YZY Token Unlocks 120.83M Tokens Amid 89.9% Price Decline

Kanye West's YZY token releases 120.83M tokens worth $35.26M, its largest unlock ever, while price remains down nearly 90% from highs.

Woofun AI reports that the YZY token, associated with Kanye West, will execute its largest historical token unlock on August 16. A total of 120.83 million YZY tokens, valued at approximately $35.26 million, will enter circulation, representing 12.08% of the 1 billion total supply. Future monthly unlocks are estimated at $8.51 million until July 2027. Current market data indicates the token price has fallen 89.9% from its all-time high of $2.95, with a market capitalization of $87 million.