Crypto Trader’s Astounding $2M Gain from ‘4’ Memecoin After CZ Post

An extraordinary event recently captivated the cryptocurrency world. One fortunate crypto trader transformed a modest $3,000 investment into an astounding $2 million. This incredible surge occurred within hours. It followed a pivotal social media update from Binance co-founder Changpeng “CZ” Zhao. The trader capitalized on the viral momentum of a newly launched memecoin, known simply as ‘4’ ($4).

From $3K to $2M: The ‘4’ Memecoin Phenomenon

Blockchain data reveals the anonymous trader, identified by wallet address “0x872,” was an early adopter. They purchased the ‘4’ token shortly after its debut. This initial $3,000 investment, made in BNB (BNB), multiplied into $2 million. This represents a staggering 650-fold return on investment. Despite these massive gains, the trader has only liquidated a small portion of their holdings. They still retain an estimated $1.88 million worth of the tokens. This remarkable story highlights the volatile yet potentially lucrative nature of the crypto market, especially within the memecoin sector.

The ‘4’ token emerged from an unusual incident. A phishing attack on the BNB Chain saw a hacker reportedly gain only $4,000. However, the crypto community quickly turned this event into a widely shared meme. This viral moment inadvertently laid the groundwork for the ‘4’ memecoin’s rapid ascent. The trader’s portfolio dramatically reflects this strategy. Over 98% of their assets are now held in ‘4’ tokens, indicating a strong conviction in the asset’s social momentum. CoinStats data confirms this, showing over $1.8 million in unrealized profit for the trader over the past week.

CZ Post Amplifies ‘4’ Memecoin Interest

Interest in the ‘4’ token surged dramatically after Changpeng Zhao, widely known as CZ, reposted the BNB Chain’s official statement regarding the phishing incident. CZ shared this update with his 8.9 million followers on X (formerly Twitter). His commentary significantly boosted the memecoin’s visibility. “Interestingly, after the hacker dumped ALL his tokens for a $4k gain, the community took over and bought the meme coin higher, as a mock to the hacker,” Zhao wrote in his Wednesday X post. This direct endorsement from a major industry figure like CZ often triggers rapid market movements. It certainly did for the ‘4’ token.

Before CZ’s influential post, another unidentified wallet also acquired the memecoin. This investor saw their holdings increase by over $1.5 million within hours of the trade. Blockchain data visualization platform Bubblemaps highlighted this rapid appreciation. The timing suggests some traders might have anticipated the virality or were simply very early. CZ’s post came shortly after the BNB Chain’s official X account suffered a temporary hack. The attacker used the compromised account to share phishing links. They also promoted the memecoin to the page’s four million followers. This sequence of events, from hack to meme to CZ’s endorsement, created a perfect storm for the 4 memecoin.

The Broader Memecoin Landscape and Smart Money

Memecoins, despite often lacking intrinsic utility, have consistently created millionaires within the crypto space. The ‘4’ memecoin is not an isolated incident. In March, another trader reportedly converted a $2,000 investment into $43 million by acquiring the Pepe (PEPE) memecoin. However, this trader endured a significant downturn. Pepe’s 74% decline from its peak saw the unrealized $43 million profit shrink to $10 million before the position was sold. Another investor famously turned $27 into $52 million in May 2024. These stories underscore both the immense potential and the extreme volatility inherent in memecoin investments.

Furthermore, blockchain intelligence platforms track “smart money” traders. These are typically the industry’s most successful investors by return. Data from Nansen indicates significant activity around the ‘4’ memecoin. It was the third-most-bought token by smart money traders on the BNB Chain over a 24-hour period. These sophisticated traders collectively acquired nearly $100,000 worth of the tokens. Their involvement suggests a calculated attempt to capitalize on the memecoin’s social buzz and price momentum. This collective action often validates emerging trends within the crypto market, attracting further retail interest.

The rise of the ‘4’ memecoin provides a compelling case study. It demonstrates how social media influence, community engagement, and rapid market speculation can converge. The incident also highlights the significant impact figures like CZ have on market dynamics. Investors must always exercise caution. Memecoins are highly speculative. Their value is often driven by sentiment rather than fundamental utility. While stories of life-changing gains are inspiring, the risks of substantial losses remain ever-present. Therefore, thorough research and a clear understanding of market volatility are crucial for anyone considering such investments.