BNB Chain Meme Coin Frenzy Nets $516M in Profits for Over 93,000 Traders

The BNB Chain’s latest meme coin frenzy has pushed thousands of traders into profit, with about 70% earning gains, according to new data from blockchain analytics firm Bubblemaps.

The platform reported that more than 100,000 traders participated in BNB-based memecoins. This highlights the expansion of speculative trading on the network.

Bubblemaps the trend as clear evidence that the BNB memecoin season is real. Data shows one trader made over $10 million in profits, while 40 others crossed the $1 million mark.

Roughly 900 traders earned over $100,000, followed by 6,000 who made above $10,000 and 21,000 who secured at least $1,000. In total, 93,228 traders booked profits worth about $516 million, compared with 39,934 losing a combined $114 million.

The current surge coincides with BNB reaching new highs and a spike in activity linked to tokens inspired by Binance’s founder, Changpeng “CZ” Zhao.

“BNB meme szn!” Zhao on X, adding that he “didn’t expect this at all” and urged the community to “keep building.”

Leading the movement is a token named “4,” based on a viral meme of Zhao holding up four fingers, a reference to his 2023 resolution to block out fear, uncertainty, and doubt (FUD).

The token climbed 25% on Monday, before retracing to 0.1755, a 9% increase in the past day, generating $146 million in trading volume and reaching a $243 million market cap before retracing to $176 million within a week of launch.

The BNB Chain now accounts for 19 of the top 20 trending tokens tracked by DEXScreener, with Solana being the only exception.

Tokens like “Broccoli,” which originally launched after Zhao revealed his dog’s name earlier this year, have seen a renewed rise, jumping 10% in 24 hours to a $12 million market cap, down from $48 million. Meanwhile, “PUP” and “SZN” have gained 200% and 5,600%, respectively.

BNB’s growing dominance in meme-driven trading is also reflected in on-chain volumes. While Solana’s top meme coin, TRUMP, recorded around $50 million in daily trading, BNB tokens such as PALU and 客服小何 (“Binance Life”) collectively processed more than $335 million, rising 2,246% and 415% over the same period.

The data shows that BNB Chain has overtaken Solana as the center of memecoin speculation, fueled by viral trends, low transaction fees, and widespread community engagement.

Although CZ has previously described meme tokens as “a little weird,” their influence over market sentiment and trading volume continues to grow across the BNB ecosystem.