USD 4.4 million to stabilize the market! Can CZ turn the tide?

The big shot in the currency circle, CZ, has made another big move, this time causing a huge stir. At the BNB Chain Space event, CZ looked serious and bowed deeply to all investors. He faced the 'cauliflower incident' head-on, admitting that he had handled it terribly and solemnly promised to provide reasonable compensation to the retail investors who suffered losses.

The cause of the matter is this. Previously, CZ enthusiastically announced that he would publicly reveal the name of his beloved dog, and everyone was full of anticipation. However, he failed to announce it on time, which gave the market a huge space for imagination. For a while, a large number of meme coins related to the dog's name crazily emerged. Who could have imagined that the coin issuance teams and those sharp-sensed 'scientists' had learned the news in advance, and rushed to lay out ahead of the retail investors. Unfortunately, the retail investors lagged behind in information, blindly followed the trend, and ended up losing everything. Naturally, they were furious, and the entire market was shrouded in dissatisfaction.

CZ said helplessly when apologizing: "The issuance of Broccoli tokens was originally intended to attract more attention to BNB Chain and attract more people. However, I did underestimate the complexity of issuing meme coins and community operations, made major mistakes in operation, causing retail investors to suffer. I feel particularly sorry about it."

However, CZ also brought good news. He revealed that the performance issues of BNB Chain currently existing have been optimized by the team and will be gradually resolved. At the same time, a carefully prepared meme coin liquidity incentive plan is being actively formulated, and detailed content is expected to be made public within 24 hours.

Just when everyone was eagerly anticipating, BNB Chain officially announced: it will generously invest 4.4 million U.S. dollars to vigorously support outstanding meme coins, providing them with crucial liquidity support. The plan will officially start on February 18th. Eligible meme coins can continue to receive BNB liquidity injections through daily and weekly reward mechanisms. Moreover, this injected liquidity will stay in the pool, serving as a 'long-term stabilizer' for the market, aiding in its long-term stable development. These series of actions have sparked hope in many people's hearts, and the spring of meme coins may indeed be coming. Retail investors also seem to have seen the dawn of a turnaround against the wind.