Spain's Composite PMI for August

The YZY Meme Token launched by Kanye West in 2025 experienced significant fluctuations in the market, with its market capitalization rapidly rising and then quickly falling, causing controversy. The highly centralized distribution structure of the token and potential insider trading issues have increased investment risks. The future development of YZY depends on practical application and Kanye's personal influence, and investors need to remain vigilant.

Kanye West created a meme coin $YZY , and of course everyone lost 🤣 15,000 lost less than $500🤣 1.2,000 lost between $500 and $1,000😂🤣 1.8,000 lost between $1,000 and $5,000😂🤣 429 lost between $5,000 and $10,000😂🤣 523 lost between $10,000 and $100,000😂🤣 64 lost between $100,000 and $1,000,000😂🤣 One person lost a million😂🤣 💸 In contrast, only 5 wallets made profits of over a million! (Brother) 🤣

Even with the YZY launch, trading bot activity was low last week. $1.46B in combined volume. Down -29% from the previous week. For comparison: TRUMP did $1B+ in trading bot volume in one day.

📅 Web3 Weekly Hot Takes — Aug 17–24 Quick global roundup of last week’s must-see crypto & Web3 stories: 🔥 Major Headlines • Kanye West drops $YZY — hype & controversy collide. +14x market cap, but high centralization & unclear roadmap. • Faraday Future enters crypto with C10 Index & Treasury — aiming to deploy $500M+ in digital assets. • Hyperliquid @HyperliquidX whale Huang Licheng flexes NFT plays — 70/76 trades profitable, peak unrealized gains $35M, quick swings show the thrill of DeFi gaming bets. 📊 Market Insights • LATAM crypto adoption grows: hundreds of thousands using crypto for payments, remittances, and savings. Stablecoins & local rails powering on-chain economy. • Corporate treasuries keep stacking $BTC & $ETH — Strategy, World Liberty, and more raising billions. Institutions shaping the next cycle. • Market debate: 4-year cycle peak in 2025 or extended to 2026? Macro + regulation + institution-driven dynamics could shift the game. • Q2 Web3 funding hits $9.6B, infrastructure still king, investors chasing conviction over hype. 🚀 Project Spotlight • Ethena @ethena_labs : building CeDeFi bridge connecting TradFi & DeFi — massive ambition, watch closely. • LayerZero vs Wormhole: cross-chain bridge battle heating up — $STG acquisition & counteroffers. • AI + stablecoin innovation, new DeFi yield paths and AI infra financing. 💬 Which story caught your eye the most? Meme frenzy, whales, or big institutions stacking crypto? Drop your hot take below! 👇 #Web3 #CryptoNews #Ethereum

#YZY# Longs have been liquidated, now it's time to liquidate shorts. To the moon YZY