GuShiio.com Meme publisher became the biggest winner last night.
original| Daily Planet
author| How about husband
Yesterday, Binance founder CZ revealed on social media that he had a Belgian horse dog, which immediately triggered a heated discussion in the community. Netizens have transformed into “detectives”, looking for clues from previous tweets and reports to guess the dog’s name.
At the same time, meme coins related to CZ s Dog emerge endlessly on the chain, stimulating extensive betting and blind guessing activities, and the market value has repeatedly hit new highs. Chain enthusiasts who are betting on participating are all looking forward to CZ releasing the dog’s name and photo.
CZ was not unlucky and kindly issued a notice at 9 pm Beijing time on the 13th, and would send out the dog’s photo and name within 3 hours.
The closer the announcement comes, the more intense the speculation craze-the market value of CZ s Dog related meme coins continues to rise. At this time, a currency called CZ’s Dog (BROWNIE) was the first to emerge, and its market value once exceeded US$45 million, attracting the attention of a large number of speculators.
Smart money takes advantage of the opportunity to make profits. Onchain monitoring platform Onchain Lens shows that a trader spent 0.4 BNB (approximately US$106) to buy 25.43 million $BROWNIE, and sold some tokens for 88 BNB (approximately US$23,000). He still holds 24.45 million $BROWNIE, with a market value of US$2.13 million, and ultimately achieved a return of 8460 times.
Finally, CZ announced the dog’s name-Broccoli in a tweet. The originally suspenseful speculation bubble burst, and most of the names of various previous speculations returned to zero.
CZ explained that the dog’s name chose a word that starts with B, and the reason for choosing Broccoli was that its pronunciation was similar to “blockchain”, symbolizing the deep connection of cryptocurrencies.
Although this triggered a lot of discussions in the community, CZ also stated that it did not issue any meme coins and that it would be up to the community to decide whether to issue them. However, he said that he may interact with some popular Meme coins on the BNB Chain, and the BNB Foundation may reward popular Meme coins on the BNB chain, including LP support or other rewards. Specific details are still under discussion.
While announcing the dog’s name, CZ did not provide Broccoli’s contract address (CA), a move that sparked controversy again. Many community members or KOL left messages under CZ’s tweet, asking him to disclose the contract address. CZ asked in return, Isn’t meme just a community driver?
Regarding this, Sonic Labs founder Andre Cronje had warned when CZ previously released a notice: “If CZ wants to do this, he must publish the correct contract address to avoid letting scammers publish dozens or even hundreds of fraudulent contracts on the market, causing chaos in the community.”
Although disputes over contract locations continue, some speculators have taken advantage of the controversy to make quick profits. On-line data analyst Ember monitored that Broccoli (countless tokens with the same name) on BNB Chain, the coin contract address: 0x6d5… 714) The creator of the token quickly created the token through the four.meme platform after the CZ tweet was released, and immediately invested 1 BNB (approximately US$707) to purchase 115.4 million Broccoli tokens.
As CZ’s tweet triggered an influx of money, Broccoli’s market value soared to $400 million in just 24 minutes. In the end, the creator quickly sold 115 million Broccoli to FOMO retail investors through 12 transactions, earning 9,819 BNBs (approximately US$6.72 million) and converting these BNBs into ETH, USDT and USDC.
But after the issuer sold the token in his hand, the price of the coin dropped by 90% within half an hour, becoming a typical epitome of the countless Broccoli in the early morning.
In addition, the BNB chain project Bounce Brand changed its name online and changed the original MAL token to Broccoli, which also opened the eyes of netizens.
Currently, Binance Web3 Wallet has a separate column for CZ s Dog, which is full of tokens of the same name. Currently, it contains a total of 4 outstanding players, with a market value of up to US$1.99 billion. Its 24H increase looks very tempting.
The CZ s Dog guessing controversy has ended, the battle for the same name is underway, and it will be up to the community and CZ to decide who can become orthodox. However, the biggest profit-makers have already belonged, and the issuers of Meme coins have already been winners.
