The former CEO of Binance, Zhao Changpeng, sparked discussions with his post yesterday. He said: "I do not oppose memes, but these memes have become a bit strange now. Let's use blockchain to build real applications." Everyone should not think that CZ is denying MEME; he is likely rejecting the blind pursuit of profit and the meaningless phenomenon of some meme coins. Recently, among a large number of meme coins, there have been some scam projects, and is this market a bit detached from rationality? The core of blockchain lies in technological applications, such as payments, decentralized finance, and supply chain transparency. Everyone can pay attention to VC coins, value coins, and follow in CZ's footsteps.

Today, the THE project launched on Binance has doubled in price right after its launch. It is currently supported by the Binance Chain, and Binance's official account has also released a post in support of it. This echoes CZ's statement that the core of blockchain lies in technological applications, and value applications should be the area we focus more on.