Changpeng Zhao (CZ), the former CEO of Binance, recently shared a picture of his dog named Brooklyn, sparking a new wave of meme coins called ‘BROCCOLI’. Within hours, several tokens with this name were introduced on decentralized exchanges, attracting many traders to invest in this new trend. Zhao emphasized that he has no affiliation with these tokens and simply shared a picture of his dog. However, this event showed how social media can turn ordinary events into a significant phenomenon in the crypto world. The launch of these meme coins inspired by Zhao’s dog led to a surge in trading activities, with some BROCCOLI tokens experiencing considerable price growth. Zhao commented on the matter, expressing surprise at Brooklyn becoming part of the blockchain ecosystem. He mentioned potential interactions with successful projects related to Brooklyn on the Binance chain. Notably, Zhao had previously criticized the proliferation of meme coins, advocating for real blockchain use cases instead. Nevertheless, his recent involvement with TST and BROCCOLI tokens indicates a shift in his perspective. While some BROCCOLI tokens saw substantial price growth, one of them briefly reached a staggering market value of $14 billion before correcting. This event is reminiscent of the sudden increase in the TST token’s value, which surged over 2,000% on Platform X after Zhao’s mention. Although Zhao is only observing this trend, it could benefit the Binance ecosystem. On the real-time digital currency price page, you can monitor the prices of all tokens and cryptocurrencies live and instantaneously.
