Musk has been stirring things up again recently, betting $40 million on the MUSK coin associated with DOGE, which has caused a stir in the crypto world. Coupled with BNBChain's newly launched $4.4 million liquidity plan, I need to share some solid insights.
The most important thing is the MUSK coin. Musk is excellent at playing the informant; just after he said 'don't touch meme coins', guess what happened? SpaceX was exposed for secretly hoarding 20 million DOGE, playing a 'short-sell and long-buy' harvesting script perfectly.

The MUSK coin, which has Musk in its name, naturally comes with a traffic buff, and with the grassroots support of the DOGE ecosystem, it's hard for this coin not to become popular. But I must remind everyone that Musk's strategy of 'creating panic - buying low - pushing up and selling' with DOGE has become quite proficient; last time when Tesla enabled DOGE payments in Europe, it directly raised the price by 30%, and retail investors were played like fools again.
Now let's look at BNBChain's liquidity plan.
CZ has invested $4.4 million into supporting liquidity for Meme coins, with daily/weekly competitions for cash rewards, causing projects like Broccoli and TST to take off. But brothers, don’t just watch the excitement; the homogenization of Meme coins on the BSC chain is severe, and it would be a miracle if the hype around something like Banana lasts a week.
Moreover, BNB's price has recently fallen by 3%, indicating that the market doesn't buy it at all; the liquidity plan seems more like a 'consolation prize' for the project parties.
When looking at these two events together, it can indeed stimulate the prices of DOGE and MUSK in the short term, after all, a casual meme from Musk can cause DOGE to fluctuate by 10%.
But the long-term risks are huge; the top ten addresses of the MUSK coin control over 40%, similar to DOGE, and it could be dumped at any time.
Although BNBChain has upgraded its technology to prevent attacks, its history of insider trading remains; if this plan leads to another 'Cauliflower Chaos', it would truly be a joke.
As a top analyst, I have to say the MUSK coin is just a pure speculation target; I advise retail investors not to get involved.
The crypto world has both opportunities and risks; staying vigilant and finding the right timing is key. I have also discovered a project with huge short-term surge potential! If you want to keep up, follow my profile for free sharing!
