#Mubarak新品火热

MUBARAK is online, reportedly a meme coin launched by CZ. Currently, only the contract is online, and there is no spot trading available.

People have developed a habitual mindset that when a new coin is launched, they should short it. However, for varieties that only have contracts available, one should not be too hasty to short for two reasons: first, the new product has just been released, and the hype period is still ongoing; second, if Binance launches spot trading next, the speculative enthusiasm will likely increase.

In summary, when encountering such varieties that only have contracts available, it is wise to cautiously look for long opportunities first, and then wait for the hype to subside before shorting; only then will it drop significantly.