CZ stated that the Meme coin "4" was taken over by the community after being sold by a Hacker, with the coin price rising over 500% in a short time.

BlockBeats news, on October 1, CZ posted on social media regarding the hacking incident of the official BNB Chain X account, stating: "After the hacker sold all his Meme Tokens for a profit of $4,000, the community took over and continued to raise the coin price as a mockery of the hacker." After CZ released this message, the Meme coin "4" rose over 500%, with a market capitalization currently reported at $17.24 million and a cumulative trading volume reaching $18.4 million. It is reported that earlier today, the official BNB Chain X account was hacked, and the hacker used the account to promote Meme coins and sell for profit. BlockBeats note: Meme coin trading fluctuates greatly, heavily relying on market sentiment and speculative hype, lacking actual value or use cases, and investors should be cautious of risks.