Yesterday, Bitcoin.com News detailed Ye’s reported YZY meme coin launch and examined an X spaces livestream hosted by the Doginals Dog non-fungible token (NFT) crew, who are equally noted for meme coin trading. During the livestream, the accounts Tall and Barkmeta discussed the imminent YZY meme coin launch. They also debated whether it would be on BNB or Solana.

Currently, it is being suggested that West partially sold admin access to his X account, which has 32 million followers, to the meme coin trader and Doginals character Barkmeta. Crypto influencers are warning people about this development, and Ye’s X posts (which are now deleted) featured a pinned X Community Notes claiming that Barkmeta and Tall are the same person who purchased Ye’s X account.

The note states:

Kanye sold access to his account to @barkmeta, the account he follows (@tall _data) is barks alt account. The dark/light mode and time format changes between screenshots point to multiple people having access to his account. This will be a major liquidity extraction event.

Barkmeta appears to reject the news while consistently posting on X. “Imagine the whole space telling us we’re scammers when it would’ve been so easy to rinse like $20M doing a fake Kanye coin today,” Barkmeta said. “I expected a lot of crypto twitter KOLs to write baseless hate threads about this account,” he wrote in another post. Despite Barkmeta dismissing the accusations, many influencers continue to warn ‘crypto Twitter.’

Dave Portnoy, a crypto supporter and social media personality best known as the founder and owner of Barstool Sports, tweeted several times about Ye’s alleged X account sale.

“Kanye West sold his account to the Barkmeta Doginals crew for $17M—they’re gearing up to scam the entire space,” Loki the Bird X account wrote. “Share for awareness and save Web3,” the account added. At press time at 8:30 a.m. (ET), the warning post has received more than 19,000 likes and 4,700 re-posts.

With Ye’s alleged X account sale and crypto influencers raising alarms, potential buyers should tread carefully. The mix of deleted X posts, pinned warnings, and conflicting statements paints a murky picture. Whether this is a marketing ploy or a cash grab, one thing is clear—anyone eyeing the YZY meme coin should think twice before diving in.

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