Brian Armstrong: Changing X avatar causing meme coin crash is a misjudgment by the community
According to an Ansem interview, Coinbase CEO Brian Armstrong stated that he completely misjudged the community in the incident where the replacement of X avatar led to a sharp drop in related meme coins. This was a good wake-up call and he will try to make his expectations clearer in the future. Previously, the meme coin Brain adopted the native B20 token standard upgraded from the Base Chain Beryl. Brian Armstrong briefly changed the X avatar that matched the token icon, which boosted the trading heat. With Brian Armstrong changing the X avatar again, the meme was sold off and went to zero.