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