The post What Is The BROCCOLI Memecoin: How It Affected BNB appeared on BitcoinEthereumNews.com.

Less than a month after the hype and crypto market volatility caused by the launch of the TRUMP and MELANIA tokens, the community is facing a new wave of “memecoin mania”.  Ex-head of cryptocurrency exchange Binance Chanpeng Zhao (CZ) caught the attention of the community and significantly raised activity on the BNB Chain network with the memecoin BROCCOLI. The Story Behind The Emergence of BROCCOLI And What CZ’s Dog Has To Do With It On February 12, 2025, Changpeng Zhao published a post on X in which he asked the audience several questions about the launch and trading of memecoins.  CZ then responded that he understood how it worked and would even consider interacting with some memecoins on the BNB Chain network. On Feb. 13, Zhao announced that he would soon share a photo of his dog, thus spurring a number of memecoins with tickers like CZDOG on Base, BNB Chain and Solana. Some of them even managed to reach a market capitalization of several million dollars at the peak. Tokens with the tickers CZDOG. Souurce: DexScreener Three hours after the announcement, CZ revealed the name of his dog, Broccoli, and also told its story. In the post, he emphasized that he is not going to launch the memecoin on his own, but is ready to interact with some tokens in the BNB Chain network. In addition, he noted that the BNB Foundation can provide support to the creators of the most popular projects, although he did not specify what kind of measures we are talking about. This publication actually became the starting signal for the meme community, triggering a real memecoin boom. Dozens of contracts with BROCOLI tickers appeared in different networks (mainly BNB Chain), and traders started speculating on the new tokens. And unlike TRUMP, there was no “official” or “correct” token – each of the…

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Filed under: News - @ March 20, 2025 11:24 pm