A fresh surge of speculative trading on the BNB Chain has turned several crypto traders into overnight millionaires, as low-cap memecoins explode in popularity and profits across the network.
According to data from Lookonchain, trader “0xd0a2” transformed an initial stake of just $3,500 into a staggering $7.9 million within three days — a 2,260x return that has stunned the crypto community.
Another investor, “hexiecs”, reportedly flipped $360,000 into more than $5.5 million after betting early on the newly launched “4” memecoin, which skyrocketed following a viral X (Twitter) post from Binance co-founder Changpeng Zhao (CZ).
Not to be outdone, trader “brc20niubi” turned $730,000 into $5.4 million, securing over a 1,200x gain on their position, per Lookonchain data.
Earlier in the week, the wallet “0x872” made headlines after earning nearly $2 million in just a few hours from a $3,000 investment in the same token — a 650x return — shortly after CZ reshared a post about it to his 8.9 million followers on Oct. 1.
Interestingly, the “4” token itself was born out of a BNB Chain phishing incident, where the hacker only made around $4,000 before the community turned the exploit into a viral meme that fueled the coin’s meteoric rise.
BNB Chain’s “Meme Season” Ignites
The explosion of trading activity hasn’t gone unnoticed. CZ himself commented on X, calling it “BNB meme szn”, admitting that he “didn’t expect it at all.”
According to Marwan Kawadri, DeFi lead and head of EMEA at BNB Chain, the surge highlights the chain’s growing dominance in onchain trading:
“BNB Chain has always been a strong player in DeFi, but right now it’s becoming the heartbeat of onchain trading,” Kawadri said. “What you’re seeing with this ‘BNB meme szn’ is the market waking up to the fact that BNB Chain is now the leading ecosystem for trading.”
He added that trends on the BNB Chain spread faster because the community is built around trading culture — making it a hotspot for speculative movements and viral tokens.
Smart Money Follows the Flow
Data from Nansen supports the trend, showing that the top three tokens most heavily accumulated by “smart money” addresses were all BNB-native memecoins.
Meanwhile, Bubblemaps reported that more than 100,000 onchain traders have entered the latest BNB memecoin wave — with roughly 70% sitting in profit. Among them, one wallet earned over $10 million, 40 wallets surpassed $1 million, and nearly 900 traders cleared six-figure gains.
While the numbers are eye-catching, analysts caution that memecoins remain among the riskiest assets in crypto. With no intrinsic value or utility, their prices move almost entirely on social sentiment and community hype — a recipe for both massive profits and devastating losses.
Still, one thing is clear: BNB Chain’s meme season is in full swing, and the traders who caught it early are walking away as the newest millionaires of this market cycle.
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