GMGN market data showed sharp one-hour gains in two meme tokens, with CZ rising 330.5% and TCC up 121.2%. Their reported market capitalizations stood at $34.71 million and $8.31 million, respectively. In an earlier update cited by Foresight News, on-chain tracker Ai Yi said that 700 million CZ and 400 million TCC were sent from Changpeng Zhao’s donation address to a burn address five minutes earlier. Foresight News also warned that meme coin trading can be highly volatile and said such tokens have no practical value or use case, urging investors to pay attention to the risks.
GMGN market data showed that CZ had a market capitalization of $34.71 million, with a 330.5% gain over the past hour. TCC was reported at a market capitalization of $8.31 million, up 121.2% in the same period.
In an earlier update cited by Foresight News, Ai Yi’s monitoring said Changpeng Zhao’s donation address sent 700 million CZ and 400 million TCC to a burn address five minutes earlier.
Foresight News warned that meme coin trading is highly volatile and said these tokens have no practical value or use case, urging investors to pay attention to the risks.
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