BlockBeats News, November 26th, CZ responded on social media, saying, "I did not try to end the MEME coin frenzy. Everyone has their own choice to decide what to invest in or hold. Just want to encourage more builders."
Earlier, CZ wrote, "I am not against Meme, but Meme coins have now become 'a bit' strange. Let's use blockchain to build real applications."
In response, a community user said, "Even Musk is a supporter of MEME coins. It is indeed difficult to end this frenzy, but we can continue to advocate for higher quality MEME coins, as well as MEME coins with true community consensus. Otherwise, 98% of MEME coins are garbage, and this is happening."