Binance CEO, Changpeng Zhao (CZ)
Binance CEO, Changpeng Zhao (CZ)
Binance co-founder Changpeng Zhao (CZ) has urged the cryptocurrency industry to focus on real blockchain applications, calling the meme coin trend “a little weird.”
His comments come as the meme coin market has seen a significant downturn. Its total market capitalization dropped to $120 billion, representing a 7.5% decrease in just 24 hours.
This decline aligns with the broader crypto market’s retracement, sparking fresh discussions within the crypto community about the state of meme coins and their place in the blockchain ecosystem.
