Binance (CRYPTO: BNB) co-founder Changpeng “CZ” Zhao advised his followers on Tuesday not to fall for random memecoins created based on his social media posts.
CZ’s Candid Warning
In an X post, CZ affirmed that he’s not anti-memecoin, but that people are “guaranteed to lose money” if they “ape” into every coin that people create based on his random tweets.
“I just tweet as I do, with stupid not-so-funny jokes, not thinking about memes,” the cryptocurrency billionare said.
CZ also agreed with one of the replies, suggesting that rather than buying memecoins, people can hold BNB and build on the BNB Chain to support the ecosystem.
How CZ’s Dog Sparked Memecoin Mania In 2025
CZ’s X posts have a history of igniting meme frenzies.
In February 2025, he shared photos of his dog, a Belgian Malinois named Broccoli, triggering a flood of namesake tokens on the BNB Chain. One of them, named CZ’s Dog (BROCCOLI), has plunged over 85% since the launch.
In 2024, he found the proliferation of memecoins “a little weird,” and urged the cryptocurrency community to focus on building meaningful blockchain applications.
It’s worth pointing out that CZ hasn’t launched any official token related to himself.
Price Action: At the time of writing, BNB was exchanging hands at $939.39, up 2.88% in the last 24 hours, according to data from Benzinga Pro. The coin has gained over 9% year-to-date, and was one of the top large-cap performers in 2025.
Benzinga Note: Investing in meme coins, especially those launched by high-profile individuals, is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading.
Photo Courtesy: Alexandru Nika on Shutterstock.com
Recent Comments