Binance’s CZ Says He Isn’t a Memecoin Trader but Supports the Community, Predicts $BTC $500k to $1M

Changpeng Zhao (CZ), the founder of Binance, claims that rather than trading memecoins, he helps the ecosystem by creating strong community infrastructure. CZ also believes that during the current market cycle, the price of Bitcoin might increase to between $500,000 and $1,000,000.

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Nausheen Thusoo
Nausheen Thusoo
Nausheen has three years of devoted experience covering business and finance. She is aware of the constantly changing financial landscape, especially in the rapidly growing cryptocurrency space. Her ability to simplify difficult financial ideas into understandable stories and her analytical thinking make her articles valuable for both novice and experienced readers.She has written about a wide range of subjects, including investing methods, market trends, and regulatory changes pertaining to the cryptocurrency industry. She has worked with Reuter, Coingape and Bankless times. Nausheen blends a talent for narrative with meticulous research skills. She is also skilled at establishing connections with business leaders so they can offer unique perspectives and interviews that enhance their reporting

Changpeng Zhao (CZ), the founder of Binance, recently explained that although he does not trade memecoins directly, he actively supports the ecosystem by concentrating on creating strong community infrastructure.

In a recent podcast interview, CZ highlighted his confidence in empowering developers and users by offering dependable platforms, tools, and services that can support the success of memecoin initiatives.

His remarks coincide with a spike in trading activity for memecoins, especially on the Solana blockchain.

CZ’s position reflects a larger trend in the business where big players promote community development through technical assistance and innovation rather than conjecture.

By emphasizing infrastructure, CZ hopes to give memecoin creators and traders the fundamental tools they require to grow and expand their businesses in an ethical manner.

Binance’s CZ Sees Bright Future For Bitcoin

According to Changpeng Zhao (CZ), the founder of Binance, the price of Bitcoin may rise to between $500,000 and $1,000,000 within the current market cycle.

According to his forecast, the demand for Bitcoin as a hedge is still being driven by positive macroeconomic factors including rising inflation and currency devaluation, as well as growing institutional interest and wider acceptance.

CZ’s optimistic outlook is in line with a larger surge of assurance among prominent figures in the cryptocurrency sector who see Bitcoin as a developing asset class with long-term promise.

He underlined that although there will likely be some short-term volatility, Bitcoin’s overall direction is still upward due to growing worldwide awareness and a limited supply.

CZ also highlighted the importance of regulatory clarity and technological advancements in scaling infrastructure to support widespread adoption.

Though ambitious, his forecast underscores the transformative potential he sees in Bitcoin, especially as it becomes further integrated into global financial systems.

Also Read: Binance Co-Founder CZ Predicts Blockchain Powered App Could Reach 100 Million Users Within Days, Here’s Why?

CZ Dismisses CEX vs. DEX Debate, Calls Both Vital to Blockchain Growth

Binance founder Changpeng Zhao (CZ) recently addressed the ongoing debate between centralized exchanges (CEX) and decentralized exchanges (DEX), arguing that framing them as opposites is misleading.

According to CZ, centralized exchanges serve as critical onramps to the decentralized blockchain ecosystem, making crypto more accessible to the mainstream.

He emphasized that without CEXs, many users—especially newcomers—would struggle to navigate the complexities of Web3, such as managing wallets or interacting directly with smart contracts.

CZ views centralized platforms not as contradictions to decentralization but as necessary infrastructure that supports its growth. He also highlighted that many CEXs, including Binance, actively contribute to the development of decentralized tools and services.

The goal, he said, is to offer choice while gradually improving user experience across both models.

Rather than CEX versus DEX, CZ believes the real focus should be on building a more inclusive and efficient blockchain ecosystem for all users.

Also Read: Binance’s CZ Highlights Pakistan’s Crypto Potential, Says “It’s an Active Crypto Market”

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