Overview

• YZY now trades near $1 with its market value down from an opening spike near $3 billion to the low hundreds of millions, according to multiple analytics dashboards.
• Analysts report extreme concentration of supply, with estimates ranging from roughly 70% held by insiders to a single multisig controlling 87% before dispersal.
• On-chain trackers flagged wallets that knew the correct contract early and booked rapid gains, including a trader netting more than $1.5 million and Nansen tallying roughly $24.5 million in profits across 13 wallets.
• The launch’s 25-address anti-sniping scheme did not stop privileged access, and a token-only liquidity pool plus fee and bin settings created costly, one-sided conditions for late buyers.
• Research firms say a majority of retail participants are in loss, the project website includes a class-action waiver for purchasers, and the touted Ye Pay and YZY Card lack verifiable timelines or technical details.