CZ Responds to Riddle Meme, Multiple 'CZ' Concept MEME Coins on BSC Chain Skyrocket in Response

BlockBeats News, July 5th. Cryptocurrency blogger @TCryptochicks posted a "Riddle" series of images, and Binance founder CZ subsequently retweeted and replied, "Water (drop) your BNB wallet," reigniting market hype around the celebrity MEME coin sentiment.

Driven by this, several MEME coins riding the wave of "CZ" popularity emerged on the BSC chain, seeing a sharp increase in a short period. Among them:

· CZ (The Final Form Bull) briefly exceeded a $41 million market cap, now retraced to $29.82 million, with a 24-hour trading volume of $28 million and a 24-hour increase of 182x;

· CZ (The Bull) briefly exceeded an $11 million market cap, now retraced to $3.88 million, with a 24-hour trading volume of $6.1 million and a 24-hour increase of 24x.

The market interpreted this as some funds attempting to replicate the previous "Ansem Effect" on the Solana chain, where a well-known KOL/celebrity-related topic triggered a speculative frenzy in a MEME coin with a similar or pun-related name.

Previously, CZ had also indirectly influenced BSC MEME coin trends through social media interactions (such as the beloved dog "Broccoli," the number "4" meme, the book title "CZ's Binance Life," etc.). However, CZ himself has clarified multiple times that "tweets do not constitute endorsements," and related tokens have previously experienced rapid retracements after significant surges. Investors need to be cautious of high volatility and rug pull risks.