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MainNewsWhale’s $2.5...

Whale’s $2.5M Meme Coin Bet: Big Win, Bigger Loss. CZ Dog Coins in Focus


by Lipika Deka
for CoinEdition
Meme Coin Gamble: Whale's $2.5M Bet - Boom & Bust
  • A whale invested $2.54M in two meme coins linked to CZ’s dog.
  • One coin gained $530.5K (+24.7%), while the other dropped $302.4K (-68.1%).
  • Binance CEO CZ addresses criticism on meme coin speculation.

A crypto whale just experienced mixed results after investing $2.54 million into two meme coins named after Binance former CEO Changpeng Zhao’s (CZ) dog, Broccoli. Turns out, it was a bit of a gamble. While one token surged, netting $530.5K in profit (+24.7%), the other tanked, suffering a $302.4K loss (-68.1%).

This investment spree happened as criticism of CZ’s stance on meme coins grows, sparking a lively debate within the BNB Chain community about meme projects’ role in crypto.

Community Backlash and CZ’s “Feedback Received”

Not long ago, a user accused CZ of playing a “guessing game” on Binance Smart Chain (BSC), arguing that meme coin trends on the chain were becoming “on-c…

The post Whale’s $2.5M Meme Coin Bet: Big Win, Bigger Loss. CZ Dog Coins in Focus appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsWhale’s $2.5...

Whale’s $2.5M Meme Coin Bet: Big Win, Bigger Loss. CZ Dog Coins in Focus


by Lipika Deka
for CoinEdition
Meme Coin Gamble: Whale's $2.5M Bet - Boom & Bust
  • A whale invested $2.54M in two meme coins linked to CZ’s dog.
  • One coin gained $530.5K (+24.7%), while the other dropped $302.4K (-68.1%).
  • Binance CEO CZ addresses criticism on meme coin speculation.

A crypto whale just experienced mixed results after investing $2.54 million into two meme coins named after Binance former CEO Changpeng Zhao’s (CZ) dog, Broccoli. Turns out, it was a bit of a gamble. While one token surged, netting $530.5K in profit (+24.7%), the other tanked, suffering a $302.4K loss (-68.1%).

This investment spree happened as criticism of CZ’s stance on meme coins grows, sparking a lively debate within the BNB Chain community about meme projects’ role in crypto.

Community Backlash and CZ’s “Feedback Received”

Not long ago, a user accused CZ of playing a “guessing game” on Binance Smart Chain (BSC), arguing that meme coin trends on the chain were becoming “on-c…

The post Whale’s $2.5M Meme Coin Bet: Big Win, Bigger Loss. CZ Dog Coins in Focus appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MASK Price Crashes 40% as Trump-Elon Musk Fallout Sours Retail Sentiment

MASK Price Crashes 40% as Trump-Elon Musk Fallout Sours Retail Sentiment

Mask Network (MASK) is one of the unlikely casualties of the very public and very per...
BNB Tests $700 Recovery Path After Finding Support Following Market Crash

BNB Tests $700 Recovery Path After Finding Support Following Market Crash

Binance Coin has mounted a modest recovery following Thursday’s brutal market selloff...