Binance founder and former CEO Changpeng “CZ” considers allowing the launch of a memecoin based on his dog, which he says is not a Shiba Inu.
The dominance of memecoins in the current crypto market cycle does not look ready to die out anytime soon.
After a whirlwind weekend marked by a speculative frenzy around tokens like the BNB Chain-based TST token, JAILSTOOL, inspired by Barstool founder David Portnoy, and a Central African Republic memecoin, so-called crypto degens already have their eyes on the next play: former Binance CEO Changpeng “CZ” Zhao‘s dog.
“Name and Photo Ser”
Former Binance CEO Changpeng “CZ” is considering allowing the launch of a memecoin based on his dog.
In what started out as a casual conversation about Bitcoin’s struggles to stay above the $100,000 price point, the Binance founder, responding to a question from a community member, revealed that he had a pet Belgian Malinois, confirming that it is not a Shiba Inu dog.
This revelation prompted another question: “name and photo ser,” which in the crypto trenches can only mean one thing: community members are looking to seize an opportunity to launch their next memecoin gamble.
Despite being fully aware of the implications, Zhao has indicated that he is not fully closed off to the idea.
After seemingly taking some time to learn the rules of the game, he noted that he would think the proposition over and might even interact with some memecoins on the Binance-backed BNB chain while at it—a daring plug, or just part of the learning process?
Got the answers now. Pretty interesting how things work. Will mull it over for a day or so, as usual for big decisions😂. Respect his privacy, or dox the dog for the cause? Oh well, might even interact with a couple of the memes on BNB Chain. 🤣
— CZ 🔶 BNB (@cz_binance) February 12, 2025
A quick look at popular DeFi tool DEXScreener, however, suggests that not all community members appear to be willing to wait for the Binance founder. Notably, a memecoin called TORO, claiming to be “CZ’s dog,” ranks 4th on the platform’s trending list.
The coin saw its market cap peak at $4.8 billion before crashing nearly 100% to about $100,000 at the time of writing.
Interestingly, just days ago, the Binance founder was trying to distance himself from memecoin speculation after the TST saga.
“I haven’t bought a single meme coin so far,” Zhao told his nearly ten million followers on X, as he argued that he was “not into” memecoins but “not against” them as well.
“I am a builder. I always focus on fundamentals,” he added.
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