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CZ Responds to the Destruction of Meme Coins in Wallets: “Instead of Sending Them to My Address, You Might as Well Send Them Directly to a Black Hole Address”
13/07/2026 03:09
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Svmuu News: CZ posted on X stating that the recent burning of popular meme coins was because he hadn’t checked that wallet in a long time. When he opened it, he found there were too many tokens—tens of thousands—and the software’s display was not user-friendly. He has since submitted a suggestion and conducted tests. Instead of sending tokens to your own address, it’s better to send them directly to a black hole address—it saves a step and is more direct and effective. The black hole address is 0x000000000000000000000000000000000000dEaD.
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