Changpeng Zhao (CZ): His Stance on Meme Coins

Changpeng Zhao（CZ）：他對模因硬幣的立場

Changpeng Zhao (CZ), co-founder and former CEO of Binance, has recently addressed rumors about his involvement in the meme coin market. He has stated that he has never purchased any meme coins himself.

Binance聯合創始人兼前首席執行官Changpeng Zhao（CZ）最近談到了有關他參與Meme Coin Market的謠言。他說他從未親自購買任何模因硬幣。

CZ acknowledges the appeal of meme coins but emphasizes his focus on long-term fundamentals rather than short-term trends. The recent attention given to the TST token, following a tutorial by Binance's BNB team on launching meme coins, sparked speculation about CZ's involvement. However, he has clarified that he was not involved in TST's price fluctuations.

CZ承認模因硬幣的吸引力，但強調了他對長期基本面而不是短期趨勢的關注。在Binance的BNB團隊在推出Meme Coins上的一項教程之後，最近對TST令牌的關注引發了人們對CZ參與的猜測。但是，他澄清說，他沒有參與TST的價格波動。

CZ likens meme coins to luxury items such as sports cars or art. While he recognizes their existence, he chooses not to invest in them due to his focus on long-term fundamentals.

CZ將Meme硬幣比作諸如跑車或藝術品之類的豪華物品。儘管他認識到它們的存在，但由於他對長期基本面的關注，他選擇不投資。

He does not hold a negative view of meme coins but is keen to separate his personal opinions from Binance's listings of these assets. CZ highlights that exchanges compete to list popular assets quickly, leading to rapid listings, which can occur within hours.

他沒有對模因硬幣的負面看法，而是渴望將他的個人觀點與二元資產清單分開。 CZ突出顯示交換競爭以迅速列出流行資產，從而導致快速上市，這可能會在數小時內發生。

He admits that Binance's listing process has some issues, describing it as "a bit broken." The short notice period of just four hours can cause token prices to surge on decentralized exchanges before traders can respond on centralized exchanges.

他承認，Binance的上市過程存在一些問題，稱其為“有些破壞”。短短四個小時的簡短通知期限可能會導致代幣的價格在分散交易所上漲，然後交易者才能對集中交流做出回應。

When asked why investors are drawn to meme coins over utility tokens, CZ points to regulatory uncertainty. Utility tokens often face legal challenges, encouraging projects to consider meme coins instead. Additionally, the volatility of meme coins attracts speculators due to the increased trading activity and liquidity.

當被問及為什麼投資者因公用事業令牌而被吸引到模因硬幣時，CZ指出了監管不確定性。公用事業令牌通常面臨法律挑戰，鼓勵項目考慮模因硬幣。此外，由於交易活動和流動性的增加，模因硬幣的波動吸引了投機者。

Despite CZ's concerns about the hype surrounding meme coins, Binance's latest market report shows a rapid increase in their popularity. Over 37 million meme coins have been launched, and projections suggest that this number could surpass 100 million.

儘管CZ擔心圍繞Meme硬幣的炒作，但Binance的最新市場報告顯示出其受歡迎程度迅速提高。已經推出了超過3700萬個模因硬幣，預測表明這個數字可能超過1億。