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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 
$136 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, Crypto Kemal wrote, “Share his picture and see what happens.” This could lead to many meme coins being minted with the same name and image, as CZ’s dog may inspire a viral meme coin, similar to what happened with Elon Musk’s dog. Given that CZ is seen as a father figure on the BSC, this meme coin is likely to be embraced by the community.
In the next 24 hours, CZ will likely share his dog’s name, leading to the creation of numerous tokens. If CZ engages with any of them, their prices could soar. Ultimately, the possibility of someone being owned by CZ, surviving, and potentially being listed by Binance remains strong.
