Binance founder Changpeng Zhao (CZ) has addressed community concerns regarding the recent surge in meme coin activity on the BNB Chain. In a post on the X platform, CZ refuted claims of a "Binance cartel" manipulating the market, attributing the activity to organic community engagement. This response followed a tweet by crypto influencer @0xUnihax0r, who alleged that a group had created a meme coin with a $100 million market cap in just 48 hours, contrasting it with Solana's performance. CZ noted he observed at least two innovative meme projects recently but confirmed he did not invest in them.