PANews reported on November 26 that Binance founder Changpeng Zhao (CZ) expressed his views on the current meme coin craze on social media, saying that although he is not against meme culture, meme coins have become "a bit strange" and called on the industry to focus on the development of practical applications based on blockchain. He emphasized that he has no intention of cracking down on meme coin investment, but only hopes to encourage more developers to participate in the construction.
The community discussed this, and some users said that the meme coin craze is difficult to end, but it is possible to advocate for high-quality meme coins with higher community value. CZ responded that investment choices are up to each person to decide, and humorously called himself a "dinosaur", joking that he and Vitalik (founder of Ethereum) have a more conservative attitude towards meme culture, but believes that the community is still an important part of the blockchain ecosystem.
