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Cryptocurrency News Articles

A Crypto Trader Managed to Turn Just $12 into an Astonishing $6.5 Million After Betting on a Meme Coin Frenzy

Feb 21, 2025 at 07:00 pm

The unexpected windfall came from Broccoli, a token that gained traction due to an unlikely source—former Binance CEO Changpeng Zhao's dog.

A Crypto Trader Managed to Turn Just $12 into an Astonishing $6.5 Million After Betting on a Meme Coin Frenzy

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.

READ MORE:

XRP and Cardano Survive Due to Early Advantage, Says Mike Novogratz

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.

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Other articles published on Feb 22, 2025