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Binance CEO Surprised by Dogecoin's Longevity, Credits Elon Musk's Influence

Binance CEO Changpeng Zhao expressed surprise at the longevity of dogecoin, a memecoin that he thought would have disappeared a long time ago. He attributed its extended lifespan to Tesla CEO Elon Musk, who has been a vocal supporter of the token and continues to tweet about it.

Despite not being a fan of memecoins, Binance lists them and recently supported pepe. Zhao personally prefers tokens with utility and only holds bitcoin and Binance's native token BNB. Dogecoin is currently the ninth largest cryptocurrency in the world, with a market capitalization of over $10 billion.

Binance Changpeng Zhao
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