CZ's Warning About Memecoins: 'Stay Away From Memecoins If You Can't Handle The Volatility'
Binance founder Changpeng “CZ” Zhao issued a statement warning about the increasing memecoin frenzy, saying that many investors are seeking quick profits rather than caring about the projects themselves.
CZ warns about the Meme Coin frenzy, highlighting the performance issues of the BNB chain
CZ mentioned the increasing popularity of memecoins in a post he shared on social media, stating that: