CZ suggests the community for Meme Coin is inspired by its dog

Changpeng Zhao, founder and former CEO of Binance, said he would look at a societal proposal to create a MIM coin inspired by his pet.

The idea appeared after the exchange of viral social media that the user prompted to reveal his dog’s name and image.

A possible change in perspective

The discussion started when the X Crypto Kemal user, from Chek Chic Chic, asked to share details about his pet. He answered curiousness, writing, “A beginner’s sincere question. How does this work? I share the name and image of my dog, then people create Mimi coins? How do you know which one is “official”? Or does this matter. “

After spending some time to look at the conversation, the former CEO continued the idea “very interesting”. he I mentioned He thinks about it for a day or so, as it usually does when making important decisions. He also stated that he may start dealing with the memes on the BNB series.

His comments sparked speculation that he was preparing to launch a Mimi symbol, causing merchants’ reaction in anticipation. While the Binance founder has not yet confirmed any plans, some members of society took matters with their hands by launching their own currency.

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CZ BNB (CZ_Binance) February 13, 2025

Data From Dexscreener reveals that a newly launched symbol, Toro, which distinguishes itself as “CZ’s Dog”, has already gained traction on the platform. Toro briefly reached the maximum market of $ 4.8 million before declining about 300,000 dollars at the time of this report.

CZ position on Mimi currencies

This development is particularly noticeable due to the 48 -year -old position on the assets category. The former CEO has previously expressed doubts about Mimi currencies. In November 2024, the trend was described as “a little strange” and urged developers to focus on building the process of Blockchain process instead of speculative symbols.

Recently, Zhao has treated the issues surrounding Mimi coins after a test code incident. On February 9, Binance published an educational program on how to launch a symbol. However, TST, the test code used in the demonstration, saw a sudden increase in value as traders rushed to buy it, and turned it into a functional currency.

Chic Chic Styles quickly explained that Binance had no participation in launching the distinctive symbol. In addition, the executive authority also talked about the Binance menu. He criticized the exchange approach, noting that the menus are announced only four hours before work.

In a pursuit of X, Zhao later said he hadn’t built any coins. He also said that although he was not personally interested in it, he had no objection to their existence. He added that he saw himself building, focusing on the basic Blockchain development.