BNB Chain has once again become the center of attention after several traders made millions from newly launched memecoins that skyrocketed in value within days. One trader reportedly turned just $3,500 into an incredible $7.9 million, showing how wild the onchain activity has been this week.

Over the past several days, small-cap memecoins on BNB Chain have brought massive returns for some investors, sparking a new wave of speculative trading. According to Lookonchain, trader “0xd0a2” achieved a 2,260x return in only three days.

Another investor, “hexiecs,” made more than $5.5 million from a $360,000 bet on the newly launched “4” token, which exploded in price after Binance co-founder Changpeng Zhao shared a post about it on X. Similarly, trader “brc20niubi” turned $730,000 into $5.4 million—a 1,200x gain in a matter of days.

Earlier in the week, the wallet “0x872” made headlines after flipping $3,000 into nearly $2 million within hours of Zhao’s repost. The “4” token itself began as a joke following a phishing attack, where the hacker earned just $4,000 before the community turned the event into a meme.

The surge in trading has even caught the attention of Zhao, who described it as “BNB meme szn.” He admitted he didn’t expect such a strong reaction from the community.

According to Marwan Kawadri, DeFi lead at BNB Chain, the platform is quickly becoming the heart of onchain trading. He explained that BNB Chain’s strength in decentralized finance and record-breaking activity in DEX trading volumes are driving the surge.

“What we’re seeing,” he said, “is the market waking up to BNB Chain’s role as a leading ecosystem for trading.”

Traders Rediscover BNB Chain’s Potential

Data from Nansen shows that “smart money” traders have also shifted their focus toward BNB-native tokens. The three most-purchased cryptocurrencies among these top traders were all BNB-based.

By Tuesday, more than 100,000 onchain traders had joined the memecoin frenzy, with roughly 70% sitting in profit, according to Bubblemaps. Out of those, one address made over $10 million, 40 made more than $1 million, and nearly 900 traders earned at least $100,000.

Still, experts warn that memecoins remain among the riskiest digital assets, as their value depends entirely on hype and social sentiment rather than utility or fundamentals.

Question for readers:

Do you think this memecoin boom shows real growth in BNB Chain activity, or is it just another short-lived trading frenzy?