Daniel Hristov

Dear colleagues,
Today, the topic of Telegram projects awaiting listings this spring came up again. Here is my analysis of the BLUM project.

Context for BLUM
BLUM is a hybrid exchange that integrates centralized (CEX) and decentralized (DEX) functionalities, launched as a mini-app on Telegram in April 2024. The project has garnered significant attention with over 30 million users and backing from Binance Labs through the MVB VII program. Currently, the $BLUM token is in a pre-market phase on exchanges like Gate.io and BingX, providing some insight into its early price levels.
Factors for the Guess
1. **Pre-Market Price**:
- According to data from X and web sources, $BLUM is trading at a pre-market price of around $0.00087 on BingX (as of March 2025) and around $0.026 on other platforms. However, this is pre-listing and reflects speculation rather than open-market liquidity.
- Gate.io started pre-market trading on October 16, 2024, with prices ranging between $0.02 and $0.05 according to various predictions.

2. **Total Token Supply and Market Cap**:
- The total supply of $BLUM is 10 billion tokens (per coingabbar.com). Assuming an initial circulating supply of 10% (1 billion tokens), the market cap at listing will depend on the starting price.
- Successful meme tokens or hyped projects often launch with market caps between $10 million and $1 billion.

3. **Comparison with Other Projects**:
- **Notcoin (NOT)**: Launched at around $0.01 with a $1 billion market cap, thanks to its massive Telegram community (55 million users). BLUM, with 30 million users, might follow a similar pattern.
- **Bonk (BONK)**: Peaked at $0.000045 after listing, starting from a much lower base ($0.0000001), suggesting potential for rapid growth with strong interest.

4. **Hype and Market Expectations**:
- Predictions for $BLUM vary widely. Some sources (e.g., CoinGabbar) forecast a starting price of $0.05 to $0.1667, while others (X posts) mention higher levels like $0.5 or even $1, though this seems exaggerated for a launch.
- Support from Binance Labs increases the likelihood of a listing on a major exchange like Binance, which could boost demand.

Guess for Listing Price
Based on the above, here’s my estimate:
- **Likely Starting Price**: $0.03 – $0.08
- **Reasoning**:
- Pre-market levels ($0.02–$0.026) indicate a baseline, but a listing on a major exchange typically causes a spike due to liquidity and visibility. A price of $0.03–$0.08 suggests a market cap between $30 million and $80 million with 1 billion circulating tokens, which is realistic for a project of this scale and community.
- The comparison with Notcoin supports this range, though BLUM has a stronger foundation (hybrid exchange vs. pure meme token).
- **Potential Short-Term Peak**: If the hype is strong, the price could jump to $0.15–$0.20 in the first few days post-listing before stabilizing.

- **Optimistic Scenario**: $0.1667 (as predicted by CoinGabbar)
- This would imply a market cap of $166.7 million with 1 billion tokens, possible if Binance announces a listing and the hype is massive.

- **Pessimistic Scenario**: $0.01 or less
- If the market is in a bearish phase or the listing is only on smaller exchanges, the price could stay low.

Conclusion
My best guess is that $BLUM will start between **$0.03 and $0.08** upon listing, with potential for a quick rise to $0.20 if market conditions are favorable and the community remains active.

