In a stunning and ironic turn of events, the 4 memecoin —created by a hacker who compromised the official BNB Chain X account—exploded by 500% in value. After the attacker rugged the token for a mere $4,000 profit, the crypto community staged a hilarious comeback, collectively buying the coin back at even higher prices as a mockery.
The Bizarre Saga of the 4 MemeCoin
The saga began when a hacker gained control of the BNB Chain X account. They used the platform to promote a fake airdrop, stealing approximately $8,000 from victims. Part of their scheme involved funneling some of the stolen funds into the 4 memecoin, which features a cartoon of former Binance CEO Changpeng “CZ” Zhao holding up four fingers—a reference to his four-month prison sentence.
After the hacker dumped all their tokens, the community did the unexpected. As CZ himself noted, they bought the 4 memecoin back, pushing its value up in what he called the “funniest come back by the community!” This collective action was a direct mockery of the attacker’s failed attempt at a major profit.
The Hack and the Community’s Epic Response
The hacker’s plan backfired spectacularly. While they managed a small rug pull, the community’s reaction created a far more memorable story. The 4 memecoin saw its market cap jump to $19,400 and its 24-hour trading volume hit $57,400, driven entirely by the community’s defiant humor.
The BNB Chain team has since regained control of its X account, is investigating the breach, and has promised to fully reimburse all victims. The incident, while concerning, ultimately showcased the resilient and unified spirit of the crypto community in the face of an attack.