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MainNewsBinance CZ F...

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


by Abdulkarim Abdulwahab
for CoinEdition
Dave Portnoy Admits to Profiting from Meme Coins in Viral Video, CZ Shares Reaction
  • 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 …

The post Binance CZ Finds Humor in Dave Portnoy’s No-Nonsense Approach to Meme Coin Speculation appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Meme Coin Floki Expands Into Robotics, Teams With Nvidia-Backed Rice Robotics

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MainNewsBinance CZ F...

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


by Abdulkarim Abdulwahab
for CoinEdition
Dave Portnoy Admits to Profiting from Meme Coins in Viral Video, CZ Shares Reaction
  • 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 …

The post Binance CZ Finds Humor in Dave Portnoy’s No-Nonsense Approach to Meme Coin Speculation appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Housecoin (HOUSE) Value Crosses $100 Million  | Meme Coins To Watch Today

Housecoin (HOUSE) Value Crosses $100 Million | Meme Coins To Watch Today

Meme coins managed to grab investors’ attention this week with their growth. One such...
Meme Coin Floki Expands Into Robotics, Teams With Nvidia-Backed Rice Robotics

Meme Coin Floki Expands Into Robotics, Teams With Nvidia-Backed Rice Robotics

Floki, the meme coin-turned-utility project, has announced a new partnership with Ric...