Hayden Davis Nets $12M Sniping Kanye West’s YZY Token
- Bubblemaps links Hayden Davis to $12M in profits from sniping Kanye West’s YZY memecoin
- Davis previously tied to LIBRA token scandal (Argentina’s Milei) and Melania Trump memecoin
- Cluster of 14 wallets funded pre-launch, traced to Davis via CEX deposits & CCTP transfers
- YZY bought within 1 minute of launch announcement
- Allegations fuel debate over insider advantages in celebrity-themed memecoins
Blockchain analysis firm Bubblemaps has alleged that Hayden Davis, the self-proclaimed “facilitator” of the controversial LIBRA token linked to Argentine President Javier Milei, earned $12 million sniping Kanye West’s newly launched YZY memecoin.
According to Bubblemaps, Davis — also tied to the failed Melania Trump memecoin — was behind a cluster of wallets that strategically sniped YZY at launch. The wallets were reportedly funded in advance via centralized exchanges, CCTP transfers, and shared deposits linked back to Davis, also known as Kelsier.
“Sniping” in crypto refers to using automated bots or smart contracts to secure large amounts of a token at the moment of launch, often generating significant profits before retail traders can respond. Bubblemaps noted that Davis’ cluster of 14 wallets bought YZY just one minute after its announcement, locking in $12 million in gains.
The revelations follow Bubblemaps’ recent report that YZY’s first buyer was another “expert sniper” who previously turned $1M into $100M trading Donald Trump’s memecoin. Davis, now CEO of Kelsier Ventures, has previously admitted to sniping LIBRA tokens at launch, a move that helped fuel its meteoric rise and subsequent crash.
These allegations add to growing scrutiny around political and celebrity memecoins, and whether insiders are leveraging early access to capture outsized profits at the expense of retail participants.
Final Thought:
The Davis case highlights how sniping strategies and possible insider access continue to shape memecoin launches. As celebrity-backed tokens gain traction, questions of transparency and fairness will only grow louder.
