Is Changpeng Zhao Teasing a Meme Coin? Speculation Grows After His Latest Comments

Speculation is swirling around Changpeng Zhao (CZ), Binance’s co-founder and former CEO, potentially launching a meme coin inspired by his pet dog.

The rumors began after a conversation on X (formerly Twitter), where he casually discussed the idea but made no commitments.

It all started when CZ revealed he owns a Belgian Malinois, not the commonly favored Shiba Inu. His comment immediately sparked interest, with users eager to know the dog’s name—likely in anticipation of a meme coin.

Amused, CZ questioned how such tokens gain legitimacy, wondering if merely sharing his pet’s details would lead to multiple coins appearing. He later joked about whether to protect his dog’s privacy or “dox” it for the cause.

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Despite no official word from CZ, meme coins linked to him have already surfaced. One, Binance Dog (CZDOG), surged 109% in value, reaching an $8 billion market cap just hours after launching.

Though CZ has never been a vocal supporter of meme coins, he hasn’t dismissed them entirely. In late 2024, he expressed skepticism, urging developers to focus on meaningful blockchain applications. More recently, he clarified that while he doesn’t personally invest in meme coins, he doesn’t oppose them either.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.