One PALU whale invested $100,000 within the new BNB meme coin simply earlier than CZ made a viral put up about it. This brought on asset values to skyrocket, leading to big earnings for the whales.
There has additionally been some social media buzz about insider buying and selling, however this may be a coincidence. In any case, in in the present day's scam-filled crypto tradition, once-scandalous allegations appear fully regular.
Was CZ concerned with PALU?
The BNB memecoin ecosystem has been rising quickly in current weeks, threatening to usurp Solana's place as the highest blockchain for these belongings. This morning, new meme coin PALU has grown dramatically following two important occasions. That’s when Binance Alpha listed the token and former Binance CEO CZ shared the PALU meme.
The mixture of those occasions has brought on PALU to rise roughly 19% up to now 24 hours regardless of the momentary worth decline. Nevertheless, one on-chain analyst famous the next considerations:
Shortly earlier than CZ's tweet, the pockets bought $100,000 in meme coin $PALU.
Now up by $1 million pic.twitter.com/AudXSjHWLD
— Bubblemaps (@bubblemaps) October 7, 2025
Particularly, a couple of minutes earlier than CZ posted, one pockets bought roughly $100,000 price of PALU. The meme has been considered roughly 1.7 million instances and counting, and has introduced quite a lot of notoriety to the token.
In different phrases, this PALU whale's funding paid off rapidly, with earnings of at the very least $1 million, and that quantity continues to develop.
lack of clear proof
This brought on a little bit of a combined response locally. Was it a fortunate coincidence or was there insider buying and selling at play? And if that’s the case, was CZ himself really concerned? CZ has nice affect on the BNB meme coin, and PALU is a mascot that intently resembles the previous CEO.
It’s pure for token builders to need him to acknowledge their initiatives.
Moreover, the declare that CZ was immediately concerned in PALU worth manipulation appears a bit far-fetched. Admittedly, this man has a historical past of controversy. He’s serving a federal jail sentence and is suspected of involvement in backroom offers with the Trump administration.
Doesn't a $100,000 funding seem to be small potatoes to him as compared? Even when CZ labored with the PALU builders to completely time the tweets, it looks like an advanced option to earn a comparatively small price. On this case, it may actually be a coincidence.
Nonetheless, it's unimaginable to say instantly, and we might by no means get a agency reply. At the moment's local weather of fraud and “crime is authorized” ambiance could make everybody just a little paranoid, particularly when criminals are always innovating.
Sadly, insider buying and selling allegations could also be a part of the meme coin sector going ahead.
The article “PALU Whale Purchased $100,000 Earlier than CZ Tweet” appeared first on BeInCrypto.
