<\/p>\n
BNB Chain is rolling out a $45 million \u201creload airdrop\u201d to recognize users who were active during last week\u2019s memecoin chaos, though the team stresses it\u2019s about appreciation. But the program follows a brutal market swing where dozens of memecoins on BNB Chain lost most of their value.<\/p>\n
<\/p>\n
After a wild week where traders made and lost fortunes in minutes, BNB Chain is trying to calm the chaos with what it calls an airdrop for users who might\u2019ve gotten burned in the latest memecoin crash.<\/p>\n
In a Monday post on X<\/a>, Oct. 13, the blockchain announced what it called a $45 million \u201creload airdrop,\u201d saying \u201cmarket conditions have created turbulence across the broader crypto landscape, yet the BNB community continues to build, create and stay engaged through it all.\u201d<\/p>\n The initiative, organized with Four.Meme, a memecoin launchpad and supported by decentralized exchange platform PancakeSwap, Binance Wallet, and Trust Wallet, will distribute $45 million worth of Binance Coin (BNB) to more than 160,000 users who traded memecoins in recent days, the X post reads. The airdrops will start rolling out this week and finish by early November.<\/p>\n BNB Chain said the move was designed to \u201cshow appreciation for our users and builders, especially the memecoin community.\u201d However, in a follow-up post, the team clarified what the project is really about:<\/p>\n \u201cThis initiative focuses on supporting users who experienced losses while trading memecoins during the recent market volatility.\u201d BNB Chain<\/p>\n<\/blockquote>\n In commentary to crypto.news, a spokesperson for BNB Chain said the airdrop is an action to show \u201ccommunity appreciation, not compensation,\u201d adding that the initiative is \u201cnot a reimbursement program.\u201d<\/p>\n \u201cIt is not an incentive for risky behavior, but a way to recognise and assist users who remained active despite recent market volatility. In regards to wallet selection, the teams will publish more details soon.\u201d BNB Chain spokesperson<\/p>\n<\/blockquote>\n <\/p>\n The initiative comes after a spectacular run \u2014 and equally sharp collapse \u2014 in the BNB Chain\u2019s memecoin space. Over the past week, traders piled into new tokens like \u201c4,\u201d a memecoin that exploded after Binance co-founder Changpeng Zhao retweeted a meme about it.<\/p>\n Some wallets turned a few thousand dollars into millions within days. One trader reportedly flipped $3,500 into $7.9 million. As crypto.news reported, Four.Meme in a moment even generated $1.4 million in daily revenue, surpassing Pump.fun\u2019s $885,442.<\/p>\n But the frenzy didn\u2019t last long. On Oct. 13, Zhao posted<\/a> a disclaimer saying his tweets \u201care not endorsements,\u201d adding, that now he tweets \u201cnormally, any overlap to memes is coincidental, not endorsement.\u201d<\/p>\n\n
\n
Moment of craze<\/h2>\n