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CZ Sparks Memecoin Frenzy With Dog Picture, Four.Meme Event | Global News Avenue

CZ Sparks Memecoin Frenzy With Dog Picture, Four.Meme Event

Binance founder Changpeng Zhao (also known as “CZ”) swept the cryptocurrency market after sharing his dog’s name and pictures. The news sparked the launch of multiple tokens inspired by pets and was further fueled by the name speculation contest of BNB Chain’s Memecoin Launchpad.

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CZ Spark Memorial Crazy

On Wednesday, Zhao admit X user asked him if there was a dog after the cycle was memory fever. The Binance founder revealed that he was “not a Shia INU, but a Belgian Manoi”, which led to the cryptocurrency community asking for his dog’s name and pictures.

CZ asked if he shared this information, asking if people would create memes based on dogs, how investors know which one is the “official” token, and whether it matters.

He joked that he would consider whether it was “respecting his privacy or dogs that were created for it”, sparking massive speculation about the official Memecoin launch.

On Thursday, CZ shared on X that he would share his dog’s photo and name at 8:00 pm Dubai time, or UTC at 4:00 pm, send investors in crazy On upcoming posts.

Community members have launched several tokens, including the name of CZ’s four-legged companion, and some have a market capitalization of $60 million.

Arkham Famous Two leader tokens on BNB chain Brownie and Perry soared sharply on Thursday morning. It is worth noting that an investor made more than $1 million in 12 hours, initially under $12,000.

Four.

BNB chain token launcher, four. join in Crazy people announced “CZ Dog Name Meme Symbol Gambling Event”. According to X Post, a name with the same dog name as CZ will be part of the game.

Tokens created today before 4:00 pm UTC will be eligible to participate and “become the next big meme.” Detailed introduction of the announcement:

30 minutes after CZ post, the highest market cap token is one quarter. The winner’s token will burn a quarter of the LP revenue periodically.

At 4:12 UTC, the Binance founder shared a photo with his dog Broccoli. The dog is named after the vegetable because he wants “a name with B as b, with green in it.”

CZ wrote that he and Broccoli had socially linked their difficulties, adding that the dog helped him get a “good rest” from the intense negotiations with the Justice Department at the time. He also said he never Imagine His pet will be part of the blockchain ecosystem, adding that “a day that will never be sluggish in cryptocurrencies”.

member
CZ shares the first photo with broccoli. source: CZ on x

Broccoli for immortality in blockchain

CZ clarified that he was just “posting” photos and names of the dogs, not publishing members He himself. He believes whether to launch a token depends on the community.

The BNB Foundation “can offer rewards, LP support or other rewards for top memes on the BNB chain,” but details are still being discussed.

After “Pet Reveal,” speculations about token guessing the name of broccoli fell, with leading Memecoin falling from a $22 million market cap to $1 million in less than a minute.

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Meanwhile, created by members inspired by CZ PET’s real name stimulus, several BNB chains and Solana-based token flooding DEXSCREENER feeds. While writing, CZ’s Dog (Broccoli) fired a minute after Zhao’s post, and has become the biggest Winner.

The member reached a market capitalization of $300 million after its creation, and is currently trading at $0.0745 with a market cap of $75 million. A quarter of the winning token has not been announced yet.

Memecoin, BNB, BNBUSDT
BNB’s performance in the week-long chart. Source: BNBUSDT TradingView

Featured images from Unsplash.com, charts from TradingView.com

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