Binance founder Changpeng Zhao (CZ), one of the influential names that are closely followed in the cryptocurrency market, made a new post.
CZ, who shared a post about memecoins, said that he was not against memecoins but that such tokens were starting to “get a little weird.”
“I'm not against memes but meme coins are getting a little weird now.
Let's build real applications using blockchain.”
CZ's comment drew attention to the potential risks of memecoins, which have attracted increasing interest in recent days.
*This is not investment advice.