CZ responds to burning meme coins: will stop using the relevant address and donate BNB and "Binance Life" tokens to Giggle Academy
Odaily Planet Daily News CZ responded on the X platform to burning meme coins, stating: "Too many people are trying to over-interpret 'what does he mean by this?'"
Today I tested @TrustWallet. I found there were too many meme coins in my wallet, so many that it was hard to even find BNB, so I tried to burn some tokens. Even this action sparked a lot of community discussion.
I realized 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 flooded, but 99.99% of people would never use this feature.
So the plan is as follows: 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."
