BNB Memecoins Plummet After CZ Denies Endorsement

Summary

BNB-based memecoins experienced a sharp plunge in value, with some dropping between 60% and 95% over a few hours, after Binance founder Changpeng “CZ” Zhao clarified that his tweets should not be interpreted as endorsements or trading signals. Zhao’s clarification came amid a frenzy where over 100,000 traders had speculated ... The post BNB Memecoins Plummet After CZ Denies Endorsement appeared first on Unchained.