Binance’s founder and former CEO, Changpeng Zhao (CZ), made notable remarks about meme coins in a recent post.
As one of the most influential figures in the cryptocurrency market, CZ shared an intriguing update on the social media platform X.
Expressing that he is not against meme coins, CZ noted that these tokens are “starting to get a bit weird.” He stated, “I’m not against memes, but meme coins are now becoming a bit strange. Let’s use blockchain to build real applications.”
With this comment, Zhao highlighted the recent market activity surrounding meme coins and the potential risks they pose, emphasizing the need to focus on creating practical blockchain applications.
This statement conveys the message that during a time when meme coins are gaining popularity, attention should be directed toward the real-world applications of blockchain technology.
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