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Odds of Kanye West Launching Token Plummet After He Says ‘Coins Prey on Fans’

Odds of Kanye West Launching Token Plummet After He Says ‘Coins Prey on Fans’
Rapper Kanye West, also known as Ye, has announced on social media that he will not be launching a token, causing the perceived odds of him doing so to drop from 40% to 10% on the Polymarket prediction market. Following this announcement, memecoins named "Ye" have seen a significant decrease in value, with one token losing 65% and another losing 89% since the rapper's post. Ye stated that he only engages in activities he is passionate and knowledgeable about and expressed interest in contacting Coinbase's CEO, Brian Armstrong.

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