Crypto Gloom

Binance’s Changpeng Zhao criticized the broccoli token craze

Binance Smart Chain Broccoli token craze

Cz’s posts triggered the waves of broccoli theme tokens. Binance Smart Chain (BSC). Many merchants rushed to buy this token and expected a quick profit. According to crypto analyst Defi Mochi, over -advertising ended with disasters and the pump and dump system caused millions of losses. Mochi also suggested that CZ will support certain broccoli tokens to support certain broccoli tokens and induce BNB chain volume.

Despite the refusal to participate, many merchants found the “official” broccoli. token. This confusion caused panic purchases and fast selling. Millions of dollars have disappeared as the price crashed during the pump and dump period.

Criticism of the encryption community

Broccoli token ruin has caused severe criticism of CZ. Retail investors and analysts have accused them of encouraging dangerous actions.

  • Rainable nightAnother encryption analyst compares CZ’s behavior with market manipulation through emotional triggers.
  • X user He warned that the situation could be compared to the FTX collapse by damaging the reputation of Binance.
  • Critics also pointed out that CZ promised to focus on his education project. Kick AcademyRather than market joke.

How the guess was acquired

Block chain investigator CWEMBASSY I analyzed how CZ’s posts caused it. They said that the CZ had influence and did not need to promote certain tokens. His tweets alone are enough to lead the market craze.

One merchant earned $ 28 million in hype. According to LookonchainThe investor purchased several broccoli memes directly after the CZ’s post. By spreading tokens to other wallets and selling them quickly, they secured tremendous profits.

The main case of broccoli token Saga:

event

influence

CZ posted a picture of his dog broccoli.

upsurge Bnb Trading volume

Flood of broccoli theme meme coins that started at BSC

Merchants rushed to invest

Pump and dump cycle has occurred

Millions of people have been lost due to market conflict.

Trader earned $ 28 million through a quick deal

Invirative characteristics of memes coins

CZ faced criticism of market manipulation

Concerns about Binance’s reputation

Nakjin and Lessons

Broccoli token enthusiasts emphasize the risk of meme coin guessing. It also raises questions about the impact of encryption leaders on market behavior. Some investors have benefited, but many have lost their savings. This event emphasizes the importance of attention and research in the volatile encryption market.

Finally, it illuminates the influence on the formation of market trends. As the encryption space grows, a clear guideline for market behavior can help protect daily investors from similar enthusiasm.