Changpeng Zhao, who has become a billionaire thanks to cryptocurrencies, claims to know nothing about the functioning of the same. However, he admitted half a word that he had caused a wave of same to boost the activity of the BNB Chain, thanks to his dog Broccoli. And that has no more investors, who have lost much their bet.
Changpeng Zhao, ultimately not really detached from Binance?
Changpeng Zhao is known in the cryptocurrency ecosystem for having long been CEO of binancethe largest exchange of cryptocurrencies in the world, by far. However, due to various regulatory setbacks, the one nicknamed “CZ” was forced to leave his post in November 2023.
The former Binance CEO, billionaire, has also made prison. He got out of it last September, after serving a 5 -month sentence. When asked about the possibility of returning to his post, Cz says he is “disinterested”. He also created Giggle Academyan online platform aimed at allowing children in difficulty to go interactively.
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However, Changpeng Zhao seems to have trouble detaching himself entirely from the crypto, which has marked most of his life. He is notably an advisor to Yzi Labs, a venture capital company and incubator, formerly appointed Binance Labs.
But above all, the image of Binance sticks to his skin. Changpeng Zhao says he is far from the Exchange, but his cover photo on X, where he is very active, shows a QR code to download the mobile application of the Crypto Exchange. Despite his new activities and his “disinterest” for Binance, his organic X is limited to “co -founder and former CEO of Binance, BNB and BTC holder”.
CZ also continues to advertise the BNB Chain, the Binance blockchain, but more or less concealed. Like last night, by launching a wave of same on the network.
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A poorly hidden strategy
When asked a photo of his dog at the turn of a conversation, Changpeng Zhao, who has become a multi-millionaire thanks to cryptocurrencies, knows very well the issues that can hide behind this kind of revelation. There is no longer the same number of people with the effigy of animals that have reached ridiculously high capitalizations. There was also quickly alluding to his own chief on X:
Honest beginner's question. How does it work? I share my dog's name and photo, then people create the same? How do you know which one is “official”? Or is it even important? I see a lot of people asking for a name and a photo.
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Then, last night, Changpeng Zhao ended up posting a photo of him in the company of his dog, Broccoli. The memecoins carrying this ticker therefore quickly rushed, and this on all the launchers, both on Solana and the BNB Chain. And that was CZ's goal.
“” My goal is not to create a same “, He hammered. But “ I will probably interact with some of the most popular same on the BNB Chain “He said.
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Too bad for investors who lose their
As underlined by Mochi on X, Changpeng Zhao knew very well that only targeting any particular same, activity and volume were going to multiply on the BNB Chain. Others have been harder, especially the user of X @Crypto_Chanshi:
CZ's starting point is purely selfish; He does not hesitate to use all means to achieve his goals, trampling everyone's bones in order to restart the BSC. The bricks used for “build” are made of the corpses of others.
The former CEO of Binance also replied: “ The words are a bit hard, but it's an interesting approach. Yes, I wanted to see more activity on BSC. And I didn't want to get involved in the emission/management of a same, because I have no experience. And I thought the memes were led by the community. But I received the feedback. »»
Another, again:
I thought Cz transformed after coming – Became more spiritually aligned, more detached—But i don think that's the case at all… he is just like us – also whomeone who can take control of fomo/fear.
– hitesh.eth (@hmalviya9) FEBRUARY 14, 2025
I thought CZ had transformed after his release from prison, that he had become more spiritually aligned, more detached, but I do not think that is the case at all … He is like us, someone who cannot control his fear.
The results hoped for by CZ are there, the activity on the BNB Chain has increased well during the last 24 hours, making the double of volume on the day before, but far from establishing records.
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In return, the main same in the image of Broccoli, the CZ dog, collapsed.
The first same samerole broccoli increased from $ 400 to $ 30 million in capitalization in an hour. The second broccoli dropped $ 100 to $ 14 million in 5 hours. As for the third, it went from 60 to 5 million dollars in 2 hours. Many others have come down as quickly as they have mounted, leaving investors on straw.
Was the game worth the candle?
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