Changpeng Zhao (CZ): His Stance on Meme Coins

Changpeng Zhao（CZ）：他对模因硬币的立场

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联合创始人兼前首席执行官Changpeng Zhao（CZ）最近谈到了有关他参与Meme Coin Market的谣言。他说他从未亲自购买任何模因硬币。

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承认模因硬币的吸引力，但强调了他对长期基本面而不是短期趋势的关注。在Binance的BNB团队在推出Meme Coins上的一项教程之后，最近对TST令牌的关注引发了人们对CZ参与的猜测。但是，他澄清说，他没有参与TST的价格波动。

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将Meme硬币比作诸如跑车或艺术品之类的豪华物品。尽管他认识到它们的存在，但由于他对长期基本面的关注，他选择不投资。

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.

他没有对模因硬币的负面看法，而是渴望将他的个人观点与二元资产清单分开。 CZ突出显示交换竞争以迅速列出流行资产，从而导致快速上市，这可能会在数小时内发生。

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.

他承认，Binance的上市过程存在一些问题，称其为“有些破坏”。短短四个小时的简短通知期限可能会导致代币的价格在分散交易所上涨，然后交易者才能对集中交流做出回应。

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.

当被问及为什么投资者因公用事业令牌而被吸引到模因硬币时，CZ指出了监管不确定性。公用事业令牌通常面临法律挑战，鼓励项目考虑模因硬币。此外，由于交易活动和流动性的增加，模因硬币的波动吸引了投机者。

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.

尽管CZ担心围绕Meme硬币的炒作，但Binance的最新市场报告显示出其受欢迎程度迅速提高。已经推出了超过3700万个模因硬币，预测表明这个数字可能超过1亿。