币安人生 (Binance Life), a new BNB-based meme coin, has gained traction in the crypto market. Its market value climbed from just a few hundred thousand dollars to over $500 million, generating multi-million-dollar returns for early traders.

The token’s meteoric rise is part of a broader ‘BNB meme szn,’ with over 100,000 on-chain traders piling into new tokens and nearly 70% already sitting on profits.

币安人生 (Binance Life) Token’s 1,800× Pump Shakes Up the Meme Coin Market

The Binance Life token was created via meme coin launchpad Four.Meme and launch on October 4. Despite being only a few days old, the meme coin has seen explosive growth. 

Data from DEXScreener showed that its market capitalization pumped to over $500 million today, as the coin hit a new all-time high of $0.51.

At press time, the price had adjusted to $0.38, putting Binance Life’s market value at around $380 million. Still, this is over 1800 times higher than its market position at launch.

The token also secured a listing on Binance Alpha yesterday, further boosting visibility and liquidity.

“币安人生 is now listed on Binance Alpha. The first token with a Chinese ticker to make it there — truly iconic,” Four.Meme posted.

The surge aligns with other tokens like PALU, which skyrocketed 1,693% to an $80 million market cap following its Binance Alpha listing and CZ’s repost of fan art.

Early Binance Life Investors Turn Small Stakes Into Millions 

Notably, Binance Life’s ascent minted millionaires among early investors. On-chain data reveals remarkable returns for several traders. Lookonchain reported that one trader (0x8844) purchased 11.15 million 币安人生 (Binance Life) tokens for 5 BNB.

His initial investment of around $5,756 turned into roughly $1.6 million— marking an extraordinary 280x return. Another trader, 0xd0a2, invested $3,500 when the market cap was below $100,000, acquiring 19.8 million tokens. With the explosive rally, the value of his holdings has also ballooned.

“Trader 0xd0a2 turned $3.5K into $7.9M in just 3 days — a 2,260x return! After selling 1.3 million 币安人生 to recover his principal, he still holds 18.5M $币安人生, making him the largest holder of $币安人生,” Lookonchain noted.

Similarly, trader 0xeb89 spent $75,100 on 12.3 million tokens at a sub-$1 million market cap, yielding an unrealized profit of $4.2 million, or 5,607% gains. 

Lookonchain also highlighted another pseudonymous trader, LaserCat397.eth, who made notable profits. He spent 3 BNB to purchase 6.8 million 币安人生 tokens. The trader later sold 0.8 million tokens for 2.96 BNB, while still holding 6 million 币安人生 — now valued at around $2.12 million. 

While some continue to see their holdings appreciate, others cashed out too early.

“Trader 0x3528 made $710K (+4,403%) on $币安人生 and $106K (+347%) on $GIGGLE. He bought 6,551 $GIGGLE at $4.7 before the rally on Sept 22 and sold at $21, netting $106K (+347%). 2 days ago, he bought 10.09M $币安人生 at $0.0016 and sold at $0.072, earning $710K(+4,403%). If he had held onto both $币安人生 and $GIGGLE without selling, his profit would have exceeded $2.4M,” Lookonchain wrote.

Still, the rally netted major gains for a lot of investors. This comes amid a broader BNB meme coin season, fueled by Binance founder Changpeng Zhao’s (CZ) endorsements. 

Bubblemaps noted that over 100,000 on-chain traders have engaged with new BNB memes, with 70% reportedly in profit. Among them:

• 1 trader earned more than $10 million.
• 40 traders made over $1 million each.
• 900 traders gained more than $100,000.
• 6,000 traders profited at least $10,000.
• 21,000 traders earned $1,000 or more.

This captures the intensity of the ongoing BNB meme coin frenzy. Whether this will last or fizzle out soon remains to be seen.