{"id":144,"date":"2023-06-08T16:18:51","date_gmt":"2023-06-08T13:18:51","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=144"},"modified":"2023-07-11T08:44:25","modified_gmt":"2023-07-11T08:44:25","slug":"cz-speaks-about-meme-coins","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/cz-speaks-about-meme-coins\/","title":{"rendered":"CZ Speaks About Meme Coins!"},"content":{"rendered":"\r\n\r\n\r\n<p>Meme coins are becoming popular in the cryptocurrency market nowadays. Some investors earned vast amounts of money with the early discovery of the coins. Sure, the rest of the investors also were losers. Some meme coins with high volumes were listed by the biggest CEXs. One of them is a <em><a href=\"https:\/\/accounts.binance.com\/en\/register?ref=B4DLQJE0\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Binance Exchange<\/strong>.<\/a><\/em><\/p>\r\n\r\n\r\n\r\n<p>The biggest cryptocurrency exchange in the world Binance&#8217;s CEO <strong>Changpeng Zhao\u00a0<\/strong>talked about the topic. <strong>CZ\u00a0<\/strong>answered questions in the Twitter Spaces&#8217; <a href=\"https:\/\/coinmuhendisi.com\/blog\/ama\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em><strong>AMA (ask me anything)<\/strong><\/em>.<\/a> CEO talked about KYC, the Next generation of cryptocurrencies, NFTs, Token listings, etc. besides meme coins during the AMA.<\/p>\r\n\r\n\r\n\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/cz-speaks-about-meme-coins\/#I_Dont_Understand_Meme_coins\" title=\"I Don&#8217;t Understand Meme coins\">I Don&#8217;t Understand Meme coins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/cz-speaks-about-meme-coins\/#But_Elon_Musk_Knows_Them\" title=\"But Elon Musk Knows Them\">But Elon Musk Knows Them<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/cz-speaks-about-meme-coins\/#Dogecoin_Was_The_Most_Surprising_One_For_Me\" title=\"Dogecoin Was The Most Surprising One For Me\">Dogecoin Was The Most Surprising One For Me<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"I_Dont_Understand_Meme_coins\"><\/span><strong>I Don&#8217;t Understand Meme coins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>First of all, CZ shared its thinking when was talked about them. He said that he doesn&#8217;t understand meme coins as individuals. He thinks that they haven&#8217;t got any value. According to CZ, the main reason is that. Furthermore, he added he always likes cryptocurrencies that have real-life use. Despite all his thinking, he said that my opinions don&#8217;t play any role in listing procedures.<\/p>\r\n\r\n\r\n\r\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\r\n<p><em><strong>On meme coins, I don&#8217;t really understand them, but I&#8217;m deliberately not involved in Binance&#8217;s listing process. I don&#8217;t have the time. And I don&#8217;t want to get involved. I don&#8217;t want to be pushing any coin for listings because I don&#8217;t want to be associated with that process.<\/strong><\/em><\/p>\r\n<\/blockquote>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"But_Elon_Musk_Knows_Them\"><\/span><strong>But Elon Musk Knows Them<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>He said again he doesn&#8217;t understand them when conveyed his thoughts about them. However, he mentioned that Elon Musk and some successful people in the sector know about them. Additionally, CZ said that the exchange pays attention to all factors because these digital assets consists too risky.<\/p>\r\n\r\n\r\n\r\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\r\n<p><em><strong>But I&#8217;ll comment on meme coins in general. I personally never really understood meme coins. There are many successful people who do seem to understand them, including Elon Musk, and others, so we go by users. If a coin has a lot of users trading it, wanting it, playing with it, etc., then we&#8217;ll most likely list it. If the coin only lasts for the weeks, then we probably won&#8217;t. But if it holds, then we probably will. So we view coins from a user perspective.<\/strong><\/em><\/p>\r\n<\/blockquote>\r\n\r\n\r\n\r\n<p>Later on, the CEO said that they were not against them. He added that they don&#8217;t against any cryptocurrencies. Overall, he said users are the most important thing for the Binance.<\/p>\r\n<blockquote>\r\n<p><strong>You might also like: <a class=\"row-title\" href=\"https:\/\/coinengineer.net\/blog\/wp-admin\/post.php?post=195&amp;action=edit\" target=\"_blank\" rel=\"noopener\" aria-label=\"\u201cCrypto Wallets: Hot vs. Cold Wallets\u201d (Edit)\">Crypto Wallets: Hot vs. Cold Wallets<\/a><\/strong><\/p>\r\n<\/blockquote>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dogecoin_Was_The_Most_Surprising_One_For_Me\"><\/span><strong>Dogecoin Was The Most Surprising One For Me<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>Zhao commented on also Dogecoin during the AMA. CZ didn&#8217;t hesitate to say that Dogecoin was misleading him. Additionally, he talked about SHIBA INU at the end of the AMA.<\/p>\r\n\r\n\r\n\r\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\r\n<p><em>You can present own thoughts as comment about the topic. Moreover, you can follow us on <a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram and <\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> channels for the kind of the news.<\/em><\/p>\r\n<\/blockquote>\r\n","protected":false},"excerpt":{"rendered":"<p>Meme coins are becoming popular in the cryptocurrency market nowadays. Some investors earned vast amounts of money with the early discovery of the coins. Sure, the rest of the investors also were losers. Some meme coins with high volumes were listed by the biggest CEXs. One of them is a Binance Exchange. The biggest cryptocurrency<\/p>\n","protected":false},"author":1,"featured_media":148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[22,23,24],"class_list":["post-144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-binance","tag-cz","tag-meme-coins"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CZ Speaks About Meme Coins! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Meme coins are becoming popular in the cryptocurrency market nowadays. 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