- Launch date $MUBARAK : Mid-March 2025 on the Binance Smart Chain (BSC) network.
Inspiration: The name “Mubarak” means “blessing” in Arabic, reflecting the combination of Middle Eastern culture and blockchain technology.
Financial support: Driven by a $2 billion investment from Abu Dhabi's MGX fund into a centralized exchange (CEX), creating strong confidence in the crypto market.
📈 Market performance
Current price: Approximately $0.06614 (up 27.2% in the last 24 hours).
Market capitalization: Approximately $66 million USD.
24h trading volume: Over $285 million USD, indicating significant interest from investors.
Price volatility: Increased over 140% in the past 7 days, reflecting excitement from the community and investors.
📊 Technical analysis
RSI index: Approximately 75, indicating the market is in an overbought state, which may lead to short-term price corrections.
Technical recommendation: On TradingView, technical indicators such as moving averages and oscillators show a “strong buy” signal, reflecting the current upward price trend.
🔮 Price prediction
Year 2025: Price is predicted to range from $0.12 to $0.60, depending on market conditions.
Year 2026: Could reach $1.20 in a positive scenario.
Year 2030: In the case of strong market growth, the price could reach $18.00.
⚠️ Risks and notes
High volatility: The price of MUBARAK has previously dropped 20% in 48 hours, indicating strong volatility of the memecoin.
Community-dependent: The value of MUBARAK largely relies on community support and activity, which can lead to risks if interest wanes.
Highly speculative: As a memecoin, MUBARAK is highly speculative and may not be suitable for investors seeking stability.
✅ Conclusion
- MUBARAK is a new memecoin with strong support from the community and a unique cultural background. However, as with any investment in cryptocurrency, especially memecoins, investors should exercise caution, conduct thorough research, and only invest what they can afford to lose.
