Binance founder and former CEO Changpeng Zhao (CZ) spoke concerning the current meme coin pattern on the BNB chain in an announcement.
CZ expressed shock on the elevated curiosity and referred to as the scenario “BNB meme coin season.” He claimed that this improvement was sudden and that his current focus has been on decentralized cryptocurrency trade Aster and its token ASTER.
Just lately, there was numerous motion in direction of meme cash throughout the BNB ecosystem. Amongst them, a inventory named 4 (4) has soared 475% previously week, reaching a market capitalization of $245 million, regardless of not being straight listed on a serious cryptocurrency trade. The phrase “4” is an idea typically related to the Binance founder and encompasses 4 completely different factors that CZ has beforehand emphasised within the crypto market. CZ can also be identified for sometimes sharing “4” themed posts.
Alternatively, do not forget that meme cash haven’t any intrinsic worth and virtually all traders will undergo losses.
*This isn’t funding recommendation.
