On January 23, Binance CEO Changpeng Zhao (CZ) addressed a discussion post that misrepresented his stance on meme coins. The post had taken CZ’s comments out of context, incorrectly framing them as “memes are going to cool off.” His actual remarks were: “Most meme coins won’t go very far—those with cultural value can exist long-term.” He stressed objectivity and neutrality, not disparagement of meme coins. CZ also commented: “It’s impossible to guard against this. Rumors, hate speech, and conspiracy theories always hit public sentiment harder. Investors who follow these emotions without verification often get stuck in a cycle of repeated losses in the industry.”

Whataboutism: Cherry-picking and exaggeration make it impossible to guard against, while conspiracy theories are even more effective at sway...

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