Close Menu
maincoin.money
    What's Hot

    Quantum Computing: Years Away from Posing a Risk to Bitcoin, Asserts VC Amit Mehra

    November 1, 2025

    Bitcoin ETFs Experience Significant Withdrawals as BTC Price Falls to $108,000

    November 1, 2025

    Bitcoin Stays in Range as Altcoins React to Spot BTC ETF Sell-off

    November 1, 2025
    Facebook X (Twitter) Instagram
    maincoin.money
    • Home
    • Altcoins
    • Markets
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
      • Regulation
    Facebook X (Twitter) Instagram
    maincoin.money
    Home»Ethereum»How CZ’s Mention of Memecoins Caused a 650x Surge
    Ethereum

    How CZ’s Mention of Memecoins Caused a 650x Surge

    Ethan CarterBy Ethan CarterOctober 14, 2025No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    1760467965
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Key takeaways: 

    • CZ’s mention transformed the meme token “4” into a trade, leading one early buyer to turn $3,000 into $2 million.

    • The catalyst was the hack of BNB Chain’s X account, which gave rise to “4.”

    • The rise was driven by liquidity flow rather than underlying fundamentals.

    • Some wallets had already purchased just moments before CZ’s announcement.

    On October 1, 2025, BNB Chain’s official X account was hacked and utilized to distribute phishing links. Within hours, the situation evolved into a quirky token on BNB Chain named “4,” humorously referencing reports that the hacker stole only around $4,000.

    Changpeng “CZ” Zhao, co-founder and former CEO of Binance, commented on the incident.

    0199e2b7 f555 7aa6 a0ce 9600a15c44de

    That single tweet turned a niche joke into a vibrant market signal as attention surged into a newly established pool with minimal liquidity.

    In the ensuing rush, one early investor placed about $3,000 in BNB (BNB) into “4,” witnessing it soar to nearly $2 million in value within hours.

    Did you know? When CZ tweets “4,” he refers to point #4 of his 2023 “Do’s & Don’ts”: Ignore FUD, fake news, and attacks, etc. It became a shorthand within the community long before the 4 memecoin emerged.

    How a meme turned into a move

    1. BNB Chain account hijacked (Oct. 1, 2025)

    BNB Chain’s official X account was compromised and used to share phishing links with approximately 4 million followers. The team regained control and issued warnings. From the chaos arose a running joke that the attacker fled with only “$4k.”

    0199e2b9 2a86 731b 96a9 74d1f158985d

    2. A joke gets a ticker

    Within hours, a new token named 4 was launched on BNB Chain — a nod to the “$4k” meme. Early investors began circling a barely funded liquidity pool.

    3. CZ amplifies it

    Changpeng “CZ” Zhao discussed the incident with his 10.3 million followers, highlighting the hacker’s modest profit and how the community “bought the memecoin higher.” What began as humor evolved into a real trading signal, attracting human traders and bots alike.

    4. The first wave of orders hits

    Scanners identified the contract, copy traders queued purchases, and retail investors funneled through aggregators into the same shallow pool. With minimal depth, each filled order raised the next quote. Slippage widened, momentum built, and the chart steepened rapidly.

    0199e2fe 541c 7e7b 9656 94d49dd4ccf0

    5. The headline wallet is already in

    An address labeled “0x872” purchased early with about $3,000 worth of BNB. As interest surged and liquidity dissipated, that small stake ballooned to approximately $2 million within hours.

    Inside the winning wallet

    The wallet that made headlines (“0x872”) didn’t appear to be a mastermind’s creation. It invested around $3,000 in BNB into a freshly minted token and, as attention followed, observed its value skyrocket.

    The transformation of a modest investment into a significant fortune was attributed to the early entry in a thin pool. When liquidity is low, each new buyer influences the subsequent quote you’d sell into — whether you sell or not.

    Then came the pivotal moment every trader both desires and fears: life-changing numbers on the screen with nearly no depth underneath.

    On-chain data revealed minimal profit-taking. The address retained over 98% of its portfolio in 4, still around $1.88 million after the initial spike, maximizing potential upside but leaving the position vulnerable if a significant market sell occurred.

    0199e2ff 5a52 79e5 ae99 83cc475cce7d

    The screenshots reflected a similar narrative: approximately $1.8 million in unrealized profit over the week.

    “Unrealized” is the key term. Until an order is executed, profit and loss (PnL) remains a possibility. In markets where a single sale can shift the price by several percentage points, even modest trimming requires careful planning. Many traders learn this by returning a win back to par; this wallet, for some time, opted to ride it out.

