Zhao Changpeng Criticizes Crypto Speculation Focus

Key Points:
  • Zhao Changpeng emphasizes building over short-term profiteering.
  • Only 1% in crypto are genuinely building, says CZ.
  • Market cap of crypto decreased amidst speculation discussions.

Zhao Changpeng, former CEO of Binance, stated on March 29, 2025, that most cryptocurrency participants target quick profits, contrasting this with only a minority focused on building. His remarks were made on the social media platform X.

The statement aligns with ongoing debates about speculation versus long-term value creation in the crypto sector and resonates with sentiments expressed by other leaders about the importance of building.

Zhao Changpeng Calls for Shift from Profits to Building

Zhao Changpeng emphasized that “99% of the cryptocurrency industry participates for quick profits, with only 1% dedicated to building.” He stressed the importance of long-term value, suggesting the true gains are found in sustainable development instead of rapid trading.

Changpeng’s comments underline a crucial part of the ongoing dialogue within the crypto community, challenging stakeholders to focus on tangible contributions to technology and infrastructure rather than speculative trading. His perspective highlights the slowing market capitalization—from a peak of 3.60 trillion to the current 2.8 trillion.

“99% of participants in the cryptocurrency industry are in it for quick profits, only 1% are building. However, the ones who are truly making money are actually the latter.” — Zhao Changpeng (CZ), Co-founder and Former CEO, Binance

Following Changpeng’s tweet, Kristin Smith from the Blockchain Association remarked on upcoming regulatory frameworks. “It’s an opportunity for good policies that steer innovation,” Smith noted, referencing the potential shift towards innovation-friendly regulations.

Bitcoin Dominance Amid Market Volatility and Regulatory Changes

Did you know? In 2025, as Zhao Changpeng redirected focus towards building over speculation, Bitcoin’s price fell 19.98% in 60 days, reflecting market volatility amid industry introspection.

According to CoinMarketCap, Bitcoin (BTC) shows market dominance with a 61.05% share and a market cap of 1.64 trillion. The current Bitcoin price stands at $82,469.74. Trading volume has seen a 31.16% decline within 24 hours and a 3.56% drop over 30 days, revealing significant fluctuations recently. Source: CoinMarketCap

bitcoin-daily-chart-38
Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 15:26 UTC on March 29, 2025. Source: CoinMarketCap

Experts from Coincu suggest potential outcomes may affect financial markets and technological advancements in the blockchain sector. Adjustments to regulation and a focus on long-term gains could lead to unprecedented changes in the industry, possibly fostering innovation and reducing speculative risks.

Rate this post

Other Posts: