4USDT is not a standalone currency, but rather a reference to a perpetual contract for the mysterious meme coin "4," which is traded on futures platforms and settled using Tether (USDT). "4" is a simple meme coin based on a single digital identity, known for its social media buzz and viral marketing, and built on the BNB Chain.

Glossary:

4 (meme coin):
A digital currency that relies more on social trends and sentiment than traditional technology, and is characterized by its simple logo (the number 4).

USDT (Tether):
A stablecoin pegged to the US dollar, used as a settlement medium for derivatives trading; the value of contracts is measured in USDT. 4USDT (Perpetual Contract): This is a derivative contract (futures) that allows traders to speculate on the price of the 4 currency, both up and down, using leverage, with profits and losses settled in USDT (digital dollar).

In short: You are not buying a currency called "4USDT," but rather a derivative contract on the 4 currency that is settled in USDT. This is a high-risk currency that relies heavily on hype and community dynamics.

Image sources: detafour, Al Nahda News