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Image Credit: Cryptonews

Binance’s “CZ” Sparks Meme Coin Frenzy with Dog Name Reveal

  • Binance's founder, Changpeng Zhao, revealed the name of his 18-month-old dog, Broccoli, sparking a frenzy in the memecoin market.
  • DeFi users started creating memecoins to guess the name of CZ's dog, resulting in a surge of new projects in the market.
  • The memecoin named Broccoli, built on Binance Chain, witnessed over $280m in trading volume within 12 hours before its price plummeted.
  • The incident highlights the memecoin culture within the crypto community and the constant connection to the online world.

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