US EditionCZ Burns $490K in Meme Coins, Warns He’ll Sell the Next Batch Sent to His Wallet
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
CZ Burns $490K in Meme Coins, Warns He’ll Sell the Next Batch Sent to His Wallet
Binance founder Changpeng Zhao (@cz_binance) has done it again. The crypto billionaire just burned $490,000 worth of meme coins sent to his donation wallet, wiping several community tokens from circulation in a single move. Among the burnt assets was $SHORT, a small-cap meme token whose team had sent CZ 99.9% of its total supply, a stunt that backfired spectacularly. Within minutes of the burn, the token’s market cap exploded, briefly touching $…
A recent purge of tokens by the founder of Binance Changpeng Zhao (CZ) has put the unwanted mecoins drops under the spotlight. Its public donation address has once again attracted developers in search of attention, and their deposits have been removed in a decisive movement announcing a firmer position. CZ article burns close to $500,000 in unwanted mecoins while unsolicited token shipments increase appeared first on Cointribune.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
