PANews November 26 report, Binance founder Zhao Changpeng (CZ) expressed his views on the current meme coin craze on social media, stating that although he does not oppose meme culture, meme coins have become 'a bit strange.' He called for the industry to focus on the development of practical applications based on blockchain. He emphasized that he does not intend to discourage meme coin investment, but hopes to encourage more developers to participate in building.
The community began discussions on this, with some users stating that the meme coin craze is hard to end, but it is possible to advocate for high-quality meme coins with greater community value. CZ responded by saying that investment choices are up to each individual, while humorously referring to himself as a 'dinosaur' and poking fun at his and Vitalik's (Ethereum founder) relatively conservative attitude towards meme culture, but believing that the community is still an important part of the blockchain ecosystem.