Last night, there was an "interesting" incident in the cryptocurrency circle. CZ (founder of Binance) once again attracted the attention of the entire network, and this time, his "fake shot" made everyone feel his unique...humor. Just when everyone was expecting him to launch his own dog Meme coin at 00:00, CZ posted a tweet at 00:12, which turned out to be a story about his encounter with a dog - the dog's name was Broccoli. This scene made all the investors who were watching the night stunned for a moment, but they were also willing to accept this "empty joy" with tears in their eyes.
Many people thought CZ would launch the 'Golden Dog' Meme coin, and everyone rushed to buy BNB, hoping to purchase this 'Dog' coin at the first opportunity. However, CZ's goal is not simple. What he promotes is not a single Meme coin, but through a series of dramatic methods, he aims to drive more projects into the BSC ecosystem.
CZ's strategy: a hundred flowers bloom, competition coexists
In fact, CZ does not intend to personally issue a coin, but hopes to guide more projects to emerge on the BSC chain through this 'topicality'. The prosperity of the BSC ecosystem cannot be achieved by a single Meme coin, but by attracting more projects and allowing the market to freely choose quality projects. As CZ said, he hopes to promote the development of the BSC ecosystem through a 'hundred flowers bloom' strategy, allowing the competitive mechanism to naturally filter out quality projects.
Although this strategy may provide soil for fraudulent projects, the competition in the market will naturally eliminate those inferior projects, leaving behind those that are truly valuable. These projects will also attract more users and funds into the BSC ecosystem. While in the short term it may make some 'new investors' victims of the market again, in the long run, this ecological prosperity will drive more innovation and opportunities.
The myth of outrageous profits from 'Broccoli coin': the crazy side of the market
The launch of Broccoli coin further reflects the madness and speculative psychology of the market. According to monitoring data, an investor spent 1 BNB (about $707) to purchase Broccoli coin, and now this investment has surged to $7 million, with a return of up to 9900 times! This myth of outrageous profits makes one ponder: has the speculative bubble in the cryptocurrency world reached new heights?
Regardless, such 'get-rich-quick' stories are not replicable for everyone. The world of cryptocurrencies is filled with high risks and high returns. CZ cleverly capitalized on this, attracting market attention through his 'Dog Meme coin', while also reminding everyone: investment is a game, and competition and elimination are necessary paths for ecological prosperity.
CZ's market game
Overall, although CZ's recent operations made some people feel 'fooled', from another perspective, he skillfully utilized market psychology to further promote the prosperity of the BSC ecosystem. For investors, the wave of 'Dog Meme coin' is both a satirical market experiment and a profound reflection on competition and innovation.
For those who still hope to 'get rich quick', perhaps it should be remembered: there are no eternal winners in the market, only projects and participants who dare to stand out in competition.