- A dealer converted an investment of $ 232 in over $ 1.1 million by using the growing hype around Mubarak.
- The participation of Changpeng Zhao had strengthened confidence in Mubarak and attracted some dealers.
Mubarak, a new meme coin, has recently become a hot topic due to its amazing price increase. Not only because of his explosive performance, but also because of Changpeng Zhao, the founder of Binance, who for whatever reason was involved in the project.
In any case, with the purchase of Mubarak, Zhao triggered a chain reaction of hope among investors, which killed sales and changed the market dynamics.
$ 232 became 1.1 million
Not many would have thought that this coin would play a central role in the crypto community before the word Mubarak became known. But just a few days after his introduction, Mubarak had an increase in market capitalization of more than $ 200 million.
In the meantime there is a dealer who has managed to transform his small investment of $ 232 into more than $ 1.1 million by following the hype of this token.
A trader turned $232 into over $1.1M on $mubarak—a 4,860x return!
He spent only 0.4 $BNB($232) to buy 10.5M $mubarak and sold part of it for 576 $BNB($363.5K), leaving 5.16M $mubarak($764K) in 3 wallets.
Address:https://t.co/R944OLrKRghttps://t.co/PLFFUEuWur… pic.twitter.com/Cjvq6Tx9pG
— Lookonchain (@lookonchain) March 17, 2025
In addition, Binance Coin (BNB) now also recorded a significant increase in volume on his Dex. As CNF reported, the BNB turnover exceeded that from Solana on the Dex after the introduction of Mubarak. This shows how memoins actually have an impact on the movement of high assets in the cryptosystem and not just offer a entertainment value.
How Zhaos Buy postponed the market
Changpeng Zhao is not someone who reacts easily to fleeting trends. With the purchase of Mubarak, he gave investors a clear sign that this coin is more than just a meme. Although its purchase was only 1 BNB, i.e. about $ 600, the market has changed significantly. Many plunged into Mubarak as soon as the news seeped, because the course rose by more than 325%.
On the other hand, Zhao’s action reminds us that the momentum dominates the crypto market. A quick recognition of the circumstances can help small investors to achieve large returns in a short time. Of course, this joy also has a great risk.
Mubarak breaks the shape-more than just a meme coin
Even if this time is a little different, Mubarak is not the first meme coin to ensure a surprise. Usually comparable coins only depend on the buzz of your community, without any support for influential people in the crypto sector. But the presence of Zhao in the Mubarak system had changed everything. The coin is now a speculation instrument that can move the market, and not just a web joke.
In addition, Mubarak’s ability to attract large trading volume to Binance Chain that the Memecoin trend is far from over. It also signals other projects that you can be part of the next big wave with the right marketing plan and the support of influential personalities.
Hype or sustainability: does the trend keep up?
The question now is: is the matter over next week, or can Mubarak really survive on the market in view of the enormous increase in price and the increasing number of dealers who deal with it?
In the past, many meme coins have experienced course explosions, and after that it was like most explosions: it bangs once and that’s it. The difference this time is a prominent one – is that enough?
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