The crypto community is buzzing after Donald Trump officially pardoned Binance founder Changpeng “CZ” Zhao, marking what many see as the end of the U.S. government’s “war on crypto.”
The pardon quickly reignited excitement across the BNB Chain, where a fresh wave of Binance-themed meme coins has started to appear. Traders are calling it a “mini meme-season repeat,” similar to the frenzy seen earlier this year.
BNB’s native token reacted instantly, climbing about 5% within hours of the announcement. Meanwhile, dozens of new meme coins referencing CZ, Binance, and even Trump flooded the market. Some of these tokens including Maxi Doge, a self-proclaimed “alpha pup” of the new wave saw triple-digit gains in just a few hours before cooling off.
On-chain data shows that over 100,000 new wallets interacted with BNB-based meme coins following the pardon, as traders rushed to capture early gains. However, many of these tokens are highly speculative and have already seen steep pullbacks of 50–90% after initial spikes.
Analysts say the hype could continue in the short term if Binance reclaims market confidence and new meme projects keep attracting traders. Still, the broader view remains cautious meme coin rallies are historically short-lived, and most of these tokens lack any real use case.
In short, the CZ pardon has reignited energy in Binance’s corner of the market, with meme coins like Maxi Doge leading the early charge. But investors are being warned: while the frenzy might bring quick wins, it could just as easily end in sharp reversals once the excitement fades.
