4 hours ago

Crypto trader turns $3K into $2M after CZ post sends memecoin soaring

The trader bagged nearly $2 million in profit by investing in the “4” memecoin shortly after Zhao’s social media post following the BNB Chain phishing incident.

A lucky cryptocurrency trader turned a $3,000 investment into roughly $2 million within hours after Binance co-founder Changpeng “CZ” Zhao shared a post about a BNB Chain memecoin on X.

Blockchain data shows the trader, identified by wallet address “0x872,” was one of the earliest buyers of the newly launched “4” ($4) token, according to blockchain analytics platform Lookonchain. The trader’s initial $3,000 worth of BNB (BNB) grew into $2 million, marking a roughly 650-fold return on investment.

Despite the massive gains, the trader sold only a small portion of their holdings and still holds $1.88 million worth of the tokens.

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Source: Cointelegraph →