Ye, also known as Kanye West, is causing a stir in the crypto world with the introduction of his new digital currency, "Swasticoin," sparking controversy over his past antisemitic remarks.

Taking to social media to make the big reveal, Ye touted the high demand for "Swasticoin" despite the ongoing backlash he faces for his offensive statements. The launch of this cryptocurrency, reportedly connected to a decentralized exchange, has reignited criticism towards the artist.

Known for his inflammatory comments in the past, most recently regarding Jewish individuals, Ye's provocative choice of name for the coin has divided opinions. In a tweet questioning whether Jewish people would invest in his coin, he stirred further controversy and claimed that those who previously condemned his remarks were now showing interest in his new venture.

The announcement has triggered a wave of discussions in the cryptocurrency community, with many scrutinizing Ye's motives and speculating on the potential reception of "Swasticoin" in the market. The rapper's close social media interactions with Changpeng "CZ" Zhao, a prominent figure in the crypto sphere, have also added fuel to the ongoing debate.

This foray into the world of digital currency comes on the heels of Ye's divisive Super Bowl commercial and the brief sale of a controversial T-shirt on his online store, which featured a black swastika design. The reactions from the public have been swift and impassioned, with both supporters and critics sharing their opinions on Ye's latest endeavor.