TechFlow news, on November 6, according to GoPlus disclosure, the creator of the BSC-chain MEME coin "Binance Life" made only about $4,000 from the project, missing out on a potential windfall when the token later reached a peak market cap of $500 million.
It was reported that after deploying the "Binance Life" token on October 4, the creator, following his usual "pump-and-dump" strategy, sold off all holdings in two transactions within 20 seconds, making around $4,000. However, just hours later, the token surged dramatically, reaching a $500 million market cap with a daily trading volume as high as $410 million.
Stimulated by this event, the creator subsequently launched 359 new tokens over the following days, averaging 51 per day, including 292 similar Chinese MEME coins such as "Binance Alipay" and "Binance Avenue," attempting to replicate the success of "Binance Life," but none achieved significant returns.
