An anonymous crypto trader increased his deposit 2,260 times thanks to a memecoin on the Binance Smart Chain (BSC) network. According to Lookonchain, he invested $3500 in a token called ???? (Binance Life) when its capitalization was less than $100,000. The trader purchased 19.8 million tokens.

Three days later, the asset rose significantly in value. At first, the trader sold only 1.3 million tokens, and kept another 18.5 million. He became the largest owner of the asset, and his profit amounted to about $7.9 million.

Another user under the pseudonym LaserCat397.eth also made money on Binance Life. He bought 6.8 million tokens for 3 BNB, later sold some for 2.96 BNB, and kept another 6 million memecoins, which is now valued at $2.12 million.

LaserCat397.eth also invested 160 BNB (about $159,000 at the time) in the GIGGLE token. After selling some of the assets for $55,000, he kept 7030 GIGGLE worth about $922,600. The cumulative profit from the project was about $818,000.

However, there are also those who missed out on the opportunity to make huge profits. A user sold 22.1 million Binance Life for just $23,000 — an hour before the growth. These assets were later valued at more than $10 million.

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