On October 3, CZ addressed claims of meme coin manipulation on BNB Chain, stating that the activity was driven by the community rather than a coordinated effort. Market data supports his assertions, indicating decentralized retail participation.
Despite recent security issues, the BNB Chain has continued to experience growth in meme coins. Currently, BNB is priced at 1,144.23 USD, maintaining a market cap of 159.26 billion USD, even with a noticeable volume decrease over the past 24 hours.
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