The meme coins following Changpeng Zhao (CZ)'s Broccoli dog have become a hot trend on DEX platforms in just a few minutes.

In a tweet posted by the former CEO of Binance, Changpeng Zhao (CZ), he said he would post a picture of his dog. 3 hours later, CZ posted a story about his dog named Broccoli. And as usual, the coins named after CZ's Broccoli dog quickly appeared and flooded DEX platforms like Dexscreener and GMGN.

According to the information recorded, the top 5 most popular meme coins on Dexscreener are all Broccoli-named meme coins. They were created on various networks such as Solana, BNB, or Ethereum. And more importantly, many of these meme coins have only been launched in the last few minutes.

The common feature of the Broccoli dog meme coins of Changpeng Zhao (CZ) is that they all recorded a sharp price increase at the time of writing. However, as they are meme coins following the trend and not issued by CZ, their prices have quickly dropped sharply after a short period of hot increase.

Faced with the many meme coins following the trend, a user on X shared that this is like a gamble. There will be a project that is lucky and can continue to exist in the future. Addressing this issue, CZ explained that someone had asked him to provide the contract address for the official Broccoli meme coin. In response to this, CZ said he did not issue any meme coin. All he did was post a picture and the dog's name as requested by some members of the community.

It is known that the result will be similar to the case of Elon Musk changing his name to Harry Bolz and many follow-up projects being created. However, as of now, no one remembers any meme coins related to this event. Many investors have become victims of liquidation, but the psychology of quick money-making has made them continue to follow other projects.

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