#🚨🚨🚨'I NEVER BUYED A CRYPTOCURRENCY
MEME OR AN NFT', REVEALS CHANGPENG
ZHAO, FOUNDER OF BINANCE
Changpeng Zhao, founder and former CEO of
Binance revealed that it never bought meme cryptocurrencies
or NFTs, justifying that he prefers to invest in assets with
solid fundamentals such as bitcoin and BNB. In a
publication in X, he stated that he seeks to distance himself from
projects based only on "hype", but that is not
against these initiatives.
The statement came after Binance listed TST, a
meme cryptocurrency associated with Zhao, which soared
22,500% after he shared a video about token creation. The executive denied the intention to promote the asset, but highlighted that these tokens continue to attract
investors due to its speculative nature.
Despite the popularity of meme cryptocurrencies, Zhao
reinforced its preference for long-term investments with more solid fundamentals. He also revealed that he never bought altcoins, NFTs or luxury items, reinforcing his conservative profile in the crypto market.$BTC