Andre Cronje, a prominent figure in the decentralized finance (DeFi) space, cautioned Binance CEO Changpeng Zhao (CZ) against launching a meme coin based on his dog. Cronje warned that such a move could attract scammers and result in financial losses for CZ's community. Cronje advised CZ to fairly launch the project himself to prevent potential scams. CZ had previously hinted at the launch of a dog-themed meme coin, which caused concerns about insider trading and fraudulent tokens among community members. The issue arose after CZ accidentally revealed the ticker for a token, TST, causing its market cap to surge to $52 million.



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