Freedom of Money surges 50%, as CZ’s new book drives a wave of same-name meme coin hype

On April 7, the meme coin Freedom of Money on the BSC chain saw a sharp surge. According to GMGN’s monitored data, its market cap briefly surpassed $22 million, with a peak intraday gain of up to 50%. The direct catalyst for this round of trading was an announcement made recently by Binance co-founder and former CEO CZ that his new book, Freedom of Money, is about to be released—driving a rapid rise in short-term trading interest in the namesake token.

CZ Book Announcement: Name-Sparks Market Sentiment Effect

In his latest statement, CZ revealed that his new book, Freedom of Money, is “scheduled to be released this week,” although the final editing work has not yet been completed. At present, e-book preorders have officially started, offering both an English and a Traditional Chinese version. The English physical edition is expected to be released next week, while other language versions are planned to roll out gradually over the coming months.

CZ also clearly stated that he will not profit from book sales—“All book sales proceeds will be donated to charitable organizations, and I will not try to make money from this book.” Even so, the market sentiment effect triggered by the book title still directly boosted trading activity for the namesake meme coin, reflecting the crypto community’s high sensitivity to celebrity-related concepts.

It’s worth emphasizing that the Freedom of Money meme coin on the BSC chain is not issued by CZ or Binance official entities, and has no formal connection to the new book. This rally is purely emotion-driven hype in the market around the name’s perceived relevance, not any official endorsement.

Market Data and Trading Background

（Source: GMGN）

Freedom of Money key market data (April 7, 2026)

Highest market cap in 24 hours: Over $22 million, a new all-time high

Estimated market cap: About $21.2 million

Highest intraday gain: 50%

24-hour trading volume: About $5 million

Underlying blockchain: BSC (BNB Smart Chain)

Data source: GMGN on-chain monitoring platform

Sentiment-driven meme coin market moves like this are highly unstable, and the market cap data within a short period may have already changed significantly.

Core Risks of Meme Coin Investing: Sentiment Moves Without Fundamental Support

Freedom of Money’s short-term blowout surge reflects the typical operating pattern of the meme coin market: high volatility, a heavy reliance on market sentiment and concept speculation, and a complete lack of any real use case or underlying value support. The price trend of assets like this is often measured in minutes. Traders must remain highly alert to risks such as liquidity drying up, pump-and-dump schemes, and market manipulation.

The title-related sentiment effect that pushed this rally is also built on unconfirmed information—CZ’s final book release date has not yet been determined, and editing work is still ongoing, further increasing the trading-risk foundation for the related meme coin.

Frequently Asked Questions

Is the Freedom of Money meme coin issued by CZ or Binance official channels?

No. Freedom of Money is a third-party meme coin on the BSC chain, with no connection to Binance co-founder CZ or Binance official entities. The surge in price stems from the market’s emotional reaction to the effect of CZ’s book sharing the same name—not from any form of official endorsement or support.

When is CZ’s new book, Freedom of Money, officially being released?

CZ announced that the book is “scheduled to be released this week.” E-book preorders are already open, offering an English and a Traditional Chinese version, and the English physical edition is expected to be released next week. CZ also clearly stated that all book sales proceeds will be fully donated to charitable organizations, and that he personally will not profit from book sales.

What are the main risks of investing in the meme coin Freedom of Money?

Meme coins lack real use cases and fundamental support, and their prices are driven by market sentiment. Freedom of Money’s short-term blowout is a sentiment-driven rally, and it may face risks such as sharp declines within a short time, liquidity drying up, and market manipulation. Investors should carefully evaluate their risk tolerance and never chase the price higher.