CZ Warns Investors After Golden Statue Memecoin Crashes 86% — Here Is Why He Said ‘Don’t Buy the Meme’

CZ, the CEO of Binance, has issued a warning to investors following a dramatic 86% crash in the value of a newly launched memecoin associated with a golden statue. He emphasized the importance of caution in the ever-volatile cryptocurrency market by urging potential buyers with a clear message: “Don’t buy the meme.” In his statement, CZ outlined several key reasons for this advice, highlighting the risks and unpredictability that often accompany speculative investments, particularly those linked to trending internet phenomena or meme culture. source: https://blocknews.com/cz-warns-investors-after-golden-statue-memecoin-crashes-86-here-is-why-he-said-dont-buy-the-meme/