CZ explores creating a meme coin inspired by his dog, hints at BNB Chain interactions

Key Takeaways

Binance’s former CEO is contemplating launching a meme coin impressed by his Belgian Malinois canine.
The coin might work together with present meme cash on BNB Chain if it is launched.

Changpeng Zhao (CZ) is mulling over launching a meme coin impressed by his Belgian Malinois canine, which could additionally work together with different meme cash on BNB Chain. He didn’t explicitly endorse any particular initiatives.

The co-founder and former CEO of Binance on Wednesday revealed that he has a pet canine, in response to a self-described long-time BNB holder. The change prompted one other crypto neighborhood member to ask for the canine’s title and picture, suggesting he would possibly wish to use it to create a meme coin.

CZ, conscious of the state of affairs, retweeted the inquiry and acknowledged that he was genuinely interested by the way it works.

“Sincere beginner query. How does this work? I share my canine’s title and film, after which folks create meme cash? How are you aware which one is “official”? Or does that even matter?” CZ acknowledged, including that he acquired quite a few requests for his canine’s title and film.

In a follow-up tweet, CZ stated he bought the solutions. The co-founder of Binance informed his 9.6 million followers that he discovered the entire course of “fairly attention-grabbing.”

“Will mull it over for a day or so, as typical for giant choices,” CZ famous, humorously weighing in whether or not he ought to shield his canine’s privateness or “dox the canine for a trigger.”

This story led to the creation of quite a lot of meme tokens on Pump.enjoyable and 4.meme, the primary meme honest launch platform on BNB Chain.

High dog-themed cash additionally noticed their costs soar over the previous 8 hours, based on CoinGecko information.

This got here briefly after CZ posted about BNB Chain’s instructional video demonstrating tips on how to launch a meme token on the 4.meme platform, which inadvertently revealed the TST token ticker.

The token surged to a $52 million market cap following CZ’s put up. The video was already eliminated, and CZ additionally clarified that TST just isn’t an official BNB Chain token.