The price of Rapper Kanye West's recently-launched memecoin called YZY climbed 1,000% within just minutes of its launch, Forbes reported. With the sudden surge, the crypto hit a market capitalisation of over $3 billion (₹26,000 crore) before falling sharply to trade at $1.5-billion m-cap. YZY is currently trading at $1.1605, recording a nearly 500% rise in under 24 hours.