<ul><li>Binance founder Changpeng Zhao expresses concerns over the hype around memecoins and urges developers to focus on utility-driven tokens.</li><li>Zhao acknowledges the popularity of memes but finds the direction of memecoins 'a little weird.'</li><li>He encourages developers to create blockchain applications with real-world value instead of relying solely on hype and social media trends.</li><li>Despite the division in the crypto community, Zhao aims to inspire more practical application development while not seeking to eliminate memecoins entirely.</li></ul>

Binance founder Changpeng Zhao notes ‘weird’ memecoin mania, urges utility innovation

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