Binance Founder Zhao Changpeng Calls for Focus on Real Applications Amid Concerns Over Two BNBChain Memecoins' Sharp Price Drop

Zhao Changpeng, the founder of Binance, has expressed concerns about the current state of meme coins, stating that they are becoming "a little weird now."

He emphasized the need for the cryptocurrency industry to focus on building real applications using blockchain technology. This statement comes in the wake of Binance's recent launch of two BNBChain memecoin futures, which experienced a significant price drop shortly after their introduction. The sentiment among industry observers suggests a growing frustration with the proliferation of meme coins and a call for a return to more substantive projects within the sector.

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