The creator of the BSC-based meme coin "Binance Life" reportedly profited just $4,000, despite the token's market capitalization soaring to $500 million shortly after its launch. According to a GoPlus community post, the creator deployed the token on October 4th and quickly sold all holdings in two transactions, missing out on the subsequent surge. The token's daily trading volume reached $410 million, but the creator's early exit meant missing potential massive gains.
In an attempt to replicate this success, the creator launched 359 additional tokens, including 292 Chinese meme coins like "Binance Alipay" and "Binance Avenue." However, none achieved significant market impact or returns, highlighting the unpredictable nature of meme coin investments.
Creator of 'Binance Life' Meme Coin Profits Only $4,000 Despite $500M Market Cap Surge
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