CZ Responds to Burning Meme Coins: Will Stop Using the Address and Donate BNB and "Binance Life" Tokens to Giggle Academy

Odaily News: CZ responded on the X platform to the burning of Meme coins, stating: "Too many people are trying to over-interpret 'what does this mean?'"

Today I tested @TrustWallet. I found too many meme coins in the wallet, so many that it was hard to even find BNB, so I tried to burn some tokens. Even this operation sparked a lot of community discussion.

I realize that I will never be able to "clean up" the meme coins on this address. The more I burn, the more people will send coins to this address.

The transparent nature of blockchain means that any operation on this address will be over-interpreted by the community.

I even thought about asking the Trust Wallet team to create an "Ignore Coin" feature to prevent the interface from being cluttered, but 99.99% of people would never use this feature.

So here's the plan: I will donate the BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy. After that, I will stop using this address and turn it into a burn address."