GoPlus: The creator of the Meme coin "Binance Life" only actually profited $4,000.

PANews reported on November 6th that, according to a post on the GoPlus Chinese community, the creator of the BSC-based MEME coin "Binance Life" only profited about $4,000 from the project, missing out on the opportunity to reap huge profits from the token's potential market capitalization of up to $500 million. It is reported that after deploying the "Binance Life" token on October 4th, the creator, following his usual "flooding" strategy, cleared out all his tokens in two transactions within 20 seconds, profiting approximately $4,000. However, a few hours later, the token suddenly surged, reaching a market capitalization of $500 million, with a daily trading volume of $410 million. Spurred by this, the creator subsequently created 359 tokens in the following period, averaging 51 per day, including 292 Chinese MEME coins similar to "Binance Alipay" and "Binance Avenue," attempting to replicate the success of "Binance Life," but none of them yielded significant returns.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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