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Polimarket gives 18% coefficients in Kanye West launching your own crypto


According to recent data polysket, there are 18% chance that Kanye West will launch its own cryptoturcy by the end of this month. The survey was created on Kanye West initiated his cryptoturkul after posting a message on x citing “when people make all that money with money or concept?”. It caused a lot of speculation about the potential entry into West to the world of crypto.

Polymarket indicates 18% chance of Kanye West launch a coin by the end of the month

Tweet which started a polmarket survey

Celebrity Cryptotreams: Growing trend

This is not the first time that the celebrity is associated with crypturing. Back in 2014. Someone created a digital currency called “Coinye” based on the west, but he was closed for legal issues. Since then, other celebrities have launched their own crypturing, with mixed results.

What if Kanye West start cryptoturs?

If the West is running their own cryptoturry, it could affect the market for a short time. Cryptoturrency that supports celebrities would attract significant attention to both fans and investors, increasing market activity and volatility, but the success of the coin depends on how well it fits in the West brand and which value offers users.

In addition, if in all the western plans to launch a coin, it would have to be ensured that all necessary laws and regulations are followed to avoid legal issues, unlike Coyye who faced legal issues and had to be closed.

The community reacts

The answer to Kanye West Cryprurnycurrency is mixed. Some of the community members expressed excitement while others warn the investors regarding the risk associates with famous digital assets.

Read I: Ripple (XRP) leaves 5% in spite of the falling unemployment rates



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