The post Binance Founder CZ Reveals Guaranteed Way to Lose Money on Meme Coin appeared on BitcoinEthereumNews.com. Binance founder Changpeng Zhao has stepped inThe post Binance Founder CZ Reveals Guaranteed Way to Lose Money on Meme Coin appeared on BitcoinEthereumNews.com. Binance founder Changpeng Zhao has stepped in

Binance Founder CZ Reveals Guaranteed Way to Lose Money on Meme Coin

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Binance founder Changpeng Zhao has stepped in to cool down one of crypto’s most popular side hustles: minting and trading meme coins inspired by influencers’ social media posts. Basically, CZ told his followers that buying any meme coin based on his tweets is “almost guaranteed” to lead to losses.

CZ said he is into memes, but he does not want people creating meme coins for every random tweet he posts. 

Source: TradingView

It is interesting that this comment came after the incident on Jan. 1, when someone apparently took over a market maker’s Binance accounts, used stolen money to buy spot BROCCOLI and then ran a coordinated scheme using futures contracts.

Broccoli is the name of Zhao’s dog, which he revealed on X last year, triggering a wave of meme coins. Now, one of them has turned into a problem.

What’s happened?

The setup was pretty standard: they bumped up the price of a coin with low liquidity using internal volume, then rode the inflated futures position, and finally exited through some orchestrated trades. With not-so-deep order books and demand that was not entirely real, BROCCOLI turned out to be the ideal choice.

You Might Also Like

The irony is that CZ’s tweets — ranging from crypto jokes to food pics — have long been treated as alpha by the community. And as can be seen in the Broccoli example, Zhao himself is not against shaking up the space in such a manner. But the billionaire founder made it clear this week: he is not giving out financial advice, he is just posting whatever he feels like.

This warning comes at a time when traders are using meme reactions as signals. This time, though, the signal is coming from CZ himself — and it is a stop sign.

Source: https://u.today/binance-founder-cz-reveals-guaranteed-way-to-lose-money-on-meme-coin

Market Opportunity
Memecoin Logo
Memecoin Price(MEME)
$0.0005745
$0.0005745$0.0005745
-1.52%
USD
Memecoin (MEME) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unlimit Appoints Irene Skrynova as CEO, Global Payments

Unlimit Appoints Irene Skrynova as CEO, Global Payments

Unlimit announced the appointment of Irene Skrynova as CEO, Global Payments, as the company accelerates its evolution into a global financial infrastructure platform
Share
ffnews2026/03/12 18:17
Economic policies are chasing investors away from US – Mercer

Economic policies are chasing investors away from US – Mercer

The post Economic policies are chasing investors away from US – Mercer appeared on BitcoinEthereumNews.com. A wave of clients are shifting away from U.S. assets as investors react to President Donald Trump’s trade and interest-rate agenda, according to Mercer LLC. The consulting firm says concern over tariffs, pressure on the Federal Reserve, a swelling budget deficit and the risk of a softer dollar are pushing money to Europe, Japan and other markets. Hooman Kaveh, Mercer’s global chief investment officer, said a rising share of the firm’s 3,900 clients, together overseeing about $17 trillion, are reducing U.S. exposure. The opening weeks in the early phase of Trump’s second term “has been a trigger for genuine diversification,” he noted in an interview this week. “We’re certainly seeing that in client portfolios where flows are toward diversifying markets, geographies, asset classes, currencies.” Market nerves were evident in early April after Trump’s “Liberation Day” announcement, when both U.S. stocks and Treasuries fell before rebounding. Even so, U.S. shares have trailed many overseas benchmarks in 2025 for dollar-based investors. Kaveh said investors are struggling to price the tariff path because the effects can cut two ways: either squeeze company margins or get passed through to consumers and lift inflation. “If you have a situation where tariffs are going to push prices up, and the weaker dollar potentially can increase inflation, that would cause the Fed much more of a challenge to cut rates,” he added. As mentione in a Bloomberg report, he called the White House’s preference for a weaker dollar “the Achilles heel to the current approach” since it can magnify the inflation impulse from tariffs. Where the money is going Trump’s repeated criticism of Chair Jerome Powell, saying he has been slow to lower borrowing costs, along with the president’s move to fire Governor Lisa Cook, is further encouraging clients to step back from the U.S., according to…
Share
BitcoinEthereumNews2025/09/18 13:17
UiPath (PATH) Stock Slides 5% Despite Crushing Earnings on Every Metric

UiPath (PATH) Stock Slides 5% Despite Crushing Earnings on Every Metric

TLDR UiPath beat Q4 estimates with EPS of $0.30 vs $0.26 expected, and revenue of $481M vs $465M expected The stock fell more than 5% in premarket trading despite
Share
Coincentral2026/03/12 18:09