Synopsis– A phishing attack on the BNB Chain unexpectedly sparked one of 2025’s biggest meme-fueled rallies. On October 2, hackers took control of BNB Chain’s official X account, pushing malicious links and promoting an obscure token called “4” to more than four million followers.
They sold their holdings for just $4,000, a surprisingly small gain for such exposure. Instead of fading away, the crypto community turned the event into a joke and a rallying cry, sending the token’s price soaring in defiance of the hackers.
BNB Chain soon regained control, strengthened security, and warned users about phishing risks. But the memecoin quickly became a symbol of mockery toward the hack, with trading activity centered on PancakeSwap. Developers abandoned the project, leaving “4” entirely in the hands of the community.
CZ’s Post Triggers Buying Spree
Binance co-founder Changpeng “CZ” Zhao amplified the story hours later in a post to his 8.9 million followers. He noted the irony hackers dumping all their tokens for $4,000 before the community “bought the memecoin higher.” Although not a direct endorsement, CZ’s comments acted as rocket fuel for the token. Trading volume surged from about $500,000 to more than $155 million within two days. Transactions jumped to nearly 79,000 as “4” climbed from $0.001 to $0.22.
The rally briefly made “4” one of the most traded assets on the BNB Chain. Market capitalization peaked near $200 million before cooling. Still, the event showcased how social media hype and community action can transform an obscure token overnight.
Early Buyer Scores 650x Profit
Among the earliest winners was a trader identified by wallet address “0x872” on blockchain analytics platforms Lookonchain and Nansen. Minutes after the hack, they used 3 BNB worth about $3,060 to buy 16.86 million “4” tokens at $0.00018 each. CZ’s post soon pushed the value of their holdings to more than $2 million.
The trader sold a small portion of their tokens for $118,700 but kept the majority. As of October 7, their remaining 11.75 million tokens are worth about $1.88 million. Over 98% of their portfolio is tied to “4,” showing remarkable confidence in the meme’s staying power. Analysts labeled the move “smart money” a high-conviction entry and disciplined partial exit.
Memecoin Mania and Market Lessons
Other profitable wallets also jumped in, collectively buying about $100,000 worth of “4” in the first 24 hours after CZ’s post. This made it the third most-purchased token by smart money traders on the chain. Similar stories have emerged before: one trader turned $2,000 into $43 million with the Pepe memecoin, while another converted $27 into $52 million last year.
Memecoins generally lack real-world utility, but the “4” saga shows they thrive on viral moments. The rally gave traders rare chances to multiply gains at extreme rates. However, the volatility and frequent use of phishing attacks underline crypto’s risks. Experts urge users to verify links, use secure wallets, and exit gradually when profits spike.
For now, “4” trades near $0.15, a far cry from its rally peak but still proof of the power of community, timing, and social influence in crypto markets. One trader’s quick instincts turned a hacker’s failed scam into a multimillion-dollar payday.
Written By Fazal Ul Vahab C H
