CZ: 90% of tokens will eventually return to zero, and memes should be driven by the community rather than individuals

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CZ stated at the BNB Super Meetup that he personally believes the current industry is overly focused on meme, which is somewhat unhealthy. Regarding long-term holding, he thinks 90% of Tokens will go to zero, and when making holding decisions, one should focus more on fundamentals, such as whether there is a good product and real users. Previously, BNB chain did not receive enough attention from Binance, which led to missing out on the meme craze, which was a mistake. He considers his personal learning about meme a bit of a failure, and believes meme promotion should be more community-driven rather than led by himself. With plenty of free time, he spends a lot of time on Twitter and is not too bothered by negative comments. He believes that most people rushing into on-chain meme is not a healthy investment approach and advocates for a more long-term perspective.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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