The right timing, favorable conditions, and harmony among people: Is spring coming for CZ?

Author: Scof, Fairy, ChainCatcher

Editor: TB, ChainCatcher

CZ's spring has arrived.

With the support of a $2 billion sovereign fund from the UAE royal family, the Pump market crash injecting massive liquidity into the BSC chain, and the upgrade of the Binance wallet, OKX DEX has suspended its services…

With the right timing, favorable conditions, and human factors, CZ seems to prove that there are no eternal dilemmas in the crypto world, only opportunities amidst the changing winds.

Human Factors? Testing the Waters of Meme "Success"

In just a few months, CZ has evolved from tentatively exploring the meme space to accurately grasping market sentiment.

Phase One: Hesitation, Distancing

On February 6, CZ shared a tutorial 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, but merely a test token in the tutorial video. However, he included a link to the TST and BNB trading pair on four.meme in his tweet.

Market sentiment quickly heated up, and CZ issued another post to clarify, emphasizing that he "has never owned TST" and reminded everyone to be aware of the risks. However, despite CZ's attempts to maintain distance, his statements were interpreted by the market as a form of "implicit endorsement."

Phase Two: Releasing Information to Test Market Reaction

On February 13, many community members inquired about the name of CZ's pet dog. This time, CZ understood the hint and tweeted to ask about the mechanics of memes. After some understanding, he shared a story about his pet dog, Broccoli.

This action quickly sparked a market frenzy, with BNB Chain flooded with meme coins themed around Broccoli. Amidst this wave, CZ did not rush to clarify but quietly retweeted related posts. Gradually, he found the right way to interact with the meme market.

Phase Three: Mastering the Essence, Clearly Participating

By the time of Mubarak, CZ was no longer passively responding but directly participating. He not only posted on social media but also purchased 1 BNB of Mubarak with his own wallet, seemingly sending a clear signal to the market: "I am here."

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

Favorable Conditions, UAE Sovereign Fund Endorsement

Previously, Binance faced severe regulatory pressure in the European and American markets, ultimately reaching a settlement by paying $4.3 billion and having CZ imprisoned. Last week, Binance secured a $2 billion investment from the UAE sovereign fund MGX, which is not only a record amount of funding but also a crucial political endorsement. Under the high-pressure regulatory environment in Europe and America, Binance has found a new safe haven.

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

Timing? Competitors Suspending Services

On March 17, OKX announced the suspension of its OKX DEX aggregator trading function. The OKX wallet has been fee-free for two years, and many users have become accustomed to trading on its platform. This adjustment directly affects on-chain limit orders and cross-chain orders. Although users can still trade through third-party protocols, the experience has been significantly diminished.

At this crucial moment, the Binance wallet is undergoing an important upgrade. On the same day, Binance Wallet announced that all transactions would be fee-free for the next six months, leading to a subtle shift in the market landscape. Especially against the backdrop of a recent surge in trading activity on the BSC chain, users who were previously active on OKX DEX are likely to seek new trading platforms…

Additionally, according to crypto KOL @_FORAB, several exchanges are already restructuring their wallet services, separating wallets from exchanges to mitigate compliance risks.

The ever-changing landscape of the crypto world never pauses for anyone. Prosperity and storms are often just a line apart; whether spring will lead to summer or suddenly turn cold is uncertain. But at least at this moment, CZ's story of turning the tide is unfolding.