CZ: BTC may reach US$500,000 to US$1 million this cycle, and it is more optimistic about the combination of blockchain and AI, scientific research and other fields than Meme Co., Ltd.

PANews reported on May 6 that Binance founder CZ (Zhao Changpeng) recently shared his feelings about prison life, Trump's views on the future development of the crypto industry in an interview. CZ said the prison experience has made him value health and family more and gained a new understanding of priority in life and work. He also mentioned that the Trump administration’s support for cryptocurrencies has brought positive changes to the industry and believes that the shift in the U.S. policy is crucial to industry development.

When talking about the crypto industry, CZ pointed out that although the market has paid more attention to Memecoin recently, he is more optimistic about the combination of blockchain with AI, scientific research and other fields, and expects that decentralized exchanges (DEX) will surpass centralized exchanges (CEX) in the future. In addition, CZ revealed that it currently helps entrepreneurs more as mentors and consultants, and no longer plans to re-lead Binance or create new crypto projects.

For the future price of Bitcoin, CZ predicts that this cycle may be between $500,000 and $1 million. He also stressed that the industry needs to focus more on long-term value than short-term speculation.