CZ Enters the Meme Game

[Mr. Magkaisa]

There was a time it was like a year or two where Binance was hiring memecoin developers, is this Broccoli the product of those developers they hired?
Its not the supercycle that would happen but it could just be a signal to everyone who has influence in the market that they can launch their own memecoin too without encountering any problem in the future because its no violation to the law.

So many Broccoli in DEX Screener in less than a day. All scammers packs in the DEX.

     -       When there are so many broccoli meme coins coming out, it's best not to invest especially if you are not sure as an investor
in this field of the crypto industry.

Then I am not updated if this CZ has really made a meme in the crypto space, has he?
what are the rumors that he made a meme coin in this space that we are in now.

While the memecoin investors are trying to make money out of the hype that a popular personality tweeting about it, scammers are also taking it as an opportunity. I couldn't see it in a funny way but some times, its amusing to imagine when a memecoin investors finding out they got the fake one lol

When all these happens almost every week, I think they will all learn as well not to jump into a meme token projected by famous person. I think HawkTua girl started all these and then Trump also launched his own.

       -      Maybe all I can say is that this bull season, there will be many meme coins coming out in the coming months, and other crypto communities should be vigilant about the meme coins they buy.

Because when there are trending meme coins, there are also many that imitate the same name of a meme that is trending in the crypto space, which is why others are easily tempted to make the wrong choice because the names are similar. So just be careful.

[Z-tight]

Memecoin investors will jump on anything and try to hype it up, i know that sometimes a few people make money from it, but in the grand scheme of things it is a loss for the crypto industry. As a result of these memecoins, there are so many scams and rugpulls, but people do not even care, as long as they have a 1% to make some money.

[vegasus]

Memecoin investors will jump on anything and try to hype it up, i know that sometimes a few people make money from it, but in the grand scheme of things it is a loss for the crypto industry. As a result of these memecoins, there are so many scams and rugpulls, but people do not even care, as long as they have a 1% to make some money.

People who already understand the meme coins scheme, when there is something interesting or there is a trigger, especially if it is from a top public figure, then it is a very good opportunity to do it. Yes, these meme token investors will definitely take advantage of that moment to enter, join the hype, and then be able to take profits at the right time. and they do understand this scheme and system which then actually takes advantage of the momentum of the meme tokens hype as one way to take very high profits. However, there are some who become victims, especially newcomers who do not understand this scheme.

[bayu7adi]

Community asked to create it? Yes, we know that CZ can actually create it himself, but when it is thrown to the community, a new excitement will arise... at least there will be many memecoins born, and some people start to prepare to choose which token CZ will list in his next tweet... and after that there will be an extraordinary pump, because everyone's attention will be on the related coin... CZ will never be someone who is wrong because he did not release the memecoin... but he can still profit from his tweet in the next X...

I am sure, there will be many people who start to target memecoins related to CZ... and we will also see many people who lose but are not published..

[Z-tight]

However, there are some who become victims, especially newcomers who do not understand this scheme.

Take note that you cannot understand the scheme to the point of believing that you will be lucky all the time or most times. Even if you were lucky to ride on the hype and make some money once, next time you could be a victim of a rugpull and scam.

[Freemind]

To start, I think the first thing CZ should do is be very careful with what he does, especially considering that he spent four months in jail, and someone might find a game with a bitter ending.

As for the meme, well, it's another useless memecoin that undermines the credibility of the cryptocurrency industry and makes the rest of the world see us as scammers hiding behind a keyboard. We may soon find out how many millions of dollars hundreds or thousands of unsuspecting people have lost buying this garbage.

If people pursued knowledge before profit, we would live in an incredible world.

[Mia Chloe]

Hi everyone, 
Yesterday, CZ caused a stir in the crypto market by tweeting about his dog, Broccoli, and suggesting that the community could create a memecoin for it. 

https://x.com/cz_binance/status/1890071433214038103

A few hours later, I checked DEX Screener and saw thousands of tickers—haha! That’s definitely normal, right?

X can actually be quite a crazy place to be especially if you don't understand the crypto ecosystem properly. The platform has basically become more of a platform for hypes of all this meme coins and tokens. The truth is many newbies are easily blindfolded by hypes and that is the reason why you see most noobs in the crypto space lose a lot to meme coins.

