President Donald Trump surprised the crypto industry when he launched a wildly successful memecoin last month, and ushered in a new era of celebrity interest in creating their own cryptocurrencies. But Kanye West, now known as Ye, will not be hopping on the trend. The rapper shut down rumors that he would create his own memecoin during an erratic return to social media platform X over the weekend—before deleting his entire account.
West seemed to initially express interest in memecoins last Friday, writing: “WHEN PEOPLE MAKE ALL THAT MONEY WITH A COIN IS THAT CASH OR CONCEPT.”
