CZ Changes Tune on Meme Coins: $1M Giggle Academy Boost Shows Real Utility

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  • CZ now sees real utility in meme coins after $1M donation.
  • Giggle Academy remains a fully on-chain, zero-revenue crypto platform.
  • BNB hits all-time highs as meme coin spotlight grows.

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Binance founder Changpeng Zhao (CZ) has dramatically shifted his view on meme coins, following a surprising $1 million donation to his education platform, Giggle Academy—90% of which came from a single meme coin. Once skeptical about the sector, CZ now sees tangible utility in these digital assets.

From Skeptic to Supporter

Just a year ago, CZ was vocal about meme coins spinning “out of control.” Fast forward to September 2025, and his perspective has changed completely. “This will forever change my perception of meme coins. Meme coins have utility,” Zhao stated. The donation, generated by a token with a modest $5 million market cap, contributed $900,000 in fees in a remarkably short period. This unexpected success has prompted Zhao to reconsider the role of meme coins in funding innovative projects like Giggle Academy.

Giggle Academy’s Transparent Crypto Approach

CZ clarified that Giggle Academy will remain a zero-revenue, fully on-chain platform, accepting only cryptocurrency donations. All contributions, including meme coins, will be converted into major altcoins to support the platform’s growth and operations. Zhao emphasized transparency and traceability, ensuring every donation is fully accountable and blockchain-verified.

While some community members, such as Rune Crypto, suggested CZ hold meme coin reserves or anticipate $100 million in donations by 2026, Zhao declined. However, he did express curiosity about the token’s mechanics, including smart contract functionality, signaling a cautious yet open approach.

BNB Surges Amid Meme Coin Spotlight

The meme coin excitement coincides with BNB reaching a new all-time high of $1,088, with strong buying momentum keeping it near $1,026 at the time of writing. Binance remains a key player in altcoin markets, even as other digital assets face selling pressure, reinforcing Zhao’s continued influence in crypto.

CZ’s about-face on meme coins underscores a broader shift in the crypto ecosystem: even unconventional tokens can generate real-world value, especially when supporting innovative initiatives like education. Giggle Academy may now serve as a model for leveraging meme coins responsibly, while Binance’s ecosystem remains a central hub for digital asset adoption.

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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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