This crypto trader turned $3.5k into $7.9 million in 3 days

A crypto trader identified as 0xd0a2 has netted some of the most staggering profits this year. On-chain data shows that they bought 19.8 million Binance Life (币安人生) tokens, worth about $3,500, when the project’s market cap was under $100,000. However, as the meme coin’s market valuation exploded to more than $420 million, the investment was suddenly worth $7.9 million (a 2,260x return). The tradersold 1.3 million tokens to recover the initial stake, but still holds 18.5 million as the largest Binance Life ￰0￱ Chain meme token frenzy 币安人生 price action.) is up 60% on the weekly chart at the time of ￰1￱ data suggests that over 100,000 on-chain traders have bought into new meme coins so far, with 70% of them in the green, of which dozens have posted $1 million in ￰2￱ developments were so unexpected that they prompted a response from Changpeng Zhao, co-founder and former CEO of Binance , who took to social media to encourage developers to continue working on their projects.

“I didn’t expect this at ￰3￱ people keep asking me to predict the future… Keep building!” wrote Zhao on ￰4￱ supporting the “meme coin season” within the ecosystem, BNB Chain has generated $5.57 million in network fees over the past 24 hours as of October 8, the highest among all public ￰5￱ put things into perspective, Tron ( TRX ) registered $1.46 million, while Ethereum ( ETH ) followed with $1.2 ￰6￱ milestone largely coincides with BNB’s 30% surge on the weekly chart and new all-time high of $1,336 on Tuesday, October 7, pushing its market cap beyond $180 ￰7￱ image via Shutterstock