Changpeng Zhao, the former CEO of Binance, has expressed concerns about the rise of meme coins like $DOGE
coin, noting that their popularity has become "a little weird." While he acknowledges Dogecoin's potential as a payment method on platforms like Twitter, Zhao advocates for a shift away from hype-driven coins and toward the development of blockchain applications that offer real-world utility. He believes that the focus should be on projects with meaningful and impactful use cases, moving beyond novelty coins to advance the broader blockchain ecosystem.