Binance Founder CZ Drops a Bombshell: No New Projects, Just Mentoring! 😲

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So, Changpeng Zhao, or CZ as the cool kids call him, has decided he’s done with the whole “let’s build another crypto project” thing. I mean, really? This guy used to run Binance, the biggest crypto exchange out there, and now he’s like, “Nah, I’m good. I’ll just help other people.” What is this, a charity? 🙄

It’s a big change for a guy who once laughed in the face of skepticism and turned Binance into a titan of the crypto world. He recently tweeted about innovation, telling developers to “keep building.” But when someone asked him if he was going to start a new exchange, he was as clear as a New York bagel: 

“I won’t start a new project. Will help other founders.”

And of course, the crypto community went wild. A user named @Cryptoking had the audacity to remind everyone how CZ proved the naysayers wrong back in 2017 when Binance popped up like a surprise party in a market that supposedly had no room for another exchange. But now? He’s not looking to lead; he’s looking to play the role of the wise old sage. What a twist! 🎭

Bitcoin’s Rollercoaster Ride — CZ’s Investment Strategy

Now, let’s talk about Bitcoin. It’s been on a wild ride, dropping 15.70% from $99,336 to $83,754 in just a few days. I mean, come on! It’s like watching a toddler on a sugar high. But hey, it bounced back a bit, trading around $86,300. So, it’s like that friend who always says they’re “fine” but you know they’re just one bad day away from a meltdown.

In the midst of all this chaos, CZ reassured everyone that he hasn’t sold any of his crypto stash. Meanwhile, Samson Mow, the CEO of JAN3, is out here saying Bitcoin isn’t going back to $70,000. He’s basically saying, “Don’t worry, it’s all going to be fine!” while the rest of us are clutching our wallets like they’re our last slice of pizza. 🍕

The real #Bitcoin bull market is about to begin. Don’t let the drawdown and people calling for $0.07M fool you. Every single time there is a drawdown, “analysts” always come up with some reason for why we might go lower.

— Samson Mow (@Excellion) February 26, 2025

And speaking of portfolios, CZ’s is like a game of “How Much Do You Trust Binance?” He’s got 98.48% of his holdings in Binance Coin. I mean, that’s like putting all your eggs in one basket and then doing a little dance on it. He’s got a smidge of Bitcoin and some stablecoins, but let’s be real, he’s all in on BNB. Talk about commitment! 💪

CZ’s Crypto Portfolio Reveal: Risky or Brilliant? 📈🤔Today, Binance founder Changpeng Zhao unveiled his crypto portfolio, showcasing a massive 98.48% investment in BNB, reflecting his strong belief in its future. He also holds Bitcoin (1.32%), EURI (0.17%), and USDT (0.03%).…

— Cobak (@CobakOfficial) February 25, 2025

From CEO to Mentor: The CZ Transformation

With CZ stepping back from the CEO role, he’s now playing the mentor card. He’s involved with YZi Labs, which is basically a venture capital arm for tech innovation. It’s like he’s saying, “I’m done with the spotlight; let’s help the next generation.” What a guy! 🙌

And if that’s not enough, he’s also giving back. He donated 150 BNB to victims of the LIBRA memecoin scam. I mean, who does that? It’s like he’s trying to be the Robin Hood of crypto. 

Funny things in crypto. 🤷‍♂️When you try to make quick money, you often lose. When you give money away, you get more back. I donated 150 BNB (~$100,000 USD) to a university student who put up $50,000 of his own money to help Libra victims. (This student seems to have made good…

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2025-02-27 18:05