CZ Responds to New Book Manuscript Being 'Promoted for Free,' Related Meme Coin Freedom of Money's Market Cap Briefly Surges to $8 Million

BlockBeats News, February 28. According to GMGN monitoring, on the BSC chain, the Meme coin Freedom of Money surged over 5000% in 1 hour, reaching a peak market value of $8 million, and currently retraced to $5.5 million, with a 24-hour trading volume of $8.8 million.

It is reported that this surge was triggered by CZ responding to The New York Times using "Freedom of Money" as the title of a free publicity for his new book draft, revealing the upcoming publication news. It is worth noting that CZ later responded to a user asking if the Chinese title of the new book is still "Binance Story." CZ said, "That is the current plan, but we reserve the right to change."

BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and speculative hype, with no real value or use case. Investors should be aware of the risks.