Time, place, and people: Is the spring of CZ coming?

Author: Scof, Fairy, ChainCatcher

Edited by: TB, ChainCatcher

The spring of CZ is here.

The UAE royal family's $2 billion sovereign fund support, the Pump market crash injects massive liquidity into the BSC chain, and the Binance Wallet upgrades, OKX Web3 Wallet suspends service due to compliance issues...

With the right time, place, and people, CZ seems to prove that there is no eternal dilemma in the currency circle, only opportunities in the changing circumstances.

People and harmony? Test the waters meme "Success"

In just a few months, CZ has completed a thorough evolution from testing Meme's tricks to accurately grasping market sentiment.

Stage 1: Twist and clear the relationship

On February 6, CZ shared a teaching video on how to launch tokens using four.meme and specifically clarified that $TST is not a token released by the BNB Chain team or any official institution and exists only as a test token in the teaching video. However, he attached a link to the TST and BNB trading pair on four.meme.

Market sentiment heated up rapidly, and CZ posted another clarification, emphasizing that he "had never owned a TST" and reminded everyone to pay attention to risks. However, despite CZ's attempt to keep his distance, his voice itself is seen by the market as a "default recognition."

Phase 2: Release information and test market reactions

On February 13, many community members asked about the name of CZ's pet dog. This time CZ understood it and tweeted to ask about the operating mechanism of Meme. After some understanding, he shared the story with his pet dog Broccoli.

This move quickly sparked a market boom, with BNB Chain filled with Meme coins with Broccoli as the theme. In this craze, CZ did not rush to clarify, but silently forwarded the relevant tweets . Gradually, he found the right way to interact with the Meme market.

Stage 3: Master the essence and clearly participate

When it comes to Mubarak, CZ no longer responds passively, but participates directly. Not only did he post on social platforms, he also purchased 1 BNB's Mubarak with his wallet, which seemed to be sending a clear signal to the market: "I'm here."

This time, CZ completely transformed from an outsider to a dominant player in the game, accurately controlling market sentiment.

Geographical advantage, UAE sovereign fund endorsement

Previously, Binance faced severe regulatory pressure in the European and American markets, and finally reached a settlement with CZ to pay US$4.3 billion. Last week, Binance received a US$2 billion investment from the UAE sovereign fund MGX, which is not only a record fund, but also a key political blessing. Under the high pressure of European and American regulatory pressure, Binance has found a new safe haven.

The UAE is relatively open to cryptocurrency regulation, with Dubai and Abu Dhabi among the few regions that explicitly issue exchange licenses. Binance has been deploying in the Middle East market in recent years, establishing a local team and obtaining some compliance licenses. MGX's investment has further integrated Binance into the UAE capital system, but whether this means a long-term and stable compliance environment still depends on the future policy direction.

Time? Competitors suspended service

On March 17, OKX announced that it would suspend the trading function of OKX DEX aggregator due to compliance issues. This change directly affected the upper-chain limit order and cross-chain order. Although users can still trade through third-party agreements, the experience has been substantially weakened.

At this time, Binance Wallet is at an important moment of upgrading. Binance Wallet announced on the same day that all transactions will be exempt from fees for the next six months, and the market structure will undergo subtle changes. Especially in the context of the recent surge in transaction activity on BSC chains, users who were originally active in OKX DEX are likely to look for new trading platforms...

According to the encryption KOL@_FORAB, many OKX-like exchanges have been rectifying their wallet businesses and divesting their wallets and exchanges to avoid compliance risks.

OKX chose to split when facing regulatory pressure and gradually divested DEX and CEX businesses; while Binance adopted an integration strategy to closely connect wallets, transactions and on-chain ecosystems to form a more efficient liquidity cycle. The community commented: "OKX will be demolished, BN will be combined, and liquidity will find its own way out."

The turmoil in the currency circle is ever changing and never stops for anyone. Prosperity and storms are often only a line away. Will spring turn into midsummer or suddenly turn cold, no one can assert that. But at least at this moment, the story of CZ turning the tables on the wind is happening.