Blockchain analytics firm Bubblemaps has identified that at least one investor who profited from the TRUMP and LIBRA token launches was also among the first to buy Ye’s YZY memecoin. The token officially launched on the Solana blockchain on August 21.
Bubblemaps’ research shows that the first major YZY purchase occurred on launch day, when wallet AwY1V acquired $250,000 worth of the token. On-chain analysis links this wallet to addresses involved in prior high-profile memecoin launches, including LIBRA, TRUMP, and HAWK. Analysts suggest that the owner of AwY1V—identified as Naseem—likely used additional addresses to maximize profits.
YZY memecoin sniper: pure skill or insider play?
According to Bubblemaps, wallet AwY1V sold part of its initial $250,000 YZY investment for $800,000, while still holding roughly $600,000 worth of the memecoin. However, the report was published 15 hours ago, and since then, YZY has fallen sharply, with its market cap now around $200 million — down about 93% from the $3 billion peak it hit just 40 minutes after launch.
The wallet’s owner, Naseem, first gained attention earlier this year by turning a $1.1 million investment in the TRUMP memecoin into over $100 million. Bubblemaps analysts are now questioning how he consistently appears at the forefront of high-profile memecoin launches—including TRUMP, HAWK, LIBRA, and now YZY: “Is it sheer skill, or does he know something more?”
