CZ Teases Meme Coin Buying Spree Amid Market Weakness
Binance co-founder CZ sparked interest in the meme coin market after hinting at buying more tokens. In an update on Giggle Academy, a free online education platform for children, CZ clarified that donated tokens are converted to BNB at month's end and stressed he doesn't control the wallet.
CZ addressed concerns from donors expecting token burns instead of sales, stating he supports all meme coins and may buy or sell some soon. However, the market remains weak, with DOGE and SHIB reaching a three-year market cap low.