CZ: Developers should not be overly concerned with short-term price action, but token projects should continue to update and engage with the community

On February 12, Binance founder Changpeng Zhao (CZ) said during an AMA session: “I’d tell builders in this space to just ignore the market—whether it’s up or down. Over the long haul, the market will grow; Bitcoin, major cryptocurrencies, and even most mainstream public chains today will perform well, I believe. As a builder, don’t sweat the daily price swings. Focus on building apps people actually use—because folks don’t pick an app based on your token’s price; they care about what it does: a wallet, trading tools, a stablecoin for payments, tokenized assets, or any other long-term useful application. One key point: if you’ve issued a token, keep up consistent product updates. That way your token holders get a clear picture of your progress and roadmap—so they can better weigh the risks and opportunities of holding your token. Also, communicate with your community often.”