HomeIndustry and AdoptionMemecoin News: How BNB Chain Memes Minted Several Millionaires Last Week Alone

Memecoin News: How BNB Chain Memes Minted Several Millionaires Last Week Alone

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BNB Chain memecoins created new millionaires last week alone. Tokens like “4” and YEPE surged as 70% of traders saw profits.

 

BNB Chain memecoins have become an important aspect of crypto trading this week. Wild price surges on new tokens created millionaires overnight, and drew in fresh participation from on-chain traders. 

The phenomenon, which is now widely referred to as “BNB meme season,” shows the chain’s rising influence in trading culture.

BNB Chain Memecoins Rewrite Trading Records

The spotlight turned to BNB Chain memecoins this week, after a trader known as “0xd0a2” turned a modest $3,500 into $7.9 million in just three days. Blockchain intelligence platform Lookonchain verified the record-setting trade.

Another trader, “hexiecs”, made more than $5.5 million from an initial stake of $360,000. The interesting thing is that both traders capitalised on the growth of a new token called “4.”

These massive returns show how volatile and fast the memecoin market on the BNB chain can be. They also show fresh speculative activity that has drawn more attention to on-chain trading.

“4” Memecoin Leads the Surge

The “4” memecoin became the defining token of the week. Its origins trace back to a phishing attack on BNB Chain, where the hacker reportedly earned only $4,000. 

The crypto community turned the event into a joke and “accidentally” birthed the “4” token.

The story gained traction when Binance co-founder and former CEO Changpeng Zhao (CZ) reshared a post about the token on X. 

That single post sent prices soaring and allowed one trader to turn $3,000 into nearly $2 million in a matter of hours.

BNB Meme Season Produces More Millionaires

On-chain data shows that the current meme season on BNB Chain is more lucrative than previous cycles. According to Bubblemaps, 100,000 traders have joined the rush into new BNB memecoins. 

About 70% of these traders are in profit, even though only a handful reached millionaire status.

One address reportedly earned more than $10 million, while forty traders made over $1 million each. Nearly 900 traders also booked profits above $100,000.

Tokens such as PUP, PALU, and Binance-is-Life also contributed to the wealth surge, even though none matched the success of “4.” Another contender, called Yellow Pepe (YEPE), was launched on October 4 and is gaining attention, especially after its peak near $0.02.

Expert Reactions and Market Sentiment

Changpeng Zhao admitted he was surprised by the surge in memecoin activity on his former company’s network. 

He described the trend as “BNB meme szn” and noted the unexpected interest from retail traders.

The current meme frenzy also came in line with the ongoing rally in BNB’s native token, which briefly rose above $1,300. This surge pushed BNB above XRP and USDT to become the third-largest cryptocurrency by market capitalisation.

Industry watchers point out that this rally has brought new attention to BNB Chain. 

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