Changpeng Zhao, the founder of Binance, has indicated that he will focus on BNB Chain, the cryptocurrency network associated with the exchange. Despite stepping down as Binance CEO and facing legal issues, Zhao expressed his intention to release BNB Chain "from its cage" and retweeted a post suggesting that he cannot be held captive. He recently launched a memecoin platform on BNB Chain, with the first memecoin, Test (TST), gaining significant market capitalization before experiencing a drop in value.



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