BNB Chain memecoin trader, 0xC05, was up more than $1M on an initial investment of just 17 WBNB ($11.8K) on the BROWNIE memecoin. The BROWNIE token surged after Binance founder, Changpeng Zhao (CZ), teased that he would post a picture of his dog and its name, with many speculating on two specific memecoins, PERRY and BROWNIE, on BNB Chain.
Although CZ’s dog’s name was eventually revealed to be Broccoli instead, resulting in the BROWNIE token to dump, this savvy trader had already been cashing out on the run up, netting him a total of $263K, or a 2,129% return on investment.
While Solana has been the center of memecoin attention for most of this cycle, CZ is pushing the spotlight to the Binance Smart Chain instead, after a token generated by Binance for a tutorial video, TST, went viral among memecoin traders. The TST token even climbed to a peak valuation of over $520M, after receiving a Binance spot listing.
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