CZ calls BSC meme coin ecosystem ‘immature’ amid surge in meme coin activity
The founder of Binance, Changpeng “Cz” Zhao, called the ecosystem of the piece even on the smart channel BNB “Immature” to be able to manage the arrow demand caused by a sudden increase in the activity of the same.
In his recent PublishCZ said that the ecosystem of the play even on the smart channel BNB is “immature”. His comments arise in the wake of the recent increase in the activity of the same, partly motivated by a frenzy of parts even on the theme of dogs launched on the platform after CZ shared an article on X with sound Company dog named Broccoli.
Earlier, BNB Smart Chain spear His native test piece (TST), which was initially created as part of a tutorial video for four.meme Launchpad. Although it was not intended for negotiations, TST experienced an amazing overvoltage of 2,000% before its list of binanchers, reaching a summit of $ 0.56 before stabilizing at around $ 0.11, according to THE Coinmarketcap. Media threshing was so intense that it contributed to increased activity on the BNB channel, with Pancakeswap, a decentralized exchange built on the BNB channel, exceeding Uniswap in terms of daily and weekly negotiation volumes.
In his X postCZ has recognized that while the pieces even flood the BNB smart chain, the infrastructure that supports them is still struggling to meet growing demand. He described the ecosystem as “Immature” and explained that system performance problems are common in emerging platforms. “Without request or real traffic, systems can never be adjusted perfectly. You might think that they should test it in advance, and I’m sure they are doing it, but the real traffic models are always different. On the right side, there is now a request, and the platforms will improve, but with a certain pain, “he said.
Is the BNB smart channel at the dawn of a season of memes?
Harrison SELETKY, Director of Business Development at Space ID, said That the launch of TST could be the catalyst for a season of memes parts on the BNB channel. He noted that even if the idea of a boom in the piece even on BSC may have seemed unlikely at the beginning, it could ultimately prove beneficial for the platform. More trading of coins, argued Seletky, would bring additional liquidity to the network, would attract new users and engage the existing community more.
With pieces of memes of broccoli flooding the BNB, the prediction of Seletky after the TST overvoltage seems to be realized. If this trend continues, the infrastructure of the BNB channel will have to evolve quickly to manage the growing wave of traffic and demand.
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