CZ: To ensure the continued success of Memecoin, they need very strong cultural elements.

According to Odaily Odaily, CZ, in response to a question on Binance Square about how retail investors can profit from Meme coins, stated, "I think the problem lies with my tweets. I tweeted that if you buy Meme coins created based on my tweets, you will definitely lose money. Many people generate Memes based on my tweets. If you buy them all, you won't succeed. I'm not a very good Meme Trader, and I don't know what the correct strategy is for some of my creators to make money. So, but if you buy all the Memes created based on my tweets, you will lose money. If you are a Meme creator, you have to develop your own strategy. I don't know what the correct strategy is, but I think for Meme coins to last, they must have a very strong cultural element. If you look at some of the more enduring Memes, DOGE, FLOKI, etc., they have lasted a long time, while new Memes are riskier."