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Trader Turns $68,700 Into $9.4 Million on BNB Chain’s ‘4’ Memecoin

A trader saw a massive 650x return on BNB Chain’s ‘4’ memecoin after CZ’s post on X, holding onto nearly $2 million worth of the token.

BNB

Summary

A trader became one of the first buyers of BNB Chain's ‘4’ memecoin, investing $3,000 in BNB. The token’s price surged rapidly, resulting in a $2 million return within hours. The trader still holds $1.88 million worth of the token, with ‘4’ now ranking as the third most purchased token by smart money on BNB Chain.

Terms & Concepts
  • BNB Chain: A blockchain network developed by Binance, designed for decentralized applications and digital asset transactions.
  • Memecoin: A cryptocurrency inspired by internet memes, often highly volatile and driven by social media trends.
  • Smart Money: Investors or traders who are considered to have expert knowledge or access to inside information, often making influential market moves.