Data: He Yi retweeted CZ's new book, causing the price of the eponymous Meme coin to rise, with the market value of Freedom of Money briefly surging to 12 million USD before falling back
According to GMGN monitoring, early this morning, Binance co-CEO He Yi retweeted CZ's early tweet about the release of his English version of the new book on the X platform (the original tweet was published on May 2). The main content of the tweet includes: book introduction, Chinese and English audiobooks, and the proceeds will be used for charity.
The meme coin named Freedom of Money on the BSC chain saw a brief surge in market capitalization, reaching a high of 12 million USD, but has now fallen back to 9.4 million USD, with a 24-hour increase still holding at 25.6%. During the same period, the on-chain trading volume reached 2.6 million USD.
ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and hype, and has no actual value or use case; investors should be aware of the risks.
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