On December 7, according to GMGN data, the BNB Chain ecosystem meme coin DOYR surged over 45% in the past 2 hours, with its market cap rising to $15.38 million and accumulated trading volume reaching $41.4 million. Last night, CEX Co-CEO He Yi posted that issuing tokens based on “finding an angle” from tweets is a community-driven action and users should be aware of investment risks, referring to DOYR (which was meant to be DYOR due to a typo). CZ then retweeted this post, commenting, “DOYR = DO YouR meme? Posting a tweet does not constitute endorsement of any meme or symbol.” BlockBeats reminds users that most meme coins have no real use cases and are highly volatile, so investors should proceed with caution.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Meme coin DOYR market cap rises to $15.38 million, up over 45% in 2 hours
On December 7, according to GMGN data, the BNB Chain ecosystem meme coin DOYR surged over 45% in the past 2 hours, with its market cap rising to $15.38 million and accumulated trading volume reaching $41.4 million. Last night, CEX Co-CEO He Yi posted that issuing tokens based on “finding an angle” from tweets is a community-driven action and users should be aware of investment risks, referring to DOYR (which was meant to be DYOR due to a typo). CZ then retweeted this post, commenting, “DOYR = DO YouR meme? Posting a tweet does not constitute endorsement of any meme or symbol.” BlockBeats reminds users that most meme coins have no real use cases and are highly volatile, so investors should proceed with caution.