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CZ comments on "P Little Player's Monopoly of Meme Coins Early Chips": No need for third-party intervention for now
On January 14, CZ commented during a Chinese AMA that the phenomenon of “P Little General monopolizing meme coin early chips” is, to some extent, a manifestation of decentralization. Early investors in meme coins also face certain risks, and subsequent buyers are also engaging in independent research. CZ believes that this phenomenon does not currently require third-party intervention. Regarding CZ’s tweet that sparked meme hype, CZ stated that true memes need to have “allusions, historical stories,” and only a very small number can truly have value. CZ mentioned that meme coins have a failure rate of over 90%, and investors need to be responsible for their own choices.