CZ Rarely Speaks Out: The Meme Coin Craze is "a Bit Strange", Value Coins Go Unnoticed?
CZ stated that he does not oppose the development of meme coins, but the current trend seems to deviate too much, and attention should be redirected to building truly valuable blockchain applications.
Currently, the market is indeed dominated by the craze for meme coins, such as the recently launched ACT, PNUT, MEMEFI, NEIRO, which are far more eye-catching than traditional VC projects. Binance also has to cater to this wave of popularity, otherwise user traffic may be diverted to other platforms. However, unlike the flexibility of meme coins, VC projects usually have fixed token distribution, detailed white papers and plans, and even margin requirements that exchanges can supervise. This structured management has earned some trust for VC coins in the past, but now there are few projects that perform well, most of which drop immediately after listing, making it difficult for investors to profit.
In contrast, while meme coins are high risk, they often only correct after a surge, at least providing one or several opportunities for profit. The blockchain industry is a fast-paced market, and finding a balance between hype and value requires greater market insight and understanding.
