BNB Meme Coin 币安人生 (Binance Life) Rockets 1,800×, Creating New Crypto Millionaires
币安人生 (Binance Life), a brand new BNB-based meme coin, has gained traction within the crypto market. Its market worth climbed from only a few hundred thousand {dollars} to over $500 million, producing multi-million-dollar returns for early merchants.
The token’s meteoric rise is a part of a broader ‘BNB meme szn,’ with over 100,000 on-chain merchants piling into new tokens and almost 70% already sitting on earnings.
币安人生 (Binance Life) Token’s 1,800× Pump Shakes Up the Meme Coin Market
The Binance Life token was created through meme coin launchpad Four.Meme and launch on October 4. Despite being only some days previous, the meme coin has seen explosive growth.
Data from DEXScreener confirmed that its market capitalization pumped to over $500 million right this moment, because the coin hit a brand new all-time high of $0.51.
At press time, the value had adjusted to $0.38, placing Binance Life’s market worth at round $380 million. Still, that is over 1800 instances larger than its market place at launch.
The token additionally secured a listing on Binance Alpha yesterday, additional boosting visibility and liquidity.
“币安人生 is now listed on Binance Alpha. The first token with a Chinese ticker to make it there — actually iconic,” Four.Meme posted.
The surge aligns with other tokens like PALU, which skyrocketed 1,693% to an $80 million market cap following its Binance Alpha itemizing and CZ’s repost of fan artwork.
Early Binance Life Investors Turn Small Stakes Into Millions
Notably, Binance Life’s ascent minted millionaires amongst early traders. On-chain information reveals exceptional returns for a number of merchants. Lookonchain reported that one dealer (0x8844) bought 11.15 million 币安人生 (Binance Life) tokens for 5 BNB.
His preliminary funding of round $5,756 was roughly $1.6 million— marking a unprecedented 280x return. Another dealer, 0xd0a2, invested $3,500 when the market cap was beneath $100,000, buying 19.8 million tokens. With the explosive rally, the worth of his holdings has additionally ballooned.
“Trader 0xd0a2 turned $3.5K into $7.9M in simply 3 days — a 2,260x return! After promoting 1.3 million 币安人生 to recuperate his principal, he nonetheless holds 18.5M $币安人生, making him the most important holder of $币安人生,” Lookonchain noted.
Similarly, dealer 0xeb89 spent $75,100 on 12.3 million tokens at a sub-$1 million market cap, yielding an unrealized revenue of $4.2 million, or 5,607% features.
Lookonchain additionally highlighted one other pseudonymous dealer, LaserCat397.eth, who made notable earnings. He spent 3 BNB to buy 6.8 million 币安人生 tokens. The dealer later bought 0.8 million tokens for two.96 BNB, whereas nonetheless holding 6 million 币安人生 — now valued at round $2.12 million.
While some proceed to see their holdings admire, others cashed out too early.
“Trader 0x3528 made $710K (+4,403%) on $币安人生 and $106K (+347%) on $GIGGLE. He purchased 6,551 $GIGGLE at $4.7 earlier than the rally on Sept 22 and bought at $21, netting $106K (+347%). 2 days in the past, he purchased 10.09M $币安人生 at $0.0016 and bought at $0.072, incomes $710K(+4,403%). If he had held onto each $币安人生 and $GIGGLE with out promoting, his revenue would have exceeded $2.4M,” Lookonchain wrote.
Still, the rally netted main features for lots of traders. This comes amid a broader BNB meme coin season, fueled by Binance founder Changpeng Zhao’s (CZ) endorsements.
Bubblemaps noted that over 100,000 on-chain merchants have engaged with new BNB memes, with 70% reportedly in revenue. Among them:
- 1 dealer earned greater than $10 million.
- 40 merchants remodeled $1 million every.
- 900 merchants gained greater than $100,000.
- 6,000 merchants profited a minimum of $10,000.
- 21,000 merchants earned $1,000 or extra.
This captures the depth of the continuing BNB meme coin frenzy. Whether this may final or fizzle out quickly stays to be seen.
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