CZ: Most memecoins lack longevity, DOGE a likely survivor

Binance founder Changpeng Zhao stated that most memecoins are highly speculative and unlikely to survive in the long term, speaking at the 2026 World Economic Forum (WEF) annual meeting in Davos, Switzerland. He added that only a few cryptocurrencies with a strong cultural foundation, such as Dogecoin (DOGE), have the potential for long-term viability. Zhao also predicted that the number of physical bank branches will decrease significantly within the next 10 years, driven by advancements in blockchain and Know Your Customer (KYC) technology.