CZ: "Fully agree that 99% of meme coins are scams"

Suehyeon Lee

Summary

CZ fully agreed with the claim that most meme coins are scams to investors.
He stated that he would not issue meme coins directly.
CZ revealed negative views on meme coins and urged investors to be cautious.

Former Binance CEO Changpeng Zhao expressed negative views on meme coins.

On the 14th (local time), when crypto trader LuxDiei said on X (formerly Twitter) that "meme coins are time bombs, and 99% are used to scam investors," Changpeng Zhao responded by saying "I fully agree with this."

Previously, while he had shown interest in the idea of launching a meme coin based on his pet dog, he later stated that he would not issue a meme coin directly.

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

CZ: "Fully agree that 99% of meme coins are scams"

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