Changpeng Zhao, commonly referred to as CZ, has publicly stated that he has never purchased any meme coins or NFTs, focusing instead on investing based on fundamentals.

CZ highlighted that increased regulatory scrutiny might have prompted projects to launch meme coins in lieu of utility tokens. He noted the role of agencies like the SEC in shaping the market.

CZ acknowledges the volatile nature of meme coins but maintains a neutral stance, supporting altcoins instead. His insights reflect the ongoing tension between speculation and tangible value in the crypto space.