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币安人生 (Binance Life), a new BNB-based meme coin, has gained traction in the crypto market. Its market value climbed from just a few hundred thousand dollars to over $500 million, generating multi-million-dollar returns for early traders.
The token’s meteoric rise is part of a broader ‘BNB meme szn,’ with over 100,000 on-chain traders piling into new tokens and nearly 70% already sitting on profits.
The Binance Life token was created via meme coin launchpad Four.Meme and launch on October 4. Despite being only a few days old, the meme coin has seen explosive growth.
Data from DEXScreener showed that its market capitalization pumped to over $500 million today, as the coin hit a new all-time high of $0.51.
At press time, the price had adjusted to $0.38, putting Binance Life’s market value at around $380 million. Still, this is over 1800 times higher than its market position at launch.
The token also secured a listing on Binance Alpha yesterday, further 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 — truly 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 listing and CZ’s repost of fan art.
Notably, Binance Life’s ascent minted millionaires among early investors. On-chain data reveals remarkable returns for several traders. Lookonchain reported that one trader (0x8844) purchased 11.15 million 币安人生 (Binance Life) tokens for 5 BNB.
His initial investment of around $5,756 turned into roughly $1.6 million— marking an extraordinary 280x return. Another trader, 0xd0a2, invested $3,500 when the market cap was below $100,000, acquiring 19.8 million tokens. With the explosive rally, the value of his holdings has also ballooned.
“Trader 0xd0a2 turned $3.5K into $7.9M in just 3 days — a 2,260x return! After selling 1.3 million 币安人生 to recover his principal, he still holds 18.5M $币安人生, making him the largest holder of $币安人生,” Lookonchain noted.
Similarly, trader 0xeb89 spent $75,100 on 12.3 million tokens at a sub-$1 million market cap, yielding an unrealized profit of $4.2 million, or 5,607% gains.
Lookonchain also highlighted another pseudonymous trader, LaserCat397.eth, who made notable profits. He spent 3 BNB to purchase 6.8 million 币安人生 tokens. The trader later sold 0.8 million tokens for 2.96 BNB, while still holding 6 million 币安人生 — now valued at around $2.12 million.
While some continue to see their holdings appreciate, others cashed out too early.
“Trader 0x3528 made $710K (+4,403%) on $币安人生 and $106K (+347%) on $GIGGLE. He bought 6,551 $GIGGLE at $4.7 before the rally on Sept 22 and sold at $21, netting $106K (+347%). 2 days ago, he bought 10.09M $币安人生 at $0.0016 and sold at $0.072, earning $710K(+4,403%). If he had held onto both $币安人生 and $GIGGLE without selling, his profit would have exceeded $2.4M,” Lookonchain wrote.
Still, the rally netted major gains for a lot of investors. 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 traders have engaged with new BNB memes, with 70% reportedly in profit. Among them:
This captures the intensity of the ongoing BNB meme coin frenzy. Whether this will last or fizzle out soon remains to be seen.
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