Binance CZ Finds Humor in Dave Portnoy’s No-Nonsense Approach to Meme Coin Speculation

• Dave Portnoy openly admits to trading meme coins purely for profit, dismissing concerns about bad-faith trading.
• Binance’s Changpeng Zhao (CZ) reposts Portnoy’s video with a laughing emoji.
• The video reignited discussions on the risks and ethics of meme coin trading.

Binance Founder Changpeng Zhao (CZ) reposted a video from widely followed crypto day trader Dave Portnoy, adding a laughing emoji to Portnoy’s comments about the volatile nature of meme coin trading. 

In the video, Portnoy openly admitted to buying and selling meme coins purely for profit. Portnoy detailed his recent purchases of two meme coins, “Run Montoya” and “Josh Allen (MVP),” and made it clear that his goal was to sell them at a profit. 

“I’m trying to make money like every other of you,” he said, dismissing accusations of bad faith trading. He insisted that he was not launching his own cryptocurrency but was instead doing the same speculative trading that many others participate in.

Portnoy likened meme coin trading to the yodeling game from The Price Is Right, where the objective is to cash out before the market crashes.

He also dismissed complaints from traders who …

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