From Small Stakes to Massive Returns

A speculative wave swept across the BNB Chain in early October as traders capitalized on a surge in new memecoins, with on-chain data revealing that some turned modest investments into multi-million dollar fortunes. This period, dubbed the “BNB meme szn,” highlighted the extreme volatility and potential returns within this niche sector.

On-chain analytics firm Lookonchain tracked several extraordinary cases. One of the most notable involved a wallet that transformed a $3,500 investment into a staggering $7.9 million in just three days—a return of approximately 2,260 times the initial stake. This wasn’t an isolated incident. Another trader, identified as ‘hexiecs’, invested around $360,000 into a memecoin named “4,” watching the position swell to over $5.5 million after a social media post went viral. Similarly, trader ‘brc20niubi’ reportedly turned a $730,000 stake into about $5.4 million.

The Anatomy of a Memecoin Surge

The rapid price increases were driven by a potent combination of low initial liquidity, coordinated buying pressure, and social media amplification. The token “4,” for instance, reportedly emerged after a phishing incident where the original attacker profited only about $4,000. The event, however, morphed into a community meme, fueling intense speculative demand and massive gains for subsequent buyers.

The phenomenon even caught the attention of Changpeng Zhao, the co-founder and former CEO of Binance, who publicly noted that he “didn’t expect it at all.” Experts from the BNB Chain ecosystem pointed to the network’s low transaction fees and large, active user base as key factors that make it a fertile ground for high-velocity on-chain trading. Marwan Kawadri, DeFi lead at BNB Chain, described the network as “becoming the heartbeat of onchain trading,” citing record active addresses and volumes on its Decentralized Exchanges (DEX).

Widespread Participation Confirmed by Data

The rally wasn’t limited to a few lucky wallets. Data from analytics platform Bubblemaps showed that over 100,000 on-chain traders purchased these new memecoins, with roughly 70% holding profitable positions at the time of the analysis. The scale of the profits was significant: one address realized gains of more than $10 million, 40 addresses cleared over $1 million, and an additional 900 traders made profits exceeding $100,000.

Further analysis from Nansen confirmed that “smart money” wallets—those recognized for their historically profitable trading activity—were actively participating. During a key 24-hour window, the three largest inflows from these sophisticated investors were directed at BNB-native tokens, signaling strong interest from experienced market players.

While the returns can be astronomical, memecoins carry exceptional risk. They typically lack intrinsic value and rely almost entirely on social momentum and liquidity dynamics for price appreciation. The same factors that drive prices up can also lead to equally rapid and severe losses.