$MUBARAK
- *Current Price:* 0.0418 USDT
- *Daily Change Percentage:* -6.70% (Noticeable drop today)
- *Market Value:* 42.35 million dollars
- *Daily Volume:* 47.63 million = *112% of Market Value* → Very high trading (might be speculative).
- *Total and Circulating Supply:* 1 billion = *All the currency is available* in the market.
- *Previous Highest Price:* 0.2158 (achieved on 25-2-2024)
- *Previous Lowest Price:* 0.00027
- *Ranking:* Number 590 → Small or relatively new coin.
*Notes:*
- Trading above market value indicates high activity, but it is often *speculative*.
- It has lost more than 80% from its previous highest price, indicating a *strong correction wave* or *dump after a pump*.
- Not listed among the primary currencies on Binance, and it is mentioned that the data is "unconfirmed" = *High-risk project*.
*Conclusion:*
- The currency is *high-risk*, often aimed at quick speculation.
- If you plan to buy, it is better to wait until it establishes clear support.
- *Not suitable for long-term investment currently* due to the project's lack of clarity.