Changpeng Zhao Advocates Long-Term Focus Over Meme Coins

2 mins mins

Key Points:

Changpeng Zhao highlights meme coin issue at the BNB Meetup.
Urges focus on long-term, sustainable crypto projects.
Potential realignment of Binance’s strategic priorities.

Changpeng Zhao emphasized the need for sustainable crypto projects over meme coins at the BNB Super Meetup on April 6, 2025.

The event stressed the importance of long-term innovation in the cryptocurrency industry, potentially reshaping Binance’s ecosystem priorities.

Zhao Promotes Shift from Memes to Long-Term Ventures

Changpeng Zhao, founder of Binance, highlighted that “memes should not be the only thing in the crypto space” during the recent BNB Super Meetup. He noted that the community mindset needs adjustment toward long-term projects and sustainable efforts.

Zhao’s call for change may trigger a strategic shift in ecosystem priorities, aiming to support long-term builders. This indicates potential reallocation of resources from meme coins toward projects with sustainable visions.

Community reactions on platforms like X (formerly Twitter) showed support for Zhao’s view on sustainable growth. Influential figures, such as DeFi pioneer Andre Cronje, also endorsed Zhao’s focus on long-term innovative projects.

Historical Criticism and Potential Regulatory Alignment

Did you know? In November 2024, Zhao previously criticized meme coins, suggesting their distraction from real blockchain applications. This historical viewpoint adds weight to his current focus on sustainable projects.

BNB (Binance Coin) currently trades at $540.18, according to CoinMarketCap. It holds a market cap of $76.96 billion, with trading volumes up by 138.76% in the last 24 hours. Recent data shows a 25.68% decline over 90 days.

bnb-daily-chart-17 — BNB(BNB), daily chart, screenshot on CoinMarketCap at 10:05 UTC on April 7, 2025. *Source: CoinMarketCap*

The Coincu research team suggests Zhao’s remarks could align Binance with global regulatory trends for transparency and long-term stability. This alignment might attract institutional investments, positioning Binance for potential market leadership. For further insights into the regulatory landscape, see the CFTC press release on financial market regulations and enforcement actions.