Ye simply unveiled plans to launch a cryptocurrency known as “Swasticoin,” claiming excessive demand for the digital asset regardless of widespread backlash.
His announcement, reportedly tied to a decentralized change, comes as he continues to face criticism for antisemitic remarks.
Ye, who has repeatedly made inflammatory statements about Jewish individuals, took to social media to tease the launch.
“Would a Jewish individual purchase my meme coin if it was known as the s####### coin?” he posted. He later claimed that those that disapproved of his previous feedback had been now keen to acquire the brand new token.
“PEOPLE WHO DIDN’T LIKE THE NAZI POSTS HITTING ME UP FOR THE CA ON MY SWASTACOIN,” Ye wrote on X, previously often called Twitter.
The transfer follows months of controversy surrounding the rapper and trend mogul, who earlier this 12 months declared, “I’m a Nazi” and “I like Hitler” in a sequence of posts on X.
He has repeatedly refused to apologize for his statements about Jewish individuals, insisting that he’s now not “managed” by them.
The coin’s provocative title instantly fueled debate, with many questioning West’s motivations and others speculating on its potential reception within the cryptocurrency market.
His determination to carefully comply with solely Changpeng “CZ” Zhao, the previous CEO of Binance, on social media has additional stoked dialogue inside the crypto neighborhood, particularly after Zhao weighed in.
Ye’s newest enterprise comes simply weeks after he aired a controversial Tremendous Bowl commercial directing viewers to his on-line retailer. The location briefly bought a T-shirt that includes a black s####### earlier than being faraway from Shopify.
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