On February 8th, the famous rapper Kanye West took to social media stating, 'I will not issue Token, I only make products, I only do what I love and understand. I am too rich to do anything else. Token uses hype to deceive fans, just like the cult sneakers that rise in value due to hype.' Earlier, BlockBeats reported that Kanye West stated on social media that someone offered him 2 million dollars as a reward for issuing the MEME coin to deceive his fan community, but Kanye himself refused this 'collaboration.' According to chat screenshots published by Kanye, this 'collaboration' involved Kanye promoting the MEME RUG coin platform, receiving an advance payment of 750 thousand dollars, and after 8 hours from the publication of the message, Kanye could announce that his 'account was stolen,' then pay 1.25 million dollars again after 16 hours. According to the client, this 'collaboration' could bring in profits of tens of millions of dollars.