CZ Discusses Meme Coins, Bitcoin Price Outlook and Prediction Markets in Chinese AMA
CZ held a Chinese AMA on Binance Square on Jan. 14, addressing meme coin trading, market cycles and prediction markets, BlockBeats reports. He said he appreciates meme culture but has limited interest in trading meme tokens, prefers to strengthen BSC infrastructure, and stressed that most meme coins fail while only a few with history or stories may endure. CZ added he remains long-term bullish on Bitcoin with $200,000 "a matter of time," still holds a large amount of BNB and sees substantial price potential without giving a specific target, and strongly advised newcomers against leveraged derivatives because of volatility. He described prediction markets like Polymarket as a promising but early track with few capable market makers and significant regulatory uncertainty ahead, and contrasted Binance Square's KYC-completed users who can trade directly with X's planned smart asset labels that may require users to undergo a KYC process.