October 10, 2024 will remain etched in the memory of meme coin traders<\/a> on BNB<\/a> Chain. Within a few hours, billions of dollars literally evaporated from tokens launched via Four.Meme. This no-code platform allows anyone to create and list tokens in just a few clicks. The platform, which had generated colossal trading volumes<\/strong> since its launch, found itself at the center of the storm.<\/p>\n\n\n\n The extreme volatility<\/strong> that characterizes meme coins transformed into a veritable bloodbath. Tokens that had displayed triple-digit gains collapsed by 80 to 95% in just minutes<\/strong>, taking the savings of thousands of traders with them. Four.Meme’s automated liquidity<\/strong> mechanism, already criticized after an exploitation earlier in the year, could not absorb the selling pressure.<\/p>\n\n\n\n This brutal correction occurred within a broader market context where volatility reached peak levels. Yet unlike previous crashes, this one particularly hit the most speculative assets in the BNB Chain ecosystem. The native BNB token<\/strong> was relatively spared, even reaching a new all-time high<\/strong> above $1,370<\/strong>.<\/p>\n\n\n\n