Crypto Tycoon CZ Unfollows Musk, Directly Says 'Don't Be a Suck-Up' Sparks Heated Debate🔥🔥🔥
Crypto giant Zhao Changpeng (CZ) recently unfollowed Musk and called out on social media, 'Don't be a suck-up!'. This move quickly sparked heated discussions, with netizens jokingly referring to it as a 'breakup drama' between the crypto and tech circles.
Background of the event:
Since Musk took over Twitter, he has frequently made statements, from promoting Dogecoin to proposing various plans, continuously causing market fluctuations. As a leading figure in the crypto space, CZ clearly harbors dissatisfaction with this kind of 'speech-driven market' uncertainty.
• Significant price fluctuations: Musk's tweets often trigger abnormal price movements, for example, his multiple posts supporting Dogecoin have also been criticized for using retail investors to inflate market value, ultimately causing losses for many investors.
• CZ's counterattack: CZ's 'Don't be a suck-up' declaration has been interpreted as a statement against the chaos in the crypto space, while also voicing for retail investors.
Why has the relationship between the two tycoons changed?
1. Musk's market intervention behavior:
• Musk's tweets have a huge impact on the crypto space, especially on meme coins, and this behavior is seen as bringing extreme uncertainty.
• For long-term investors and exchanges, this volatility undoubtedly poses a risk.
2. Value differences between crypto and tech circles:
• As the founder of Binance, CZ is more focused on the stable development of the crypto ecosystem, while Musk's actions seem more like short-term speculation.
• This 'unfollow' may indicate CZ's dissatisfaction with such behavior.
Investor insights
This incident is not only gossip in the crypto space but also serves as a warning to investors:
• Beware of short-term speculation: Although Musk's tweets create opportunities, they also hide great risks.
• Choose long-term value projects: CZ's actions indicate that crypto giants value stability and actual worth more.
• Potential coin observation: Recently, the 'Marvin' mentioned in Musk's tweets has also attracted attention. As a rising star in the meme coin space, whether it can become the next dark horse remains to be seen.
What do you think about Marvin?
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