February 13, 2025

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12:00 am

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Trader Makes $250K On CZ's Dog's Token

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    BROWNIE token on Arkham
    BROWNIE token on Arkham

    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.

    Trader 0xC05’s buys and sells of the BROWNIE token
    Trader 0xC05’s buys and sells of the BROWNIE token

    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.

    Binance’s TST token on Arkham
    Binance’s TST token on Arkham
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