As far as I know, CZ stands for Chanpeng Zhao, he is the founder of the famous cryptocurrency market, Binance. I once read that CZ was imprisoned on complex charges about the Binance market and this was a punishment that was a warning from the authorities.
With CZ's release, I am sure Binance will have a positive effect on all coins, maybe from various events there will be something new that makes the coin turn green and increase in price.
Especially maybe the BNB coin created by CZ, I am sure BNB might go up 1x from its current price, this is just my opinion.