Kanye West, also known as Ye, has caused a stir in the cryptocurrency community with his announcement of plans to launch a token called "Swasticoin" or "YZY." This comes as a surprise as Ye had previously criticized celebrity-backed tokens. The announcement included controversial remarks targeting the Jewish community, raising concerns. Ye stated that he plans to open the token's contract address first to Jewish people and his friends and family. It is unclear if the launch will proceed as promised, and some speculate that the inflammatory name could be a publicity stunt. Ye's track record adds doubt to the claim of a launch next week, and the crypto community has responded with skepticism. Observers await further developments to see if Ye follows through or abandons the project.



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