Blockchain analysis company Bublemeaps, Kanye West’s first investment in Yzy Token, in February, the investors who earn approximately 100 million dollars through the Trump Token announced that the same person. The identity of the investor in question was not explained to the public, and this led to suspicions of transactions from the inside. Experts draw attention to the similarity of the investors’ movements in two different crypto assets.
Suspect Investment Transactions
According to the data obtained by Bubblemaps, it is a powerful connection between the crypto currency investor who made the first investment in the YZY token founded by Kanye West, and the previously high -profit person in the Trump token. This finding brought up the allegations of transactions in various circles.
In the crypto currency community, it is evaluated that this investor may have acted based on the information it has in the markets. Some analysts attribute to remarkable harmony in the purchase-sale timing of the investor’s high return in a short time.
Expert opinions and reactions
Bubblemaps made the following statement while sharing his analysis on the subject:
“The first purchases in the Yzy token coincide with the investor who has signed a great gain in the Trump token. This raises concerns that they can be informed from the inside.”
Many crypto experts emphasize that transparency should be increased in the face of similar transactions and reiterate the demands of investors.
While the identity of the investor is not shared with the public, there is no definite judgment as to whether or not to act in accordance with the information received from the inside.
Impact and Investor Confidence in Markets
Experts argue that such transactions can create insecurity in crypto money markets. It is argued that the transaction allegations from the inside can highlight the necessity of intervention of regulatory institutions to the sector. Some market experts stated the following opinion on the subject:
“Internal trading allegations strengthen the need for transparency in the markets and may affect the confidence of the participants.”
Market followers, especially large transactions and sudden price movements should be monitored carefully.
In the light of recent developments, large investments in crypto currency projects and the timing of these investments are carefully monitored by the community. In the coming period, it is stated that regulatory mechanisms may be more effective against such suspicious purchase and sale activities.
Investor and expert circles reiterate that transaction transparency is of great importance for stability in crypto currency markets and stressed that similar claims can be prevented by strict control.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.