Breaking News: Binance Founder, CZ, Opens Long Position on Mubarak Coin, Experienced Sharp Rise❗🤯

The founder of Binance, Changpeng Zhao (#CZBINANCE), opened a long position on an altcoin on the APX platform during on-chain trading tests over the weekend. According to the details of the deal, CZ aimed to achieve a 20% profit. This transaction has caused a significant stir in the cryptocurrency market, leading to a lot of speculation.

The Binance founder, CZ, has reopened positions on the first meme coin he invested in.

As mentioned on Kriptokoin.com, the former CEO of Binance created a buzz by purchasing a meme coin called Mubarak (#MUBARAK) on the BNB chain on March 17. While CZ was conducting on-chain trading tests today, a long position on the Mubarak token (MUBARAK) was opened and monitored. According to the details, CZ's entry price was $0.149, with a profit target of $0.165. CZ's transactions on the chain have excited social media users and investors of the Mubarak coin. While some argued that this move could increase interest in Mubarak coin, others stated it was merely a test transaction. The publication of the transaction details on BscScan has driven curious cryptocurrency users to closely study this move.