CZ stated that the Meme coin "4" was taken over by the community after being sold by a Hacker, with the coin price rising over 500% in a short time.

On October 1st, CZ posted on social media regarding the hacking incident of the official BNB Chain X account, stating: "After the hacker dumped all of his Meme Tokens for a profit of $4,000, the community took over and continued to raise the coin price as a mockery to the hacker." After CZ released this news, the Meme coin "4" rose over 500%, with a market capitalization reported at $17.24 million and a total trading volume reaching $18.4 million. It is reported that earlier today, the official BNB Chain X account was hacked, and the hacker used this account to promote Meme coins and sell for profit. BlockBeats Note: Meme coin trading fluctuates greatly, largely relying on market sentiment and speculative hype, and has no actual value or use case; investors should be aware of the risks.