According to CoinMeta, Binance founder Zhao Changpeng ( CZ ) denies that his tweets will affect the crypto market, stating that even if the timing seems perfect, it is not the case. He responded to speculation about his tweet on August 19th causing a 20% increase in Bitcoin prices, saying that he was not aware of Trump's speech in advance. He pointed out that the tweet was based on references to future actions and called it a coincidence rather than insider information. Zhao Changpeng also mentioned that the penetration rate of the global crypto market is still below 1%, believing that there is still significant room for growth in the market.