He earned 30 million dollars but only took out one-tenth. It's really a dog.

4.4 million dollars to save the market! Can CZ turn the tide?

Crypto leader CZ is making big moves again, causing quite a stir this time. At the BNB Chain Space event, CZ appeared serious and deeply bowed to all investors in apology. He directly addressed the 'Cauliflower Incident,' admitting that he mishandled the situation terribly and solemnly promised to provide reasonable compensation to the retail investors who suffered losses.

The incident began when CZ eagerly previewed that he would announce the name of his beloved dog, which left everyone looking forward to it. However, he failed to disclose it on time, creating a huge space for speculation in the market. Suddenly, a plethora of meme coins related to the dog's name emerged. Little did anyone expect that the issuing teams and those sharp-eyed 'scientists' had learned the news in advance and strategically positioned themselves before the retail investors. The unfortunate retail investors lagged behind in information, blindly followed the trend to invest, and ended up losing their capital, naturally feeling furious as dissatisfaction engulfed the whole market.

When apologizing, CZ helplessly stated, “The issuance of the Broccoli token was originally intended to boost the BNB Chain's popularity and attract more attention. But I indeed underestimated the complexity of meme coin issuance and community operation, leading to significant operational issues that caused harm to the retail investors, and I feel particularly guilty about it.”

However, CZ also brought good news. He revealed that the existing performance issues of the BNB Chain are being optimized by the team, and they will gradually resolve them. Additionally, a carefully prepared liquidity incentive plan for meme coins is being diligently formulated, with detailed information expected to be made public within 24 hours.

Just as everyone was eagerly awaiting, BNB Chain officially announced: they will spend 4.4 million dollars to strongly support outstanding meme coins, providing them with crucial liquidity support. This plan will officially commence on February 18, and eligible meme coins can continuously receive BNB liquidity injections through daily and weekly reward mechanisms. Moreover, this injected liquidity will remain in the funding pool, providing the market with a 'long-acting peace of mind pill' to assist in the long-term stable development of the market. This series of initiatives has ignited hope in many hearts; perhaps the spring of meme coins is truly coming, and retail investors seem to see the dawn of a turnaround.