Huo Xing Cai Jing reports that on July 30, CZ posted that he “supports all meme coins and may buy or sell one or two meme coins in the coming weeks to test something new.” Now ten days have passed, and no buying or selling activity has occurred. Meanwhile, several BSC ecosystem meme coins have seen significant synchronized price increases over the past week, with market enthusiasm seemingly focused on meme coins previously interacted with or purchased by CZ. According to GMGN market data, MUBARAK rose 70.9% in the last 24 hours and 120.7% over the past week; TST increased 13% in the last 24 hours and 71% over the past week; BROCCOLI gained 15% in the last 24 hours and 51.5% over the past week.
CZ's meme coin announcement has passed 10 days without action, and multiple meme coins have seen sharp rises.
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Summary
Binance CEO CZ’s meme coin plan has passed 10 days without any price movement. The July 30 announcement suggested potential trades to test new ideas, but as of August 10, no transactions have taken place. Meanwhile, value investing in crypto has gained attention, as BSC-based meme coins like MUBARAK (+120.7% in a week), TST (+71%), and BROCCOLI (+51.5%) experienced sharp price increases.
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