The problem of hypes is something you need to first understand before taking most them to seriously because you will end up losing more if you are moved only by hypes.

[Freemind]

X can actually be quite a crazy place to be especially if you don't understand the crypto ecosystem properly. The platform has basically become more of a platform for hypes of all this meme coins and tokens. The truth is many newbies are easily blindfolded by hypes and that is the reason why you see most noobs in the crypto space lose a lot to meme coins.

The problem of hypes is something you need to first understand before taking most them to seriously because you will end up losing more if you are moved only by hypes.

I totally agree with you. Newbies are carried away by the images, comments and numbers they see on X/Twitter instead of trying to learn about cryptocurrencies from scratch, this is how they would really learn. But as always, humans are lazy by nature, and instead of researching forums and specialized websites, where they would find information verified by thousands of users, they prefer to “pay attention” to what they see on social networks, a mistake that in 99% of cases has a very high price, losing all investment in a very short time.

Sometimes I think that in the future we might see new generations of investors who seek knowledge rather than profits from the start, but a few minutes later I laugh at myself for thinking that.

[dwyane36]

I totally agree with you. Newbies are carried away by the images, comments and numbers they see on X/Twitter instead of trying to learn about cryptocurrencies from scratch, this is how they would really learn. But as always, humans are lazy by nature, and instead of researching forums and specialized websites, where they would find information verified by thousands of users, they prefer to “pay attention” to what they see on social networks, a mistake that in 99% of cases has a very high price, losing all investment in a very short time.

Sometimes I think that in the future we might see new generations of investors who seek knowledge rather than profits from the start, but a few minutes later I laugh at myself for thinking that.

Most newcomers, unfortunately for them, start their way into the crypto industry by following the path of least resistance. Obviously, beginners would rather follow the "advice" of an influencer on social media or create a meme on the Pumpfun site than take the time to study how blockchain, smart contracts, and the cryptocurrency market work.

[yhiaali3]

least resistance. Obviously, beginners would rather follow the "advice" of an influencer on social media or create a meme on the Pumpfun site than take the time to study how blockchain, smart contracts, and the cryptocurrency market work.

Unfortunately, this is sad, but it's a reality. A while ago, I found a book on Telegram called "The Best Way to Profit from Meme Coins Through Pump.Fun." It's a small book, but it teaches trading strategies, chart analysis on Pump.Fun, how to choose a valid meme coin for trading, and such.

Unfortunately, these people themselves probably don't know anything about blockchain, not even Solana itself and its blockchain, on which these worthless memes are created. They're only concerned with how to make a quick profit.

[dwyane36]

Unfortunately, this is sad, but it's a reality. A while ago, I found a book on Telegram called "The Best Way to Profit from Meme Coins Through Pump.Fun." It's a small book, but it teaches trading strategies, chart analysis on Pump.Fun, how to choose a valid meme coin for trading, and such.

Unfortunately, these people themselves probably don't know anything about blockchain, not even Solana itself and its blockchain, on which these worthless memes are created. They're only concerned with how to make a quick profit.

Sometimes, when reading posts by popular influencers on their Telegram channels, I get the impression that some of them have a poor understanding of blockchain and other related aspects. However, at the same time, these influencers can be quite effective in marketing and audience engagement.
The problem is that beginners often fall for such influencers, who write motivational but, at the same time, meaningless posts about quick earnings.
p.s.
Unfortunately, useful information is usually presented in a dull format that isn't interesting for beginners.

[Faisal2202]

A few hours later, I checked DEX Screener and saw thousands of tickers—haha! That’s definitely normal, right? 

Now that CZ is actively engaging in the meme space, could we see a supercycle? And does anyone know the correct ticker? Rumors are circulating that some exchanges might list it soon…

Hmm but I remember a post where he also said I am not launching a meme coin of my dog but it's just a photo, well, I think that's why he posted that tweet because people would be making meme coins of his dog broccoli, and just to clear things out he said I will not create a meme coin of my dog.

But to be honest, if he had, then he would be making some extra money and it will be fun too but I guess he is no more interested in this stuff or especially in meme coins. Whatever the reason of why he not made a meme coin, I think he did good but people won't stop hehe, they will make a meme coin but I doubt if that will be to list on Binance.