TL;DR
- Record profits: BNB Chain memecoin traders turned modest sums into multimillion-dollar fortunes, with one wallet flipping $3,500 into $7.9 million in just three days, while others secured millions from tokens like “4.”
- Zhao’s impact: Binance co-founder Changpeng Zhao amplified the “4” token’s rise by resharing a post to his 8.9 million followers, transforming a phishing scam that netted $4,000 into a viral meme-fueled trading frenzy.
- Ecosystem surge: Over 100,000 traders joined the wave, with 70% in profit; one address made $10 million, 40 gained $1 million, and 900 earned more than $100,000.
Memecoin traders on the BNB chain have experienced massive gains this week, as a whirlwind hit the memecoin market. Increasing on-chain activity turned modest investments into multi-million dollar earnings. Now, industry leaders and investors are debating the sustainability of the speculative frenzy in the memecoin market.
Trader 0xd0a2 turned $3.5K into $7.9M in just 3 days — a 2,260x return!
He aped into $币安人生 when the market cap was under $100K, spending $3.5K to buy 19.8M $币安人生.
After selling 1.3M $币安人生 to recover his principal, he still holds 18.5M $币安人生, making him the… pic.twitter.com/DWJhFJcS54
— Lookonchain (@lookonchain) October 8, 2025
Traders turn small stakes into millions
One of the most striking stories came from trader “0xd0a2,” who transformed a $3,500 position into $7.9 million within three days, a 2,260-fold return according to Lookonchain. Another investor, “hexiecs,” converted $360,000 into more than $5.5 million by backing the newly launched “4” token. Similarly, “brc20niubi” turned $730,000 into $5.4 million, while wallet “0x872” netted nearly $2 million in hours after investing just $3,000. These rapid gains highlight both the allure and volatility of memecoin markets.
Zhao’s unexpected influence on token frenzy
Changpeng Zhao was partly responsible for the 4 token meteoric rise, thanks to a reshared post on his 8.9 million followers X account, amplifying visibility and triggering a rush of speculative buying. The 4 token originated from a phishing attack incident that turned into a meme when the hacker was only able to scam about $4,000. Zhao later described the incident as “BNB meme szn,” admitting he never expected the community to react this way.
BNB Chain emerges as trading hub
Marwan Kawadri, DeFi lead at BNB Chain, emphasized that the blockchain is evolving into the “heartbeat of onchain trading.” He pointed to record levels of active addresses and decentralized exchange volumes as evidence of its growing dominance. Kawadri argued that the trading culture embedded in the BNB Chain community accelerates the adoption of new trends, positioning the network as a leading ecosystem for speculative assets.
Smart money and retail join the surge
Nansen revealed that the three most popular memecoins among smart money traders were all BNB chain-native memecoins. Additionally, Bubblemaps reported that more than 100,000 traders took advantage of the frenzy, receiving about 70% in profits. Among the top gainers are one address that made over $10 million alone, 40 addresses made $1 million, and 900 netted more than $100,000.
