CZ says he likes memes but not reckless meme coin trading.

Binance’s co-founder Changpeng “CZ” Zhao on Tuesday warned traders about the risks of investing in meme coins that are created in response to his tweets, noting that these investments are likely to result in losses.

“If you are going to ape into every meme coin people create based on my random tweets, you are almost guaranteed to lose money,” CZ wrote via his official X account.

He clarified he is not opposed to meme coins and enjoys memes, but noted his posts are often casual jokes made without consideration of potential token launches.

“I just tweet as I do, with stupid not-so-funny jokes, not thinking about memes,” he added.

When asked about his favorite meme of all time, CZ pointed to BNB, the native crypto asset of the BNB Chain ecosystem.

In October 2025, a meme coin on the BNB Chain called “4” spiked hours after launch, allowing early buyers to post massive gains, including one wallet that saw a $3,000 position climb to around $2 million. The rally followed a post from CZ and was amplified by heavy trading in a low-liquidity pool.