After Binance founder CZ posted a picture of his pet Dog, the crypto nerds went crazy on it as expected and launched hundreds of memecoins with the name Broccoli. One of these memecoin spiked to a market cap of $400 million within a hour of launch.
As per DEXScreener data, the Broccoli memecoin is currently trading at $0.1768 and it surged to the high of $0.42 within the first hour of launch. It now has a market cap of $176 million. In response to the Broccoli memecoin launch, CZ outlined his views via a now deleted post on X, emphasizing that he does not support or intend to promote any memecoins.
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