Changpeng Zhao (CZ), the CEO of Binance, has sparked excitement in the crypto community after sharing details about his pet, a Belgian Malinois, igniting rumors of a potential new meme coin.
Teaser from Changpeng Zhao
The speculation began when an X user asked CZ if he had a pet. CZ's response—confirming that he owns a Belgian Malinois—caught the attention of the crypto world. Soon, discussions about naming the dog, sharing its picture, and even creating a meme coin in its honor took over social media.
Emergence of Meme Coins
Even though CZ hasn't launched a dog-themed meme coin, the community acted quickly. A token named Binance Dog (CZDOG) emerged and soared to an $8 billion market cap within just five hours, marking a 109% surge.
Skepticism and Meme Coins Influence
Although CZ is not an advocate for meme coins, he acknowledges their impact. Back in November 2024, he expressed: 'I’m not against memes, but meme coins have reached a rather bizarre stage. Let’s focus on building projects with real-world blockchain applications.' Recently, he reiterated that he has never personally invested in meme coins.
While Changpeng Zhao doesn't support meme coins, the interest in them remains strong in the community. The question persists: Will CZ eventually give in to the meme coin trend?
