Key Points
- CZ is exploring the idea of memecoin launches inspired by his Belgian Malinois dog.
- He also hinted at interactions with other coins on the BNB chain.
Binance’s founder, CZ, seems to be analyzing the community’s idea to launch memecoins based on his dog, a Belgian Malinois. After asking for suggestions via X, CZ jokes that the new memecoin based on his dog could even interact with other memes on the BNB Chain.
BNB Chain was recently under the spotlight following the launch of memes that sparked huge hype in the community.
CZ Considers Doxing His Dog For New Memecoins
Yesterday, CZ seemed to be interested in the community’s proposal to create a new memecoin after his dog. When someone said that to create the memecoin, a name and photo would be necessary, CZ responded with an “honest newbie question,” asking how this works.
He asked whether it’s enough to share his dog’s name and photo for people to create new memecoins, but also highlighted an important issue – which memecoin will eventually be considered as the official one, and if this even matters.
Which Memecoin is the Official One?
When someone told CZ that the first coin is the official one, Binance’s founder responded that he didn’t even know this until now.
Another follower offered CZ a more complex answer, saying that after he shares his dog’s info, hundreds of coins will be deployed and the one with the best cabal and community support wins.
Users explained to CZ that there will be multiple memecoins, and it’s all like a gamble – one of them will get lucky and start running, and the market usually sticks with the lucky one, making it a winner.
However, if more memecoins based on the dog’s photo and name are launched, the coin with the strongest community support will eventually be the winner, just like we’ve seen with other crypto projects such as Neiro and others.
After getting multiple answers, CZ said that it’s interesting how things work in the memecoin space, and joked that he will mull the issue over for a day or so, as he usually does when it comes to big decisions.
Respecting the Dog’s Privacy or Doxing It for the Cause?
He also said that he’d have to choose between respecting the dog’s privacy or doxing it for the cause.
CZ joked, saying that the new dog-based memecoin could even interact with other memes on the BNB Chain.
BNB Chain Recent Hype
The BNB Chain has been recently a lot in the spotlight following the launch of TST token via the four.meme platform and other projects that led to a surge in activity amidst the rising memecoin hype.
CZ’s story via X led to the creation of some memecoins on Pump.fun and four.meme – BNB Chain’s first meme fair launch platform.
Also, dog-themed coins have recorded price surges over the past 24 hours, following CZ’s interaction with the community via X, according to CoinGecko data.
SHIB surged by almost 4%, FLOKI is up by over 5% and BABYDOGE is up by almost 8% in the past 24 hours.
The crypto community is waiting to see whether CZ eventually releases a photo and the name of his dog to allow memecoin creation.
