Crypto trader turns $120 into $205,800 on BNB Chain meme coin

NiuLai, which translates to "Bull Comes" or "Here Comes the Ox," is a BNB Chain meme token inspired by a Chinese animated film. The movie drew little attention after its release but went viral across Chinese social media platforms as clips and images spread. The online buzz quickly spilled into crypto markets, where traders launched and speculated on related tokens.

NiuLai launched in mid-August as the film went viral. Early buyers benefited as the token's market cap surged from a few thousand dollars to between $18 million and $20 million, supported by trading on PancakeSwap and other decentralized exchanges. The market cap peaked at $29 million before a sharp drop.

Viral internet trends can fuel massive but short-lived gains in meme coins, though such returns remain rare and highly speculative.