DOYR's market capitalization peaked at over $25 million, and is currently trading at $13.66 million.

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TL;DR

DOYR, a BNB ecosystem Meme coin, surged over 170 times to a $25 million market cap peak, now trading at $13.66 million. Binance co-CEO He Yi's social media mention, with a typo, sparked attention, but CZ clarified it's not an endorsement, warning of high volatility and risks.

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SEC Security TokenSmart ContractsLayer 1DOYRMeme coinBNB ecosystemmarket capitalizationcryptocurrency risk

According to Odaily data, the BNB ecosystem's Meme coin DOYR has seen a total increase of over 170 times, with its market capitalization reaching a peak of $25 million. It is currently trading at $13.66 million, with a cumulative trading volume of $37.66 million.

Last night, Binance co-CEO He Yi mentioned on social media that "finding angles in tweets to launch tokens is a community activity," and reminded users to be aware of the related risks. She mistakenly wrote DYOR as DOYR. CZ subsequently retweeted this, stating, "DOYR = DO Your meme? Posting a tweet does not imply endorsement of any meme or symbol."

Odaily reminds users that the price of Meme coin is highly volatile, and investors should be aware of the risks.

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