On March 15, according to monitoring from Lookonchain, an automated trader was found to have bought Token YZY after Kanye West reposted a tweet, ultimately losing $465,600 in just 1 hour. This trader also paid 75 SOL (about $10,000) to JitoTip to prioritize their trading interests.

This action demonstrates the inherent risks of chasing trends on social media, especially when cryptocurrency transactions occur too quickly and lack thorough analysis.

It is important to remember that market news is for reference only, not investment advice. Resource allocation requires careful consideration.