An anonymous trader achieved an impressive result, increasing his deposit in the Binance Smart Chain (BSC) by 2,260 times through investments in the Binance Life meme coin (币安人生). Starting with $3,500, he acquired 19.8 million tokens at a time when the project’s market capitalization did not exceed $100,000.
This is reported by Business • Media
Strong Asset Growth and Record Profit
In just three days after investing, the value of the Binance Life token skyrocketed. The trader sold 1.3 million tokens to recover his invested funds, while keeping the remaining 18.5 million in his portfolio. As a result, he became the largest holder of this asset, earning a profit of approximately $7.9 million.
“Trader 0xd0a2 turned $3.5K into $7.9M in just 3 days — a 2,260x return! He aped into $币安人生 when the market cap was under $100K, spending $3.5K to buy 19.8M $币安人生. After selling 1.3M $币安人生 to recover his principal, he still holds 18.5M $币安人生, making him the…”
Experiences of Other Traders: Big Wins and Losses
Another crypto investor under the pseudonym LaserCat397.eth also made significant profits from Binance Life. He purchased 6.8 million tokens for 3 BNB, sold part for 2.96 BNB, and kept 6 million tokens, which are now valued at $2.12 million. Overall, this trader earned $2.94 million from the two meme coins.
LaserCat397.eth also invested 160 BNB (approximately $159,000) in the GIGGLE token. Part of the asset was sold for $55,000, while he retained 7,030 GIGGLE, currently worth about $922,600. The total profit from this project amounted to around $818,000.
However, not all market participants were able to take advantage of the rapid rise of meme coins. One user sold 22.1 million Binance Life for just $23,000 — an hour before a significant price increase. Shortly after, these assets were valued at over $10 million.