Svmuu News: After crypto blogger @TCryptochicks posted a series of “riddle” images, CZ retweeted them and replied, “Water (drop) your BNB wallet,” fueling market speculation around celebrity-themed meme coins.
As a result, several CZ-themed meme coins on the BSC chain saw short-term price surges. Among them, CZ (The Final Form Bull) saw its market cap briefly exceed $41 million, though it has since retreated to $29.82 million, with a 24-hour trading volume of $28 million and a 24-hour gain of 182 times.
Some investors are attempting to replicate the “Ansem effect” seen on the Solana chain, which involves driving speculation in meme coins with the same name or a homophone by leveraging topics related to well-known KOLs or celebrities. Svmuu reminds users that these tokens are highly volatile, and investors should be wary of high volatility and the risk of project teams disappearing.