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Blockchain analytics firm Bubblemaps has uncovered that at least one investor who profited from $TRUMP and LIBRA was also among the first to buy Ye’s $YZY memecoin.
- The first major $YZY memecoin purchase occurred on launch day, with a wallet (AwY1V) acquiring $250,000.
- On-chain analysis has linked this wallet to addresses involved in sniping $TRUMP, LIBRA, and HAWK launches.
Research by blockchain analytics firm Bubblemaps has revealed that at least one of the investors who previously sniped the $TRUMP and LIBRA token launches was also among the early snipers of Ye’s $YZY memecoin, which officially launched on the Solana (SOL) blockchain on August 21.
According to Bubblemaps, the first significant $YZY purchase occurred on launch day, when a wallet (AwY1V) acquired $250,000 worth of the token. On-chain analysis shows strong links between this wallet and addresses involved in previous major memecoin launches, including LIBRA, $TRUMP, and HAWK. Bubblemaps analysts believe the owner of AwY1V—reported to be someone named Naseem—likely used other addresses to further maximize profits.
$YZY memecoin sniped by same wallet as $TRUMP and LIBRA, on-chain analysis shows - 1">
$YZY memecoin sniper: pure skill or insider play?
AwY1V sold part of the initial $250,000 investment for $800,000, while still holding approximately $600,000 worth of $YZY memecoin, according to Bubblemaps. However, the report was published 15 hours ago, and since then the memecoin has plunged further, with its market cap now around $200 million — down roughly 93% from the $3 billion peak it reached within 40 minutes of launch.
Naseem first made headlines earlier this year by turning a $1.1 million investment in the $TRUMP memecoin into over $100 million. Analysts at Bubblemaps are questioning how he has repeatedly appeared at the forefront of all these high-profile memecoin launches—including $TRUMP, HAWK, LIBRA, and now $YZY: “Is it pure skill, or does he know something more?”