunge to around 10% as traders reacted to it.<\/p>\n

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Various memecoins, called “Ye,” have popped up since the rapper started the conversation about crypto on social media, in anticipation that the rapper is going to launch a token. However, after the denial, these have seen their value plunge. One of the tokens has lost more than 65% of its value<\/a> since the rapper\u2019s post, while a second one is down 89%<\/a>, according to Dexscreener data.<\/p>\n

Ye\u2019s post, in which he said he only does things he is \u201cpassionate and knowledgeable about\u201d while being \u201ctoo rich to do anything else,\u201d came after a previous one in which the rapper said he turned down a $2 million offer to launch his own token. After his posts, the rapper appeared to want to get in touch with Coinbase\u2019s CEO, Brian Armstrong, in a cryptic post<\/a>.
\nRead more: JPMorgan Closed Kanye\u2019s Account. Yes, There\u2019s a Crypto Angle<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The perceived odds of Ye, the rapper formerly known as Kanye West, launching a token have plummeted after he posted on social media that he is \u201cnot doing a coin\u201d in a post where he added that \u201ccoins prey on the fans with hype.\u201d That post saw the perceived odds of Kanye launching a token […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12084","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12084"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12084\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}