CZ: For Meme coins to last, they must have a very strong cultural element

Odaily News CZ responded on Binance Square regarding how retail investors can navigate Meme coins, stating, "I think the issue is with my tweets. I tweeted that if you buy Meme coins created by people based on my tweets, you will definitely lose money. Many people generate Memes based on my tweets. If you buy all of them, you won't succeed. I'm not a very good Meme Trader; I don't know what the correct strategy is for some creators to make money. So, if you buy all the Memes people create based on my tweets, you will lose money. If you are a Meme creator, you must develop your own strategy. I don't know what the correct strategy is, but I believe for Meme coins to last, they must have a very strong cultural element. If you look at some of the more enduring Memes, like DOGE, FLOKI, etc., they have lasted a long time, while new Memes carry higher risks."