Hypothesis is swirling round Changpeng Zhao (CZ), Binance’s co-founder and former CEO, probably launching a meme coin impressed by his pet canine.
The rumors started after a dialog on X (previously Twitter), the place he casually mentioned the concept however made no commitments.
It began when CZ revealed he owns a Belgian Malinois, not the generally favored Shiba Inu. His remark instantly sparked curiosity, with customers wanting to know the canine’s title—probably in anticipation of a meme coin.
Amused, CZ questioned how such tokens achieve legitimacy, questioning if merely sharing his pet’s particulars would result in a number of cash showing. He later joked about whether or not to guard his canine’s privateness or “dox” it for the trigger.
Regardless of no official phrase from CZ, meme cash linked to him have already surfaced. One, Binance Canine (CZDOG), surged 109% in worth, reaching an $8 billion market cap simply hours after launching.
Although CZ has by no means been a vocal supporter of meme cash, he hasn’t dismissed them completely. In late 2024, he expressed skepticism, urging builders to give attention to significant blockchain purposes. Extra not too long ago, he clarified that whereas he doesn’t personally put money into meme cash, he doesn’t oppose them both.
