CZ Reveals BNB Holdings, BROCCOLI Meme Coin Spikes
In Binance co-founder Changpeng “CZ” Zhao revealed his personal portfolio Broccoli, a meme coin built by BNB, soared nearly 33%.
Despite the soaring asset, BNB’s own Altcoin has actually dropped. This may be because the large holdings of CZ are common sense.
CZ reveals a large number of BNB holdings
Changpeng “CZ” Zhao, Former CEO and Co-founder of Binanceis using his portfolio holdings to have an impact on the market. recent, He led to a meme coin rally In claiming that he has little experience in DEX trading, Causes a large number of broccoli tokens When he reveals his dog’s name.
But today, CZ show His wallet collection is over 98% in BNB.
This has had some strange impact on the market. Zhao accounts for 1.32% in BTC and Euri holds 0.17% Stablecoin He got it from using a Binance card, and got 0.03% in USDT.
Even if CZ’s personal shares overwhelmingly include an asset, BNB’s price has not actually risen. On the contrary; it has actually been rejected since his position went online.
At first glance, this doesn’t make much sense. CZ’s public statements have previously bullish effects on BNB prices, including A reliable example earlier this month.
However, the token is Currently under bearish market pressurehis comments cannot be reversed. More importantly, CZ is known to maintain important holdings:
The researchers spent months trying to accurately determine how many BNB Zhao actually has. It is 64% of the entire supply, with a nominal value of $56 billion,” Forbes Report Last June.
In other words, the community already knows that CZ has many BNB tokens. The only revelation is that he maintained these holdings without a significant investment in any other cryptocurrency.
But a BNB project actually benefits from the buzz of social media. Broccoli is a meme coin named after CZ’s dog, and has now risen to nearly 33%.
Broccoli is just a lot Meme Coin Named after dogs, several of them are highly competitive. Previously, CZ claim He “may be interacting with some of the more popular (brocco-based) meme coins on the BNB chain,” the project complies with the bill.
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