American rapper and report manufacturer Kanye West has been within the information in recent years following his marvel look on the Grammys 2025. The hip-hop celebrity has been actively posting on X, teasing a imaginable crypto collaboration with Coinbase CEO Brian Armstrong.
‘Crypto Yeezy’?
In a February 7 put up on X, West shared that he used to be introduced $2 million to advertise a fraudulent cryptocurrency challenge in his title. This revelation got here amid the collection of erratic, abusive, and reasonably nerve-racking posts made by way of the 47-year-old singer.
In line with the chat screenshot, Kanye West used to be introduced an up-front cost of $750,000 for the promotional contract. The association would additionally come with a next cost of $1.25 million 16 hours after the billionaire rapper posts concerning the challenge.
The captured messages confirmed that West would then be meant to announce to the general public that his X account used to be hacked and the put up used to be no longer from him. This scheme used to be projected to rob unsuspecting enthusiasts and crypto neighborhood contributors of “tens of thousands and thousands of greenbacks.”
Kanye West discussed that he refused the be offering and lower his paintings dating with the person who proposed it. In spite of the abusive and anti-semitic posts that adopted this revelation, a number of contributors of the web neighborhood and crypto initiatives recommended the Hollywood big name to release a coin.
Supply: X
Maximum particularly, Solana-based token technology and buying and selling platform Pump.amusing spoke back to one in every of West’s posts — about “channeling Andrew Tate”, encouraging him to release his personal cryptocurrency. Then again, Kanye West seems to not be taking into consideration the platform for his crypto endeavors.
In a put up on X captioned “regarding crypto,” West shared every other chat screenshot the place he requested an nameless affiliate to “resend that crypto attach.” This person spoke back with “Brian Armstrong, CEO & Founding father of Coinbase,” announcing they might ask for the crypto founder’s telephone quantity.
Superstar Tokens Making A Go back In 2025?
Kanye West wouldn’t be the primary Hollywood superstar to release a token if he had been to take action. Significantly, rapper Iggy Azalea introduced her Mom Iggy (MOTHER) token in Would possibly 2024, garnering important consideration at a time when movie star token launches had been in model.
Different celebrities allegedly concerned with token launches up to now 12 months come with Davido, French Montana, and Lil Pump. Whilst Kanye West is without doubt one of the largest names within the international tune trade and popular culture, his erratic and arguable nature provides an enchanting measurement to how buyers will manner a token introduced in his title.
The overall crypto marketplace cap at the day-to-day time-frame | Supply: TOTAL chart on TradingView
Featured symbol from Matt Winkelmeyer, chart from TradingView