He Yi: Taking things out of context and over-interpreting are unstoppable, and conspiracy theories can further sweep through public sentiment.

On January 23, CEX CEO He Yi responded to a discussion post by CZ regarding his views on meme coins. The post indicated that CZ’s opinion on meme coins was taken out of context and overly interpreted as “meme coins are doomed.” CZ’s actual words were: “Most memes won’t go very far, those with cultural value can exist long-term.” The statement is objective and neutral, not a critique of meme coins. He Yi commented, “It’s hard to guard against. Rumors, hatred, and conspiracy theories always tend to sway public emotions more easily. Investors who like to follow such emotions without verification often become a group that repeatedly suffers investment losses in the industry, cycle after cycle.”