ALBAWABA - Rumor has it that famous American rapper Kanye West might be reportedly launching a new cryptocurrency sparking speculation and debate across social media. The American rapper has been also trending after unfollowing everyone on Instagram except Taylor Swift and making derogatory comments about Kamala Harris.
The rumored cryptocurrency is currently being referred to as "$YE," and despite claims from influential users on Musk's X (formerly known as Twitter), Neither Kanye West nor official crypto outlets confirmed the release of "$YE." News about its possible release naturally sparked speculation among social media users and crypto connoisseurs about its effects on the crypto world.
One X user wrote, "If Kanye dropped a memecoin, the crypto market would go straight to zero."
Another replied with, "That's a bold statement, but I think the market would just find a way to love it."
Is Kanye West dropping a new cryptocurrency? $YE rumors swarm the internet
Meanwhile, Kanye West also officially returned to Musk's X (formerly known as Twitter) with an all-new profile picture and a series of posts discussing his sexual interest in former US Vice President Kamala Harris, and Donald Trump's recent win against her in the presidential elections.
He also unfollowed everyone leaving Taylor Swift the sole follower on his official Instagram account, causing speculation and debate across several other platforms due to the feud between the two stars since 2009.
