#BTC Changpeng Zhao (CZ) from Binance burns some of the best meme coins, such as Tutorial (TUT) and Brocolli (BROCCO). He also asked the crypto community not to send him any more tokens. The pre-sale of Meme Index concluded with over $4.4 million raised, and now MEMEX is trading on leading DEX.

Meme coins thrive on hype, and prices often soar when a public figure mentions or endorses them. That’s why cryptocurrency founders like Changpeng Zhao, Vitalik Buterin, or Charles Hoskinson from Cardano avoid mentioning or supporting trending meme coins. Lessons can be learned from Elon Musk's interaction with Dogecoin and the subsequent $1 billion lawsuit over claims for damages and accusations of pump and dump.