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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

DOGE Quo Vadis: ETF Nears and Whales Trade Aggressively

DOGE Quo Vadis: ETF Nears and Whales Trade Aggressively

Dogecoin is entering a decisive phase as the possibility of launching the first ETF f...
Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Richard Teng, CEO of Binance, is expected to visit South Korea next week, where he’ll...

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

DOGE Quo Vadis: ETF Nears and Whales Trade Aggressively

DOGE Quo Vadis: ETF Nears and Whales Trade Aggressively

Dogecoin is entering a decisive phase as the possibility of launching the first ETF f...
Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Richard Teng, CEO of Binance, is expected to visit South Korea next week, where he’ll...