CZ “Surfing Accident” Hoax Sparks Meme Coin Frenzy Across Solana And BNB Chain
Changpeng Zhao (CZ) denied a viral rumor that claimed he went lacking in a Dubai browsing accident on Sunday. The fabricated story unfold first by Chinese-language WeChat teams.
In his pushback, the Binance founder famous Dubai shouldn’t be a browsing vacation spot however opportunistic merchants had already spun up tiny meme cash on Solana and BNB Chain.
Hoax Triggers Wave Of Low-Cap Meme Coin Launches
The fabricated put up claimed CZ had been swept out to sea close to Jumeirah seaside as rescue groups searched.
“According to eyewitnesses and safety personnel on the scene, the ocean appeared calm on the time, however the rip present was extraordinarily sturdy. Zhao was reportedly swept out to sea with out warning and disappeared from sight inside moments. Local coastal guards and maritime rescue groups shortly deployed speedboats, drones, and rescue helicopters to conduct a large-scale search operation,” the put up claimed.
Within hours, merchants deployed knockoff tokens on pump.enjoyable and the BNB Chain meme launchpad, most carrying SEAZ and RIPCZ tickers.
GeckoTerminal information reveals a number of SEAZ swimming pools on Solana priced beneath one-thousandth of a cent. Market caps ranged from roughly $2,400 to $4,600 with liquidity underneath $6,000.
The BNB Chain model on PancakeSwap V2 traded close to $8,300 in market cap on $9,500 of liquidity. One Solana SEAZ pool printed about $114,000 in quantity on simply $5,683 of liquidity.
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The setup recollects previous Solana meme coin rugs. Most tokens dropped 10% to 40% inside hours of launch.
CZ Pushes Back On The Rumor Cycle
CZ addressed the hoax, noting that he kite surfs relatively than surfs and invited followers to strive Surf Abu Dhabi collectively.
The Binance founder has criticized meme coin traders earlier than for chasing tokens tied to his title.
“I’m not towards memes, however meme cash are getting “a bit of” bizarre now,” he noted.
The incident mirrors previous Binance fake news incidents, together with an Interpol pink discover rumor that briefly hit BNB.
This sample additionally recollects earlier CZ-linked meme frenzy incidents, when merchants piled into skinny tokens earlier than momentum collapsed.
The put up CZ “Surfing Accident” Hoax Sparks Meme Coin Frenzy Across Solana And BNB Chain appeared first on BeInCrypto.
