A crypto trader managed to turn just $12 into an astonishing $6.5 million after betting on a meme coin frenzy.
The unexpected windfall came from Broccoli, a token that gained traction due to an unlikely source—former Binance CEO Changpeng Zhao’s dog.
Using Pump.fun, the trader acquired over 2 million Broccoli tokens with a minimal investment. As hype pushed the coin’s price up, the value of those tokens soared, delivering a jaw-dropping 55,000x return.
The sudden rise of Broccoli stemmed from a simple revelation—Zhao casually mentioned his dog’s name, leading to a surge in themed tokens. Within days, thousands of similar coins flooded the market, riding on the hype surrounding CZ.
Though Zhao had no direct involvement, the association was enough to trigger speculative buying.
At its peak, Broccoli hit $0.1256 before cooling off, now trading around $0.09345. The token boasts a multi-million-dollar market cap, but like most hype-driven coins, many similar projects have already collapsed. While some traders suffered losses, a lucky few, like this investor, walked away with life-changing gains.
Crypto analyst Michaël van de Poppe sees significant upside potential for Bittensor (TAO), a blockchain-based machine-learning network, while also sharing insights on Bitcoin and Ethereum.
Kanye West, known for his unpredictable moves, is diving into the world of cryptocurrency with his own token, YZY, despite his past disapproval of the space.
Solana’s token launch activity has significantly slowed down, with new token releases dropping to 49,779 on February 19, down from 95,578 in late January.
During a discussion on “Galaxy Brain,” Mike Novogratz shared his thoughts on the lasting influence of XRP and Cardano in the cryptocurrency market.