BNC4 Meme Token Surges Then Plummets; Arbitrage Users Earn Tens of Thousands in Profits

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BNC4, one of the altcoins to watch on the BSC network, saw its market cap surge to over $20 million before retracting to $2.8 million. Arbitrage traders leveraged the volatility, with some earning tens of thousands to hundreds of thousands of USDT. Trader 0xShawn shared a trade in which 6,666 BNC4 tokens were exchanged for 231,300 USDT through Four.meme’s minting mechanism. High transaction volume during the spike enabled early participants to secure substantial profits.

Odaily Planet Daily reports, according to GMGN data, the BSC-based meme token BNC4 experienced a sharp rise followed by a pullback, peaking at over $20 million before currently trading at $2.8 million. Meanwhile, several users participating in arbitrage of the on-chain stock token BNC4 have disclosed profits ranging from tens of thousands to hundreds of thousands of dollars.

Among them, trader 0xShawn stated that he executed an arbitrage through Four.meme’s BNC4 Mint mechanism and shared a transaction record converting 6,666 BNC4 into approximately 231,300 USDT. He confirmed that the Mint request was processed normally and claimed to be among the first users to complete the transfer and invoice issuance.


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