In a recent interview, Binance CEO Changpeng Zhao (CZ) shared insights on the memecoin trend and his approach to acquisitions. CZ stated that he generally avoids large-scale acquisitions, with his largest being CoinMarketCap for several hundred million dollars. While in prison, CZ described it as a forced "rest," missing family and social connections the most.
CZ also commented on the potential of memecoins on the BNB Chain, suggesting they should be welcomed and infrastructure optimized to support them. Although he has not actively invested in memecoins, CZ has experimented with purchasing some for educational purposes.
CZ Discusses Memecoin Trends and Advice for Entrepreneurs
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
