Traders on the BNB Chain made millions of dollars in a few days by buying and selling small memecoins. The surge shows that a new wave of speculative energy is driving the crypto market again. Many of these traders started with small amounts of money and saw huge profits after tokens linked to Binance and Changpeng Zhao gained attention on social media.
One trader, known as “0xd0a2,” turned about $3,500 into $7.9 million in just three days, a gain of more than 2,000 times. Blockchain data firm Lookonchain reported the trade as one of the biggest wins of the week. Another trader, “hexiecs,” made over $5.5 million from a $360,000 investment after buying a new memecoin called “4.” The token exploded in value after Zhao, Binance’s co-founder and former CEO, mentioned it on X, his social platform of choice. A third trader, “brc20niubi,” turned $730,000 into $5.4 million after the same token went viral, according to Lookonchain.
Earlier in the week, another wallet known as “0x872” made nearly $2 million in hours from only a $3,000 trade in the same token. Zhao reshared a post about the coin to his 8.9 million followers on Oct. 1, sending its price soaring. The “4” token began as a joke after a hacker made about $4,000 from a phishing attack on the BNB Chain. Instead of fading away, the event turned into a community-driven meme that sparked massive trading.
The sudden activity has drawn attention to what Zhao called “BNB meme szn.” He said he didn’t expect to see so much excitement around the chain. Marwan Kawadri, head of DeFi for BNB Chain in the EMEA region, said the chain is seeing record levels of decentralized exchange volume and active wallet addresses. He called BNB Chain “the heartbeat of onchain trading” and said the market is realizing its potential as a hub for trading small digital assets.
Data from Nansen, a blockchain intelligence platform, shows that “smart money” traders—wallets known for successful trades—are buying mostly BNB-native memecoins. The top three coins purchased by these traders in 24 hours were all on BNB Chain. Bubblemaps, another data platform, reported that more than 100,000 traders bought into new BNB-based tokens, and about 70% were in profit. One address made over $10 million, while dozens of others earned more than $1 million each.
The trend shows that BNB Chain has become a center for fast-moving digital asset speculation. Its strong DeFi base, low fees, and active trading culture help new trends spread faster than on many other blockchains. Memecoins on the BNB Chain carry high risk because they depend mostly on social attention rather than real-world value, but the chance of quick gains keeps traders coming back. As smart money flows into BNB-native tokens, the chain’s role in shaping crypto’s speculative cycles appears to be growing.
