Crypto Trader Turns $3K into $2M After CZ Post Sends Memecoin “4” Soaring

Key Points:

• A trader turned a $3,000 BNB investment into roughly $2 million after buying the “4” memecoin minutes after Binance co-founder CZ’s post.

• The “4” token surged over 650x within hours, driven by social media buzz and speculative momentum on BNB Chain.

• Analysts warn of growing volatility and “influencer-driven” market behavior as memecoin speculation intensifies.

A Viral Post Sparks a 650x Rally

A cryptocurrency trader has turned heads across the digital asset market after transforming a modest $3,000 investment into nearly $2 million in just a few hours — all thanks to a viral post from Binance co-founder Changpeng “CZ” Zhao.

The windfall came after Zhao mentioned a newly launched memecoin called “4” ($4) in a post on X (formerly Twitter) following a phishing attack on the BNB Chain, which ironically inspired the token’s creation. Blockchain analytics firm Lookonchain identified the wallet, labeled “0x872,” as one of the earliest buyers.

The token’s value skyrocketed by roughly 650 times its launch price, pushing the trader’s holdings to $2 million in unrealized value. Despite the staggering gains, on-chain data shows the trader has sold only a small portion and still holds around $1.88 million worth of $4 tokens.

Memecoin Frenzy on BNB Chain

The sudden rally placed the “4” token among the top three most-purchased assets by “smart money” traders on the BNB Chain within 24 hours, with total acquisitions exceeding $100,000, according to Nansen.

The token’s origins trace back to a community response following the phishing incident — where the attacker reportedly made just $4,000 in illicit profits before being mocked by the community. The humor-driven narrative quickly turned into a speculative gold rush, emblematic of the memecoin mania that continues to dominate sections of the crypto market.

Market analysts noted that the token’s rise underscores how social virality and influencer commentary can instantly move markets in today’s highly liquid on-chain environment. “A single post from a major figure like CZ can ignite extraordinary retail activity, especially in low-cap assets,” said one market observer.

The Psychology Behind Speculative Gains

Memecoins have long blurred the line between community humor and high-risk investment. While most of these assets have no underlying utility or fundamental value, they can deliver extreme, short-lived gains for early participants.

The phenomenon isn’t isolated. In March 2024, one trader reportedly turned $2,000 into $43 million through early investment in the frog-themed Pepe (PEPE) token. However, after Pepe’s 74% decline from its all-time high, the trader’s unrealized profits dropped to around $10 million by the time they exited their position.

Similarly, in May 2024, another investor famously turned $27 into $52 million, reinforcing the narrative that timing and viral momentum often trump traditional fundamentals in the memecoin space.

Experts caution that these gains are rare and typically unsustainable. “Speculative assets like memecoins are momentum-driven and fragile,” said a research analyst at CoinStats. “The same volatility that creates overnight millionaires can erase fortunes just as fast.”

A Mirror to Market Sentiment

The “4” token’s explosive debut serves as both spectacle and signal. It reflects a crypto market increasingly shaped by social media influence, real-time on-chain speculation, and retail traders chasing virality over fundamentals.

While Bitcoin and Ethereum remain anchored by institutional demand and regulatory frameworks, the memecoin sector continues to function as a kind of psychological playground for retail investors — where emotion, humor, and risk appetite collide.

As the “4” story circulates across crypto channels, analysts expect a surge of imitation tokens and short-term trading activity. Whether this marks a fleeting episode or a broader phase of speculative excess, the event underscores one enduring truth: in crypto, narrative is often the most powerful form of capital.