Is Mubarak the next TST? Can it rise 10 times?
First, let's take a look at the K-line charts of TST and Mubarak, there are many similarities.
Both coins are on the third day after launch, and on the last day when the 4-hour K-line is horizontal, it coincidentally happens that CZ posts again, and then both volume and price start to rise.
The narrative of TST is that it is a test coin for a new platform, with no insider trading.
The narrative of Mubarak stems from Binance's investment in the UAE, and a meme created by netizens, where CZ combines Arabic blessings for promotion.
There are many similarities between the two, but in terms of chip structure, the original TST was better.
Currently, with a market cap of less than 40M, there are over 7800 addresses holding the coin.
How to say, the second time definitely won't have as big a wealth effect as TST.
But in this market, being the only MEME hotspot is completely fine.