Citing AiCoin, on December 23 at 16:00 UTC+8, BNB Chain's official account posted a tweet featuring CZ's image, triggering the emergence of multiple Meme coins on the BSC chain. The earliest issued token briefly surged to a market cap of $200,000, with 22 whale addresses and 314 wallets using MEV bundling for bulk trading. The tweet was later deleted, and the Meme coin's market cap plummeted to $13,000. BlockBeats warns that Meme coin trading is highly volatile and investors should be cautious.
BNB Chain's Tweet Sparks Meme Coin Surge and Sharp Decline
AiCoinShare
Summary
On-chain data shows BNB Chain's official tweet on December 23 at 16:00 UTC+8 triggered a surge in Meme coin activity on the BSC chain. The first token reached a $200,000 market cap, with 22 whale addresses and 314 wallets using MEV bundling. On-chain analysis reveals the tweet was later deleted, causing the market cap to drop to $13,000. BlockBeats warns of Meme coin volatility and urges caution.
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