Cryptochiefprest Posted 1 hour ago Posted 1 hour ago Even as Bitcoin maintains its stature as crypto gold, another cultural asset is emerging, YZY Ye’s token just got YZY/USDT perpetual futures on BingX. That feels like meme coin culture seeking its own gold standard. Just like gold futures let people trade without holding physical gold, YZY futures let traders engage without owning YZY. That broadens participation and can add value perception. But the token launched with heavy centralization 94% in insiders’ hands, and liquidity only in YZY form. Futures amplify control. If insiders exit or signal moves, prices could swing wildly. For YZY to evolve from cultural hype into a form of digital gold, the ecosystem needs more than futures. It needs fairness, transparency, and trust vested token release, open governance, and risk safeguards. Futures are a milestone but for YZY to become cultural gold, it must build real structure and accountability.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now