Meme Coin Season on the BNB Chain: $10 Million Profit for Three Investors

In recent times, the increased interest in the BNB Network has raised expectations that the meme coin season has begun anew. Three leading traders have made millions of dollars from meme coins that gained popularity on the BNB Network. According to data from the on-chain analysis platform Lookonchain, these traders earned a total of approximately 10 million dollars from meme coins named 币安人生 (Binance Life), 4, and GIGGLE.

Among the investors are prominent accounts such as @hexiecs, @brc20niubi, and @GCsheng. According to the data, @hexiecs earned 5.5 million dollars from Binance Life, 361 thousand dollars from the 4 token, and 219 thousand dollars from GIGGLE. On the other hand, @brc20niubi gained 5.4 million dollars from Binance Life, 736 thousand dollars from the 4 token, and 228 thousand dollars from GIGGLE. The third investor, @GCsheng, made 4.8 million dollars from Binance Life and 26 thousand dollars from another token named “客服小何” (Customer Service Xiao He).

These striking gains have caught the attention of investors on the BNB Network and raised the question, “Is the meme coin season back?” Particularly, the backing of the 4 (4USDT) token by Binance's former CEO Changpeng Zhao (CZ) has increased interest in this token. Additionally, the events following the hacking of Binance's UK account have also drawn investors' attention to meme coins.

As a result, these substantial profits in the meme coin season present opportunities for investors. However, due to high volatility and risks, it is crucial to conduct careful analysis and monitor critical price levels. Investors should remain cautious during this process and continue to observe market dynamics.