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Trader Turns $1,000 into $1 Million with BNB Surge

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A long-term BNB investor achieved a 1,000-fold return as the cryptocurrency reached a new all-time high. Analysts at Lookonchain highlighted this development.

In 2017, the user purchased 999 BNB for $1,000, when each token was approximately $1.

On September 18, the coin’s price exceeded $1,000 for the first time, bringing the investment’s value to $1 million. One growth factor was the Federal Reserve’s interest rate cut. The positive trend was also boosted by news that Binance is preparing to exit U.S. regulatory oversight.

According to Nansen, the investor continues to hold the cryptocurrency rather than cashing out.

Successful APX Strategy

Researchers also reported on a trader who turned $226,000 into $2.3 million with APX. They noted that the user bought 3.62 million tokens in 2023.

In the past 24 hours, the asset’s price surged by over 540%. At the time of writing, it is trading at $0.56 with a market capitalization of $243 million.

Source: CoinGecko.

One user speculated that the investor who gained millions might be a member of the APX project team.

The excitement around the coin began with news of the launch of a decentralized exchange on BNB Chain called Aster, supported by Binance founder Changpeng Zhao.

According to Wise Advice, the platform emerged from the merger of Astherus and APX Finance in late 2024. Aster received backing from Binance’s venture arm — YZi Labs.

Earlier this autumn, the DEX announced the launch of the ASTER token and an airdrop. The release took place on September 17. APX holders can exchange their coins for the new cryptocurrency.

Back in mid-August, analysts at Lookonchain reported on an unknown trader who achieved a 55-fold return on Ethereum investments.

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