๐จ Remember the $MUBARAK
Coin? Hereโs the Story
Launched in March 2025, Mubarak $MUBARAK is a meme coin on Binance Smart Chain (BSC), named after the Arabic word for โblessed.โ Its popularity surged after Binanceโs Changpeng Zhao @cz_binance purchased 20,150 MUBARAK tokens for 1 $BNB (~$600), causing a 300% price spike.
At its peak, Mubarak reached $0.221, with a market cap of $120 million. Currently, itโs trading at $0.0343, with a market cap of approximately $34 million. Despite its decline, Mubarak remains active on exchanges like Binance and MEXC.While concerns about market manipulation and whale control have been raised, thereโs no confirmed evidence of a rug pull. However, investors should exercise caution and conduct thorough research before investing in such volatile assets.