Crypto currency markets tried to recover after last week’s decline, while the weekend Memecoin category took place significant developments. In different chains, the release of new tokens drew attention. In particular, shares on BNB Chain and Binance supported this mobility. In addition, the Central African Republic announced a Memecoin called CAR in line with the national development target.
New Token Mobility on Bnb Chain and Binance
With the release of BNB Chain -based TST Token, the crypto currency community experienced great excitement. The rapid rise of TST started with a training video prepared by the community. Token, which has increased significantly in a short period of time, became even more popular with the comments of Binance founder Changpeng Zhao.
Changpeng Zhao, social media account in a statement expressed his views on Memecoin culture. Following these statements, TST Token started to be listed on the Binance platform. With the listing in Binance, the liquidity and access of TST Token rapidly expanded. This development contains new opportunities and risks for investors.
David Portnoy and Car Memecoin Developments
David Portnoy, the founder of Barstool Sports, entered the Memecoin market with a token “Montoya Por Favor .. The first token’s market value reached $ 14 million in a short time. However, this sudden rise resulted in a harsh decline within a few hours. Portnoy said that he had opened a door to a new token project by warning investors against risks.
On the other hand, Car Memecoin, announced by the Central African Republic, is aimed at supporting national development. Car Token’s market value reached a quarter of the country’s gross domestic product (GDP). However, various speculations about this Token’s official connections and reality came up. Although Solana -based Jupiter confirms the distribution of Token, users are skeptical about whether Car Token is supported by the state.
After the token’s short -term rise, sudden decreases pushes investors to be more careful about risk management. It is of great importance for investors who follow these rapid changes.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
