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‘Memecoins Are Getting A Little Weird’: Binance Founder Advocates For ‘Real’ Blockchain Projects

  • Binance founder, Changpeng Zhao, calls for more focus on 'real' blockchain projects amidst the frenzy around memecoins.
  • CZ urges the community to build applications with utility and not to completely end the memecoins craze.
  • Opinions among crypto investors are split, with some agreeing that memecoins are a distraction, while others argue that memes have unique power and can lead to innovative fundraising and economic applications.
  • Binance faces criticism for listing memecoins and alleged promotion of pump-and-dump schemes, leading to price jumps and subsequent drops.

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