Overview of YzY/SOL
YzY, commonly referred to as Yeezy Coin, is a digital token trading against SOL on the Raydium decentralized exchange. As of the latest data, the YzY/SOL price stands at $0.001835, reflecting a 24-hour increase of 4.01%. The trading volume over the same period is $23,359.80, facilitated through 138 transactions.
The token's fully diluted valuation (FDV) is approximately $1.83 million, supported by a liquidity pool of $386.28 thousand. These metrics provide a snapshot of its current market presence and investor interest.
Detailed Market Statistics
YzY/SOL reached a 24-hour high of $0.001853 and a low of $0.00172. The liquidity pool, crucial for trading efficiency, is valued at $386,276.40. This pool consists of 105 million YzY tokens (worth $193,874.07) and 1,254.17 SOL (equivalent to $192,353.35).
The pool was created four months ago and remains active, with the most recent transaction occurring within the past day. The exchange rate is currently 1 YzY to $0.00001197 SOL, meaning 1 USD can purchase approximately 544.89 YzY.
Trading and Liquidity Insights
YzY/SOL is traded on multiple platforms, including Raydium, Maestro Bot, Soul Sniper, Jupiter, Phantom, and MEXC DEX+. The token has around 12,379 holders, indicating a growing community of investors.
The largest holder is the Raydium contract address, which possesses 104.19 million YzY tokens valued at $191,216.14. This significant holding underscores the platform's role in maintaining liquidity and market stability.
Security and Contract Details
The contract address for YzY/SOL is 969wmqydp6mc8jEL2v7tmpv5PwzWBfqzkmiENne2JBfe. Key security features include disabled minting and freezing authorities, reducing the risk of unauthorized token manipulation. Additionally, 99.99% of the liquidity is locked, enhancing trust and reducing volatility risks.
The GT Score, a metric assessing overall token health, is 81.04 for YzY/SOL. This score reflects favorable conditions in liquidity, trading activity, and security measures.
How to Engage with YzY/SOL
For those interested in trading or investing, YzY/SOL offers opportunities on decentralized and centralized platforms. Understanding market trends and liquidity conditions is essential for making informed decisions. 👉 Explore real-time trading platforms to stay updated with live data and execution tools.
Always conduct thorough research and consider market risks before engaging in token transactions. The volatility of cryptocurrency markets requires careful strategy and risk management.
Frequently Asked Questions
What is Yeezy Coin (YzY)?
Yeezy Coin is a cryptocurrency token traded primarily against SOL on decentralized exchanges like Raydium. It operates on a secure contract with locked liquidity and disabled minting functions to ensure investor safety.
How can I buy YzY tokens?
You can purchase YzY tokens on several platforms, including Raydium, Jupiter, and MEXC DEX+. Ensure you have a compatible wallet and sufficient SOL for transactions. Always verify contract addresses to avoid scams.
What does the GT Score indicate?
The GT Score of 81.04 suggests that YzY/SOL has strong liquidity, trading activity, and security measures. It is a reliability indicator helping investors assess token health before investing.
Is YzY/SOL a safe investment?
While the token has security features like locked liquidity and no minting authority, all cryptocurrencies carry inherent risks. Market volatility and external factors can impact prices, so diversify investments and only risk what you can afford to lose.
Who is the largest holder of YzY?
The largest holder is the Raydium contract address, which holds over 104 million tokens. This holding helps stabilize the liquidity pool and supports smooth trading operations.
How often is YzY/SOL traded?
Recent data shows 138 transactions in 24 hours, indicating moderate trading activity. The pool is updated regularly, with the last transaction occurring within the past day.