CZ directly criticizes Meme coins, this wave of actions has really stirred up a storm!
CZ has recently expressed significant dissatisfaction with Meme coins, stating that they have gone off track and that the speculation has gone too far. Once he said this, the online response was lively, with most people applauding and agreeing that CZ was right. However, those holding Meme coins became anxious, fearing that CZ’s criticism would drive down the price of Meme coins.
In the cryptocurrency world, a single word from a celebrity can send prices soaring or crashing. For example, when Musk mentions Dogecoin, that coin skyrockets as if it has been injected with adrenaline. As long as a coin is associated with a celebrity, its price can change as quickly as the celebrity's mood.
After the turmoil, many coins are eagerly waiting for CZ to give a thumbs up or say a few good words to boost their prices. But CZ is currently being smart and not taking sides, and his statements are well thought out. This time, he even publicly criticized Meme coins, making their fans very nervous.
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