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Binance Founder Comments on Trump’s New Memecoin Drop

20.01.2025 11:00 1 min. read Alexander Zdravkov
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Binance Founder Comments on Trump’s New Memecoin Drop

Changpeng Zhao (CZ), the former CEO of Binance and a prominent figure in the cryptocurrency world, recently shared a lighthearted remark about the growing memecoin trend sparked by the launch of Donald Trump’s $TRUMP token.

Responding to followers speculating about the possibility of a “CZ Coin,” Zhao stated there are no plans for such a project.

However, he joked that with the TRUMP memecoin reaching a fully diluted market cap of $71 billion, it wouldn’t be surprising if more world leaders considered creating their own tokens.

Zhao also addressed the various CZ-themed memecoins circulating in the market, clarifying that none of them have any affiliation with him.

Meanwhile, Donald Trump’s involvement in the cryptocurrency space has extended beyond memecoins. Through his World Liberty Financial project, Trump recently purchased over $32 million worth of Ethereum.

With his inauguration as U.S. President set for tomorrow, many in the crypto community are speculating that he may announce significant plans or policies related to digital assets during his first day in office.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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