CZ's latest stance: Meme coin monopolization is a manifestation of decentralization, but with a failure rate of over 90%, caution is advised.

CZ has provided a new perspective on the meme coin market in his latest AMA. On one hand, he acknowledges the decentralization aspect of P small monopolizing early chips, but on the other hand, he continues to emphasize investment risks. This attitude is neither simply opposed nor encouraging follow-the-leader behavior but rather explains a more complex market reality.

Decentralization or Market Manipulation

In the Chinese AMA on January 14, CZ stated that the phenomenon of P small monopolizing early meme coin chips is, to some extent, a reflection of decentralization. This judgment warrants a closer look. His logic is: early investors in meme coins face risks, and subsequent buyers are also making independent research decisions; market participants are making decisions based on their own judgment.

This means CZ believes that the current meme coin market does not exhibit obvious coercive manipulation. While participants who monopolize early chips hold an advantage, later entrants have informed rights—they can see the distribution of chips and make their own choices.

The Complete Picture of Risk Warnings

But CZ’s attitude is definitely not one of encouragement. In a post on January 13, he explicitly stated that blindly following and trading meme coins on Twitter will likely result in losses. This statement is very straightforward. He also added that he usually tweets jokes and most of the time does not consider meme coins at all. The implication is: do not take his casual tweets as investment signals.

Regarding meme coins themselves, CZ provided an important standard for judgment:

• True memes need to have historical stories and references
• Only a very small number can have real value
• Meme coins have a failure rate exceeding 90%

This 90% failure rate is a key data point. In such a market environment, investors need to be responsible for their own choices.

The Rational Dilemma of Market Participants

There is an interesting tension here. CZ says no third-party intervention is needed, reflecting respect for decentralization principles. But at the same time, he keeps reminding investors of risks. This shows CZ’s stance: the market should operate freely, but participants must be rational.

The problem is that, in meme coin frenzy, rationality is often scarce. When a coin surges because of a single tweet from CZ, latecomers find it hard to stay calm. They see the gains, not the risks.

Implications for the Future Market

CZ’s remarks may have a subtle impact on the meme coin market. On one hand, he admits the existence of decentralization phenomena, which could be interpreted by the market as a certain level of approval. On the other hand, his risk warnings are clear enough—any investor who suffers losses because of this cannot claim they were not warned.

This balanced attitude reflects the thinking of a mature market participant: respecting market freedom while being responsible for the ecosystem.

Summary

CZ’s attitude towards meme coins can be summarized as: acceptance but caution. He believes that the current market phenomenon reflects decentralization and does not require forced intervention, but he continues to emphasize failure rates and warn about the risks of blindly following trends. This means investors cannot expect someone to be responsible for their decisions; the higher the market freedom, the greater individual responsibility. For those wanting to participate in meme coins, this is not an encouragement signal but a clear risk warning.