
Former Binance CEO Changpeng Zhao (CZ) has announced plans to inject several hundred BNB into winning projects as part of the BNB Chain's 'Meme Liquidity Support Program.' This initiative, which aims to bolster the ecosystem for meme coins, follows the launch of a $4.4 million liquidity support plan for meme projects on the BNB Chain. CZ stated that he will continue to add liquidity until the funds are exhausted. The program is designed to support successful meme projects, including the platform Four Meme, which is gaining traction in the industry. Additionally, CZ has proposed a new token issuance mechanism that would initially release 10% of tokens for development and require price increases for further unlocks, aiming to prevent token dumps during market downturns.




TOP 5 BNB MEMECOINS: @BNBChain's memecoin ecosystem is hotting up! Here are 5 of our top picks on $BNB... ⬇️ https://t.co/FmOZTMCi3R
[𝕏] Four Meme, a Pump.fun-Like Platform on BNB Chain, Removes 1% Liquidity Fee Option on PancakeSwap and Automates LP Revenue Reinvestment $BNB $CAKE https://t.co/47Jqd7SOE0
CZ PROPOSES A NEW TOKEN ISSUANCE MECHANISM: - 10% OF TOKENS RELEASED INITIALLY FOR DEVELOPMENT - REMAINING SUPPLY UNLOCKS ONLY IF PRICE INCREASE CRITERIA ARE MET - LOCKED BY SMART CONTRACT, WITH A THIRD PARTY CONTROLLING THE KEY DESIGNED TO PREVENT TOKEN DUMPS DURING LOW… https://t.co/XtKubcQz4a