Crypto Billionaire Changpeng Zhao Says People Are 'Guaranteed To Lose Money' If They Blindly Buy Memecoins Based On His X Posts
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Binance (CRYPTO: BNB) co-founder Changpeng “CZ” Zhao advised his followers on Tuesday not to fall for random memecoins created based on his social media posts.
CZ’s Candid Warning
In an X post, CZ affirmed that he’s not anti-memecoin, but that people are “guaranteed to lose money” if they “ape” into every coin that people create based on his random tweets.
“I just tweet as I do, with stupid not-so-funny jokes, not thinking about memes,” the cryptocurrency billionaire said.
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CZ also agreed with one of the replies, suggesting that rather than buying memecoins, people can hold BNB and build on the BNB Chain to support the ecosystem.
I am not against meme coins, and I like memes.
But if you are going to ape into every meme coin people create based on my random tweets, you are almost guaranteed to lose money.
I just tweet as I do, with stupid not-so-funny jokes, not thinking about memes (most of the time).
How CZ’s Dog Sparked Memecoin Mania In 2025
CZ’s X posts have a history of igniting meme frenzies.
In February 2025, he shared photos of his dog, a Belgian Malinois named Broccoli, triggering a flood of namesake tokens on the BNB Chain. One of them, named CZ’s Dog (BROCCOLI), has plunged over 85% since the launch.
See Also: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
In 2024, he found the proliferation of memecoins "a little weird," and urged the cryptocurrency community to focus on building meaningful blockchain applications.
It’s worth pointing out that CZ hasn’t launched any official token related to himself.
Benzinga Note: Investing in meme coins, especially those launched by high-profile individuals, is highly speculative and involves significant risk. Meme coins often lack intrinsic value and are driven by market sentiment, social media trends, and speculative trading.
Photo Courtesy: Alexandru Nika on Shutterstock.com
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