Binance News: CZ’s Critique of Crypto AI Projects and Market Trends

In the ever-evolving world of cryptocurrencies, Binance co-founder Changpeng Zhao, alias CZ, has recently weighed in on the burgeoning field of crypto AI projects. His insights, coupled with market trends, provide a fascinating look into the current state and future potential of this emerging sector.

CZ Criticizes Profit-Oriented Crypto AI Projects

Binance co-founder Changpeng Zhao, known as CZ, criticized developers of crypto AI projects for focusing too much on their tokens rather than the actual usefulness of their AI agents. CZ recommended developing a good agent first and launching a token only when there is product-market fit. Despite this, the crypto AI market capitalization increased significantly in late 2024 and early 2025.

Pi Network’s Price Decline and Future Prospects

Pi Network has dropped by 3% in the past 24 hours to $0.6769 amidst new import tariffs announcement by US President Donald Trump. The coin has lost 19% in the past week and 58% in the last 30 days, down by 77% since reaching a record high of $2.99 on February 26. The decline is attributed to macroeconomic factors and a lack of new exchange listings. However, support from exchanges like Binance could potentially return Pi Network to former highs.