CZ Reveals Dog’s Name, Igniting Memecoin Creation on BNB Chain

CZ Sparks Memecoin Frenzy

Changpeng Zhao, founder of Binance, revealed his dog’s name and picture, leading to a surge in memecoins. Key points include:

He confirmed having a Belgian Malinois and teased the community about sharing his dog's name.
Speculation grew around an official memecoin as tokens related to his dog emerged.
Tokens named BROWNIE and PERRY surged significantly, with one investor earning over $1 million from a $12,000 investment.

Four.Meme Kicks-Off Token Event

BNB Chain's Four.Meme launched a competition for tokens based on CZ's dog's name. Highlights include:

Tokens created before 4:00 PM UTC were eligible for a contest to become the next big meme.
The winning token will have its LP revenue regularly burned by Four.Meme.
CZ revealed his dog's name is Broccoli, chosen for its association with the letter "B."

Broccoli Immortalized In The Blockchain

CZ clarified he was not launching a memecoin himself. Details are still being discussed regarding potential rewards for top memes. After revealing Broccoli's name:

Tokens guessing Broccoli's name saw a drastic drop in market cap.
New tokens inspired by Broccoli flooded the market, including BROCCOLI, which reached a $300 million market cap shortly after its creation.