"On Oct. 1, 2025, BNB Chain's official X account was hijacked and used to push phishing links. Within hours, the drama spun into a joke token on BNB Chain called 4, a playful nod to reports that the attacker made off with only about $4,000. Then, Changpeng CZ Zhao, Binance's co-founder and former CEO, referenced the incident. That single mention turned a niche gag into a live market signal as attention flooded into a brand-new pool with barely any liquidity."
"CZ's mention turned meme token 4 into a trade; one early buyer saw $3,000 grow to $2 million. The trigger was the hack of BNB Chain's X account, which spawned 4. The surge came from flow hitting thin liquidity, not fundamentals. Some wallets had already bought moments before CZ's post. In the rush that followed, one early buyer put about $3,000 worth of BNB (BNB) into 4 and watched it mark up to around $2 million on screen within hours."
On Oct. 1, 2025, BNB Chain's official X account was hijacked and used to post phishing links to roughly 4 million followers. A running joke that the attacker netted about $4,000 inspired a new token called 4 on BNB Chain. The token launched into a barely funded liquidity pool and attention surged after Changpeng CZ Zhao referenced the incident to his millions of followers. The price spike resulted from concentrated flow hitting thin liquidity rather than fundamentals. Early buyers and bots pushed buys rapidly, producing extreme markups within hours.
Read at cointelegraph.com
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