Basri Caneri 
Changpeng Zhao (CZ), the founder and former CEO of Binance, announced on social media platform X that he will share a photo of his dog at 19:00 Turkish time. CZ’s announcement has fueled speculation that it could lead to a new wave of memecoins in the crypto market.
Memecoin Hunters Await CZ’s Announcement
Recently, CZ responded to a user’s question “Do you have a dog?” and stated that he had a dog but not a Shiba Inu. This statement led to predictions among investors that a new wave of meme coins could be launched over the dog’s name.
In his latest post today, CZ announced that he will share a photo of his dog in three hours. “I will share the photo of the dog in 3 hours, around 20:00 Dubai time,” CZ said in his statement, thus attracting the attention of memecoin investors once again.
New MemeCoins May Come on BNB Chain
Many in the crypto community are speculating that new memecoin projects could quickly emerge on BNB Chain following the announcement of CZ’s dog’s name. Previously, when Elon Musk’s dog Floki’s name was revealed, popular tokens such as Floki Inu (FLOKI) were created and experienced serious market movements.
However, it should be kept in mind that such memecoin crazes carry high risks. Such projects, which can offer great earning opportunities, force investors to be careful due to the risks of rug pull (sudden collapse and fraud).
While it is expected that there will be serious movement in the memecoin market after CZ’s sharing, investors should follow the developments closely.
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