“4” Meme Coin Skyrockets After CZ Tweet, Trader Nets $2M

byrn
By byrn
2 Min Read


A cryptocurrency trader managed to turn an investment of $3,000 into around $2 million in a few hours.

This happened after Changpeng Zhao shared a post on X about a new meme token on the BNB Chain called “4”, under the ticker $4.

The wallet behind the trade, known as “0x872”, was among the first to buy the token, based on data from blockchain analytics platform Lookonchain.

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The trader used BNB

BNB


$1,226.14



to buy the token
after its launch and saw its value increase by about 650 times. Even after the rise, most of the tokens have not been sold. Records show that the trader still holds nearly $1.88 million worth of the token.

Much of the trader’s portfolio is currently tied to this one token, with over 98% of their crypto holdings in “4”.

The “4” meme coin was created in response to a phishing incident that took place on the BNB Chain. According to Zhao’s post on X, the attacker behind the scam reportedly made only $4,000 before being exposed.

Later, the community stepped in to drive the meme coin’s price higher as a way to mock the attacker.

Another wallet also purchased “4” just before Zhao’s message was published. According to Bubblemaps, the buyer saw the value of their purchase rise by over $1.5 million in a matter of hours.

Recently, Melania Trump re-emerged to support her meme coin, MelaniaMeme (MELANIA). What did she say? Read the full story.




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