A cryptocurrency trader has generated a life-changing profit from the 4 memecoin, turning a $3,000 investment into nearly $2 million. This incredible surge occurred shortly after Binance founder Changpeng “CZ” Zhao posted about the token on X.
The $2 Million 4 Memecoin Trade
According to Lookonchain, a trader identified as “0x872” was one of the earliest buyers of the 4 memecoin. Their initial $3,000 investment skyrocketed to $2 million, representing a 650x return.
Despite these massive gains, the trader has sold only a small portion of their holdings. Consequently, they still hold $1.88 million worth of the tokens.
CZ’s Post Ignites the “4” Memecoin Rally
The 4 memecoin was created in the aftermath of a phishing attack on the BNB Chain X account. The hacker made a mere $4,000 profit before the community turned the event into a meme.
Interest exploded after CZ shared the story with his 8.9 million followers. He noted that the community bought the token “as a mock to the hacker,” sending its value parabolic.
A Pattern of Memecoin Millionaires
This story is part of a larger trend. For instance, “smart money” traders tracked by Nansen bought nearly $100,000 worth of the 4 memecoin, making it the third-most-purchased token on BNB Chain.
Similarly, other traders have previously turned tiny investments into millions with tokens like Pepe. Therefore, while highly speculative, memecoins continue to create dramatic wealth stories.