CZ Critiques Meme Coins, Urges Blockchain Focus on Utility

CZ Critiques Meme Coins, Urges Blockchain Focus on Utility

Former Binance CEO Changpeng "CZ" Zhao has expressed sharp criticism of meme coins, advocating for blockchain developers to prioritize projects with tangible utility over hype-driven ventures. In a Nov. 26 post on X (formerly Twitter), Zhao described meme coins as “a little weird,” emphasizing the need for “real applications” that provide practical value. Meme Coin Hype: Short-Term Gains, Long-Term Risks CZ’s remarks have reignited discuss...

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