In the wild world of meme coins, where fortunes are made and lost in seconds, a recent revelation has the crypto community buzzing. Bubblemaps, the visualization tool that's like a detective for on-chain activity, dropped a bombshell about the first buyer of $YZY – Kanye West's controversial meme token on Solana. Turns out, it's none other than Naseem, the legendary sniper who turned $1.1 million into over $100 million on $TRUMP earlier this year.
If you're new to this, "sniping" in crypto means buying into a token right at launch, often using bots or insider knowledge to get in before everyone else. It's high-risk, high-reward, and Naseem has been crushing it. But this time, questions are flying: Is he just that good, or is there something shady going on?
The $YZY Snipe Breakdown
$YZY launched on August 17, 2025, amid hype around Kanye's involvement (though it's unclear if it's official). The early buys were from team wallets – nothing unusual there. But on August 21, the first real external purchase hit: a wallet dubbed AwY1V dropped $250,000 on it. That's a massive bet right out the gate.
Bubblemaps dug deep into the on-chain data and found strong links between AwY1V and Naseem's known wallets. These connections include shared snipes on other big launches like $LIBRA and $TRUMP. Based on the evidence, they're confident it's him.
Naseem didn't hold back – he quickly sold $800,000 worth for profit and still holds about $600,000. But here's where it gets intriguing: How did he become the absolute first buyer? He's nailed every major meme coin launch lately. Pure skill with top-tier bots? Or does he have insider access to contract addresses before they're public?
For context, check out the Solana transaction details on Solscan.
Echoes of the $TRUMP Triumph
This isn't Naseem's first rodeo. Back in February 2025, Bubblemaps spotlighted how he became Solana's most profitable sniper with $TRUMP. He spotted the Trump-themed meme coin early, invested big, and rode it to a nine-figure payday. It was a masterclass in timing, but patterns like this make you wonder about the fairness in meme coin trading.
Bubblemaps' original thread on that saga is worth a read for the full backstory: Naseem's $TRUMP thread.
The Plot Thickens: Elite Sniper Coordination
Just when you thought it was over, Bubblemaps updated the story on August 22, 2025. After receiving DMs from the community, they uncovered something bigger: Another sniper who's shared funds and coordinated snipes with Naseem in the past.
This points to an "elite group" of traders who don't compete – they collaborate. By pooling info and timing, they dominate launches, pump prices, and dump, leaving retail investors holding the bag. It's like a cartel for meme coins, making millions while "destroying charts" in the process.
Bubblemaps teased that the story isn't over, hinting at more revelations. You can follow the update directly on X.
What This Means for Meme Coin Traders
Meme coins are fun, but they're also a battlefield. Tools like Bubblemaps help level the playing field by exposing wallet clusters and suspicious activity. If you're diving in, always DYOR (do your own research), watch for red flags like concentrated holdings, and consider using platforms like Solana for its speed – but beware the snipers.
Shoutout to @RepeatAfterVee for the initial tip that kickstarted this investigation. Their post highlighted Naseem's "luck" in sniping $YZY just seconds ahead, turning $250k into $1.8M profit.
As blockchain evolves, transparency is key. Stay tuned to Meme Insider for more breakdowns on tokens like $YZY, $TRUMP, and the shady side of sniping. What's your take – skill or scam? Drop your thoughts below!