Rapper Ye, formerly known as Kanye West, criticized Barstool Sports chief Dave Portnoy after he accused Ye of launching a scam meme coin.
Dave Portnoy's Accusations
On February 22, Dave Portnoy expressed concerns on social media platform X about rumored plans by Kanye West to launch a scam meme coin. Portnoy called West 'the worst person alive,' creating a buzz online.
Ye's Response and Meme Coin Plans
Ye responded to Portnoy's statement in a video on X dated February 24, highlighting that he doesn't know Portnoy personally. In previously deleted posts, he hinted at creating a meme coin called 'Swasticoin,' although sources suggest it might actually be 'YZY.'
Crypto Community's Reaction
Analysts and crypto enthusiasts have shown interest in Ye's rumored meme coin. However, he continues to intrigue the public by deleting and posting conflicting information, making his stance on the meme coin unclear.
Amidst the controversy over Ye's meme coin, discussions about its potential future continue. It remains uncertain whether the project will materialize and under what name.