    Flow around the wallet contributed to this cycle. “Smart money” addresses tracked by Lookonchain began accumulating 4, advancing it to become one of the most held tokens on BNB Chain in the following 24 hours.

    This feedback loop intensified reflexivity. As more screens lit up and copy trades were executed, the early holder’s unrealized value continued to rise — until a larger seller eventually tested the pool’s depth.

    The outcome for 0x872 hinged on two factors: entering the market extremely early and resisting the temptation to cash out immediately.

    Did you know? 0x872 wasn’t the only one. Another wallet reportedly purchased minutes before CZ’s post and achieved seven figures in profit within hours — highlighting that timely alerts and feed monitoring can provide a genuine advantage during meme-fueled surges.

    When hype outruns depth

    So, what lies ahead for the headline wallet? Maximum upside if momentum continues, and maximum downside if a single substantial sell order impacts a shallow pool.

    However, it’s essential to remember the catalyst: a compromised official account. Spikes like this draw in phishers and spoof contracts. The takeaway is simple: verify the contract and pool size, plan an exit strategy in advance, and treat screenshots as mere indicators until a transaction is completed.

    Posts generate flow, not inherent value; the exit route is often narrower than it appears.

    This article does not offer investment advice or recommendations. Every investment and trading decision carries risk, and readers should conduct their own research before deciding.

    650x Caused CZs Memecoins Mention Surge
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar photo
    Ethan Carter

      Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.

      Related Posts

      Bitcoin ETFs Experience Significant Withdrawals as BTC Price Falls to $108,000

      November 1, 2025

      Zcash Overtakes Monero, Reaches 8-Year Peak Amid Market Decline

      November 1, 2025

      Bitcoin Dips on White Paper Anniversary as Weekly ETF Outflows Reach $600M: Crypto Update for the Americas

      October 31, 2025
      Bitcoin

      Quantum Computing: Years Away from Posing a Risk to Bitcoin, Asserts VC Amit Mehra

      By Ethan CarterNovember 1, 20250

      While still in its early stages, quantum computing could soon threaten Bitcoin and other proof-of-work…

      Ethereum

      Bitcoin ETFs Experience Significant Withdrawals as BTC Price Falls to $108,000

      By Ethan CarterNovember 1, 20250

      On Wednesday, US-listed spot Bitcoin exchange-traded funds (ETFs) experienced $470 million in outflows as Bitcoin’s…

      Altcoins

      Bitcoin Stays in Range as Altcoins React to Spot BTC ETF Sell-off

      By Ethan CarterNovember 1, 20250

      502 Bad Gateway

      Regulation

      Elon Musk Set to Introduce X Chat Messenger Soon

      By Ethan CarterNovember 1, 20250

      Tech entrepreneur and billionaire Elon Musk is preparing to launch a new messaging app titled…

      Recent Posts
      • Quantum Computing: Years Away from Posing a Risk to Bitcoin, Asserts VC Amit Mehra
      • Bitcoin ETFs Experience Significant Withdrawals as BTC Price Falls to $108,000
      • Bitcoin Stays in Range as Altcoins React to Spot BTC ETF Sell-off
      • Elon Musk Set to Introduce X Chat Messenger Soon
      • Bitcoin Celebrates 17 Years: Approaching Adulthood and Transcending Its Roots as Hacker Currency

      At MainCoin.Money, we cover everything from Bitcoin and Ethereum to the latest trends in Altcoins, DeFi, NFTs, blockchain technology, market movements, and global crypto regulations.

      Whether you’re a seasoned investor, a blockchain developer, or just curious about digital assets, our mission is to make crypto news accessible and reliable for everyone.

      Facebook X (Twitter) Instagram Pinterest YouTube
      Top Insights

      Quantum Computing: Years Away from Posing a Risk to Bitcoin, Asserts VC Amit Mehra

      November 1, 2025

      Bitcoin ETFs Experience Significant Withdrawals as BTC Price Falls to $108,000

      November 1, 2025

      Bitcoin Stays in Range as Altcoins React to Spot BTC ETF Sell-off

      November 1, 2025
      Get Informed

      Subscribe to Updates

      Get the latest creative news from FooBar about art, design and business.

      Facebook X (Twitter) Instagram Pinterest
      • About Us
      • Contact us
      • Privacy Policy
      • Disclaimer
      • Terms and Conditions
      © 2025 maincoin.money. All rights reserved.

      Type above and press Enter to search. Press Esc to cancel.