Changpeng Zhao, former CEO of the world’s largest crypto exchange Binance, denied he would launch his own dog-themed memecoin on Thursday, ending online speculation that had started earlier in the week after he mentioned having a pet dog.

Binance co-founder Changpeng Zhao, also known as CZ, is considering launching a meme coin inspired by his pet dog.

Changpeng "CZ" Zhao just told the world about his dog—and BNB Chain and Solana meme coin creators and traders alike went wild over the news.

Changpeng Zhao thinks Binance's crypto asset listing process is "a bit broken." Zhao, who co-founded the exchange, recently took to the social media platform X to discuss Test (TST), a test token launched by the BNB Chain team for a tutorial video on how to create memecoins using its Four.

Changpeng Zhao, the founder and former CEO of the world’s biggest cryptocurrency exchange, Binance (CRYPTO: BNB), said he will consider a community suggestion of creating a meme coin based on his pet dog,

Binance Coin (BNB) price rose as high as $622 on Monday, reflecting 9% gains over the weekend, as recent comments from Changpeng Zhao sparked intense market speculations. Binance Coin (BNB) emerged as one of the best-performing top 10 crypto assets over the weekend, posting a 13% rally.