Binance Founder Changpeng “CZ” Zhao pulled a publicity stunt to boost activity on Binance Smart Chain, leading one crypto wallet to profit over $7 million on a meme coin.
But what tokens could pump next as traders catch their breath from yet another meme coin frenzy? Two showing potential right now are BTC Bull Token and Solaxy.
CZ Starts BSC Meme Goin Egg Hunt, Trader Makes Big Profits
CZ promised to reveal his dog’s name at 8 PM “Dubai Time” on 13 February, creating a wave of meme coins inspired by the Belgian Malinois canine.
“Broccoli” meme coins have quickly popped up as developers and traders cash in on crypto’s latest memetic saga.
Broccoli’s Story
A year and a half ago, I casually chatted with a friend who owned a (real) zoo in Dubai. Curious, I asked what dog breed is adapted to the Dubai summer heat. I had no plans to get a dog.
Later that evening, my doorbell rang, and a young Belgian Malinois showed… pic.twitter.com/vSLiHiS4fC
— CZ 🔶 BNB (@cz_binance) February 13, 2025
There are 30 Broccoli meme coins currently trading on decentralized exchanges Raydium and PancakeSwap, and hundreds more on meme coin launchpads Pump.fun and Four.meme.
The most profitable project was launched on BSC’s Four.meme, and one trader netted $7 million from a $707 investment, marking a 9,900% return.
This guy made a profit of ~$7M on a #memecoin named after CZ’s dog(#Broccoli).
Incredibly, his cost was only 1 $BNB($707), a 9,900x return!https://t.co/mPS3ClYGyM pic.twitter.com/4yBIsfEZun
— Lookonchain (@lookonchain) February 13, 2025
BNB Price Stumbles Amidst Broccoli Backlash
Some experts are calling for foul play on the trader’s big win, suggesting that he was an insider, and that’s why he made such significant profits.
“He stole. He most likely launched it. And then he took all of those gamblers’ money,” said Andre Cronje, co-founder of Sonic Labs.
The overall sentiment around CZ’s meme coin stunt has been bearish, likely due to the recent volatile nature of other hype-driven meme coins. This is reflected in the BNB price, which has fallen 4.1% today while other crypto majors are flat.
It’s a sign that people are getting fed up with meme coins launched or endorsed by prominent public figures, usually intended for personal gain.
In CZ’s case, this was to stir up activity on the BSC blockchain. Prior to that, Donald Trump launched a meme coin on which his company profited hundreds of millions of dollars.
However, as traders show dismay toward these centrally led tokens, some decentralized alternatives are generating significant community support.
Next 100X Meme Coins? These Presale Tokens Show Massive Potential
Andre Cronje alluded that the Broccoli team sniped a sizable portion of the token supply before artificially pumping up its price to attract attention and then selling at a substantial profit. It’s price manipulation 101.
That’s why traders are losing faith in meme coin launchpads Pump.fun and Four.meme, opting for meme coin presales instead.
One popular meme coin presale is BTC Bull Token, an Ethereum-based token that pays real Bitcoin rewards. The project launched a presale four days ago and has already raised a whopping $1.3 million.
The presale offers all investors a fair opportunity to buy in at a fixed price, away from the sphere of snipers, bundle bots, and other extractive strategies that many Pump.fun and Four.meme token launchers use.
BTC Bull Token holders will receive free Bitcoin at every key milestone on the project’s journey to a $1 million price tag. They’ll also receive free $BTCBULL tokens.
The project has also received coverage from prominent traders such as ClayBro, who said it could “make some people rich.”
Solaxy is another promising meme coin to buy right now. Like BTC Bull Token, Solaxy does far more than your average Pump.fun meme coin.
In fact, Solaxy is aiming to revolutionize the network on which Pump.fun is built. It’s the first ever Solana layer 2 blockchain.
Solaxy aims to make transactions cheaper, faster, and more reliable than transacting directly on the Solana layer 1. The goal is to eradicate Solana’s long-standing congestion issue.
Given the prevalence of meme coins on Solana, the Solaxy price could explode as the meme coin industry grows.
The project’s ongoing presale has raised over $20 million so far.
Analyst Umar Khan recently said the project could 100x in price, citing its impressive presale strength as a reason why.