Binance founder and former CEO Changpeng Zhao (CZ) spoke concerning the latest memecoin pattern on BNB Chain in his assertion.
CZ, indicating that he was shocked by the elevated curiosity, referred to as the state of affairs “BNB memecoin season.” He argued that the developments have been sudden and had just lately targeted extra on the decentralized cryptocurrency trade Aster and its token, ASTER.
There was important exercise in memecoins inside the BNB ecosystem just lately. Amongst these, one named 4 (4) has surged 475% up to now week, reaching a market capitalization of $245 million, regardless of not being instantly listed on any main cryptocurrency trade. The phrase “4” is an idea usually related to the Binance founder and encompasses 4 distinct factors CZ has beforehand highlighted within the cryptocurrency market. CZ can also be identified for often sharing “4”-themed posts.
However, allow us to remind you that memecoins don’t have any intrinsic worth and nearly all of their buyers lose cash.
*This isn’t funding recommendation.
