Binance founder Zhao Changpeng said his recent meme coin burn transactions were not intended to send a market signal and were instead part of a test on Trust Wallet. He said the wallet held so many meme coins that even BNB was hard to find, prompting him to try burning some tokens. Zhao said the effort quickly became self-defeating because the more tokens he burned, the more people sent additional coins to the same address. He added that blockchain transparency made any activity on the address easy for the community to scrutinize and overinterpret. Zhao also said he had considered asking the Trust Wallet team to add an "Ignore Coin" feature so unwanted tokens would not crowd the interface, though he said 99.99% of users would probably never need it.