Anticipation among both crypto enthusiasts and bettors remains high for a potential Kanye West meme coin. If it becomes a reality, the token would almost certainly be one of the best cryptos to buy.
The uproar has been caused by an alleged CoinDesk article, which all but confirmed Kanye’s meme coin ambitions. However, the market isn’t so sure anymore, as sources are saying CoinDesk received fake news.
Nevertheless, the prediction market is seeing mind-blowing volumes ($18M+ at the time of writing) on the query of whether Kanye West will launch a meme coin by the end of February.
The odds for ‘Yes’ spiked to 83% sometime yesterday but have since then settled around the 70% mark. The fall is likely due to the fact that February 28 is approaching quickly and there has been no official news on a potential YE token. Not on his website Yeezy.com, his X, or anywhere else.
