The founder of Binance, CZ, remains a significant player in the cryptocurrency space despite not actively managing the company. Recently, stories similar to those surrounding the Solana $194 network’s “butterfly coins” are being crafted on the Binance Smart Chain (BSC). Investors are trading these short-lived, worthless cryptocurrencies like gambling, witnessing rapid losses and gains. This is where CZ steps in.
CZ and the Meme Coin
Pumpfun is well-known, and there is such a platform on the BSC. Despite being nonsensical, this absurdity appeals to a new type of investor, leading to significant liquidity influx. In a recent response to ongoing discussions, CZ wrote:
“Yes (I have a dog), not a Shiba Inu, but a Belgian Malinois.”
In response, Cry…