Hey there, meme token enthusiasts! If you're keeping tabs on the wild world of celebrity-backed cryptos, you've probably heard the buzz around Kanye West's latest venture—now going by Ye—into the blockchain space with his $YZY token. Launched on the Solana network, this memecoin skyrocketed to a staggering $3 billion market cap in under an hour, only to face volatility amid insider trading concerns. But today, we're zooming in on a fascinating analysis from Bubble Maps that sheds light on the token's holder distribution.

Bubble Maps, for those new to the scene, is a nifty visualization tool that maps out cryptocurrency holders like bubbles in space—bigger bubbles mean bigger holdings, and connections show related wallets. It's super useful for spotting potential red flags like concentrated ownership or suspicious clusters that might hint at manipulation.

In a recent tweet from Bubble Maps, they revealed that the $YZY token's bubble map largely matches the distribution outlined on Kanye West's official website. That's a positive sign, suggesting transparency in how the tokens are allocated. Check out the bubble map visualization below:

The map shows the top 250 holders, with clusters representing different allocations. It aligns with the "YZYNOMICS" breakdown shared on the site, which details the token supply like this:

• Public Supply: 20%
• Liquidity: 10%
• Yeezy Investments LLC: 70% (vested over time with cliffs at 3, 6, and 12 months)

Here's a screenshot of the distribution table from the website for reference:

This vesting schedule means that a big chunk held by Yeezy Investments is locked up for months, reducing the immediate risk of massive dumps. However, Bubble Maps issued a word of caution in their follow-up: the 17% address labeled as "public supply" is unlocked and could sell at any moment. While it's close to the stated 20% public allocation (maybe accounting for some discrepancies in real-time data), this unlocked portion introduces volatility. In the fast-paced meme coin arena, an unlocked large holder can lead to sudden price drops if they decide to cash out.

This isn't the first time celebrity tokens have stirred up drama. Remember how other star-endorsed coins have pumped hard only to crash amid rug pull fears? $YZY's rapid rise and fall—dropping to around $1 billion after its peak—echoes those patterns, with reports of insiders cashing in millions shortly after launch. For more on the launch frenzy, check out this CoinTelegraph article.

At Meme Insider, we always advise trading with caution, especially with hyped-up launches like this. While the matching distribution is reassuring, the unlocked public supply is a reminder to do your due diligence. Keep an eye on tools like Bubble Maps for ongoing insights, and remember: in crypto, what goes up can come down just as fast.

If you're diving into Solana meme coins or celebrity tokens, stay updated with our knowledge base for the latest trends and tips to level up your blockchain game. What are your thoughts on $YZY—hype or hope? Drop a comment below!

For the original tweet thread, head over to Bubble Maps on X.