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A meme coin frenzy has erupted round “Broccoli” meme cash after former Binance CEO Changpeng Zhao, aka CZ, revealed his canine’s identify in a publish on X.
Standard meme coin platforms similar to Pump.enjoyable and BNB Good Chain’s 4.Meme have seen an inflow of latest tokens named after Zhao’s Belgian Malinois canine.
CZ Says He Is Not Launching His Personal Meme Coin
Whereas CZ gave the impression to be considering launching his personal meme coin, he mentioned within the Feb. 13 X publish that he determined to not proceed. “I’m NOT issuing a meme coin myself,” he mentioned.
He added that it’s as much as the group whether or not they need to launch a token impressed by Broccoli or not.
Broccoli’s Story
A yr and a half in the past, I casually chatted with a pal who owned a (actual) zoo in Dubai. Curious, I requested what canine breed is tailored to the Dubai summer time warmth. I had no plans to get a canine.
Later that night, my doorbell rang, and a younger Belgian Malinois confirmed… pic.twitter.com/vSLiHiS4fC
— CZ 🔶 BNB (@cz_binance) February 13, 2025
Builders pounced on the chance to launch a token named after the previous Binance government’s canine. Round 480 Broccoli-themed meme cash have been launched on the Solana meme coin launchpad Pump.enjoyable, whereas builders deployed not less than 300 comparable cash on 4.Meme.
PancakeSwap Buying and selling Quantity Surges Throughout Broccoli Meme Coin Frenzy
The Binance Good Chain-based decentralized change PancakeSwap recorded over $3 billion in buying and selling quantity over the past 24 hours. This allowed the change to outperform its friends Uniswap, Raydium, Meteora and Orca when it comes to 24-hour buying and selling exercise.
Whales additionally swooped in to attempt to capitalize on the hype round Broccoli meme cash.
In response to the on-chain analytics platform Lookonchain, one whale spent a complete of seven,431 BNB, valued at $5 million on the time, to buy 39.54 million $Broccolli at $0.1264. This makes the whale the biggest holder of the meme coin.
This whale made an enormous wager on $Broccoli(0x6d5…714).
He spent a complete of seven,431 $BNB($5M) to purchase 39.54M $Broccoli at $0.1264, turning into the biggest holder of $Broccoli.https://t.co/ses30ZL0wV pic.twitter.com/p3UsJlSdFb
— Lookonchain (@lookonchain) February 14, 2025
That buy was after the identical whale executed buys for 2 different meme cash named after CZ’s canine. The one place had an unrealized acquire of $530.5K, whereas the opposite stood at an unrealized lack of $302.4K on the time Lookonchain posted.
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