Changpeng Zhao (CZ), the previous CEO of Binance and a distinguished determine within the cryptocurrency world, lately shared a lighthearted comment concerning the rising memecoin pattern sparked by the launch of Donald Trump’s $TRUMP token.
Responding to followers speculating about the opportunity of a “CZ Coin,” Zhao acknowledged there aren’t any plans for such a undertaking.
Nevertheless, he joked that with the TRUMP memecoin reaching a completely diluted market cap of $71 billion, it wouldn’t be stunning if extra world leaders thought of creating their very own tokens.
Zhao additionally addressed the assorted CZ-themed memecoins circulating available in the market, clarifying that none of them have any affiliation with him.
In the meantime, Donald Trump’s involvement within the cryptocurrency area has prolonged past memecoins. Via his World Liberty Monetary undertaking, Trump lately bought over $32 million price of Ethereum.
Together with his inauguration as U.S. President set for tomorrow, many within the crypto group are speculating that he could announce vital plans or insurance policies associated to digital property throughout his first day in workplace.
