CZ Clarifies After Burning Meme Coin, Related Token Initially Surges But Later Plunges, CZ Down Over 27%

BlockBeats News, July 13th, according to GMGN market data, CZ clarified that the meme coin burned last night was only to clean the wallet. As a result, the related token experienced a rise and fall. At the time of writing, CZ has dropped over 27% in the past hour, with a market cap of $16.41 million, approaching the coin's price before the burn.

Source: BlockBeats

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