CZ, one of the most significant figures in the cryptocurrency world, made headlines after returning to the scene, catalyzed by Trump’s victory. Despite earlier insinuations that he might distance himself from cryptocurrency following his prison sentence last year, he couldn’t resist re-engaging. At an event in Hong Kong, CZ addressed questions and made notable statements regarding the current crypto landscape.
Statements from the Founder of Binance
CZ commented on the recent meme coin frenzy, indicating that the hype has reached its peak and directly affected the market. He remarked on how the overwhelming attention on meme coins complicates decisions about which tokens to list. He emphasized that long-term focus should remain on supporting projects that are genuinely building and have real user bases, revenue, and profits. He stated, “The challenge with meme coins is not less than that of traditional projects. It requires careful content development and storytelling to truly stand out.”
CZ acknowledged the need for projects that genuinely contribute value to attract more interest, making a critical self-reflection in the process.
Crypto Predictions
He expressed that it is impossible to hold onto every token due to the likelihood of many eventually becoming worthless. CZ encouraged investors to focus on long-term opportunities, stressing that only projects with real use cases and robust foundations deserve attention. He highlighted that while Bitcoin 
$85,163 remains a reserve asset, many tokens could outperform it in certain market conditions.
When asked about the $3,000 price target for BNB Coin shared by Hash Global, CZ explained that he does not set specific prices; the market does. He emphasized the importance of expanding BNB’s utility across various platforms and applications to increase its value.
CZ advised newcomers that it is never too late to enter the crypto space. He stressed understanding project fundamentals and cautioned against getting rich overnight. He suggested starting small and using a dollar-cost averaging strategy to manage volatility, which is inherent in crypto markets.
