Changpeng Zhao’s Recent Memecoin Involvement

Changpeng Zhao, the founder and former CEO of the world’s largest cryptocurrency exchange, Binance, has recently been making headlines with his involvement in the memecoin space.

Recent data shows that Zhao, one of the wealthiest individuals in cryptocurrency, holds a significant number of memecoins. Initially, the address of his cryptocurrencies was unknown, but following a donation from an address, his wallet address for memecoin transactions was disclosed.

It’s crucial to understand that Zhao did not purchase most of these memecoins himself; instead, they were tokens sent to him by developers looking to gain attention. Below are the tokens found in Zhao’s known cryptocurrency wallet, according to Arkham data:

• HOLD: $1,070,000
• BNB: $1,040,000
• BROCCOLI: $894,690
• MUBARAKAH: $869,380
• BROCCOLI: $505,930
• QUQ: $409,670
• BUBB: $218,020
• BNB CARD: $198,200
• SIREN: $141,010
• RICO: $54,450
• BNBXBT: $29,660
• GOUT: $12,580
• POGAI: $12,150

This list only includes assets valued over $10,000, with Zhao having approximately $5.5 million in total assets in this wallet.

Additionally, according to GMGN data, the largest address holding QUQ tokens on the BNB Chain has been identified as “Changpeng Zhao” by the blockchain explorer, possessing 8.48% of the total tokens.

QUQ was recently added to Binance Alpha.

> This is not investment advice.