Dear Colleagues,
Some of my followers asked me about the fate of the meme token Mubarak. I’m not part of the team or an insider with access to key details, so I’m providing this technical analysis and letting everyone draw their own conclusions.
Context for Mubarak ($MUBARAK)
Mubarak is a meme cryptocurrency launched on the BNB Chain in March 2025. It gained significant attention after a rapid surge in value, fueled by speculation about a connection to Binance founder Changpeng Zhao (CZ) and high trading activity. According to X posts and web sources, the token reached a market cap of $200 million in under 48 hours, and one trader turned $232 into $1.1 million, indicating extreme volatility and interest.
Technical Analysis
Technical analysis focuses on price movements, trading volume, and key support and resistance levels. Here’s the breakdown:
1. Trend and Price Movements
- Early Bullish Impulse (March 13-18, 2025): According to an X post by @Yoda_web3, Mubarak saw a nearly 100x increase between March 13 and 18. This suggests a strong upward trend, likely driven by hype around CZ and community activity (e.g., “everyone making secondary creations”). Key levels during this period were likely around $0.15 (noted as a peak before correction).
- Correction and Consolidation (March 18-27, 2025): After the peak on March 18, a “washout” phase began, followed by a brief recovery attempt on March 23 that failed to sustain momentum. The price dropped from $0.15 to $0.069-$0.075 (per @siyizhisheng3), showing fluctuations and weakening bullish pressure.
- Bearish Impulse (March 27 - April 1, 2025): From March 27, the price began a steady decline, reaching $0.057 (noted by @Axb168279 on April 1). This suggests the token has entered a bearish phase or at least a longer consolidation after the hype.
2. Key Support and Resistance Levels
- Support:
- $0.057 (current level as of April 1 per @Axb168279) – a potential zone to halt the decline, mentioned as a buy point with a high risk-reward ratio.
- $0.05 or lower – if it breaks the current support, the next level could be a psychological boundary or a prior low (no exact historical data to confirm).
- Resistance:
- $0.069-$0.075 – a zone of prior fluctuations acting as resistance during recovery attempts.
- $0.15 – a strong resistance level, marked as the peak before the correction.
3. Trading Volume
- On March 19, volume hit $72.7 million in 24 hours (per @CI_Community_), later rising to $214.1 million (per @Augura_ on March 29). High volume during the peak indicates strong interest, but the price drop with still-high volume ($214.1M at $0.069) suggests distribution – large players likely exiting while retail investors hold positions.
4. Indicators
- RSI (Relative Strength Index): Though I lack precise data, the 100x surge likely pushed RSI into overbought territory (>70) around March 18. The current drop to $0.057 may indicate a move toward a neutral zone (30-50), suggesting the token is neither overbought nor oversold currently.
- Moving Averages: If the 50-day or 20-day moving average remains above the current price (e.g., around $0.10-$0.15), this would confirm the bearish trend. A break above a short-term MA (e.g., 10-day) would signal a potential reversal.
- Bollinger Bands: With the drop from $0.15 to $0.057, the price is likely nearing the lower band, which could indicate an upcoming bounce or temporary stabilization.
5. K-Line Structure
- Per @siyizhisheng3, on March 29-30, Mubarak showed repeated fluctuations between $0.069 and $0.075. This suggests the formation of a sideways range, but the subsequent drop below $0.069 on April 1 indicates a downward breakout, a bearish signal.
Conclusion and Strategy
- Current State: As of April 1, 2025, Mubarak is in a downtrend following the initial hype. The price at $0.057 is near potential support, but volume and market sentiment suggest waning interest.
- Short-Term Outlook: If the price holds $0.057, we might see a bounce to $0.069-$0.075. A break below $0.057 could lead to further decline, possibly to $0.05 or lower.
- Strategy:
- Buy: A small position at $0.057 targeting a short-term bounce to $0.069 (20% potential profit). Stop-loss below $0.055.
- Wait: If you’re a conservative investor, wait for reversal confirmation (e.g., a break above $0.075 with rising volume).
- Risk: As a meme coin, Mubarak is highly volatile and dependent on social factors (e.g., CZ’s actions or community momentum). This increases the risk of sudden moves.

Dear colleagues,
This summer we expect another project.
Mutuum Finance is emerging as one of the most promising players on the scene. With an innovative approach, ambitious vision, and impressive results even in its early stages, this platform attracts the attention of investors and enthusiasts from around the world. Mutuum Finance not only proves its potential but also lays the foundations for a revolution in the way we borrow, lend, and earn in the crypto space.

Dear colleagues,

A long time ago, I wrote a theory about the “wolf market” on the stock exchanges. Back then, cryptocurrencies were not at all relevant, there was almost nothing to trade with, and it wasn’t as easy or intuitive as it is now.

However, the last six months have made me realize that, besides “bullish” and “bearish” markets, the market can also be “wolfish.” I’m aware that most people might not understand what I mean, but I’ll do my best to be as clear and well-reasoned as possible.

It seems likely that a “wolf market” could exist in cryptocurrencies, defined as a market with high volatility, manipulations by groups, or conditions for constant profit for developers, whales, and other parties tied to specific projects. These characteristics are common in the crypto ecosystem, supporting the possibility of such a market existing, much like bearish and bullish markets. Doesn’t this sound like a description of today’s situation in the crypto sphere?!

For over a year, I’ve been observing certain trends, one of which is the increase in crypto users by more than 100 million people from 2024 to 2025. This year, over 840 million crypto wallets have been counted! This leads me to think that in recent years, and moving forward, many new people will join us, trying to trade and enter this business. Naturally, these people represent potential and fresh money in the system. But let’s be honest—these are also people who still don’t understand much. These individuals need to be attracted and retained through their purely human weaknesses: hopes, fears, desires, and dreams…

And here come the meme coins. Why? Well, they rely on people’s hopes, they’re cheap (you see $100 as a small amount, but you could turn it into $1000). Developers and influencers see them as a quick way to get rich, while whales, who have insider information through trading meme coins, suck everything up and convert it into $BTC
How does this happen, or what’s the scheme? Imagine someone with information, or who’s part of a meme project, invests $1000, and the corresponding meme coin rises in price from $0.00010 to $0.010. That’s $100,000 from $1000—at today’s prices, that’s more than 1 BTC. Easy, right? And this money comes from people who lack information, driven only by a huge desire for quick riches and gambling addiction. Through various projects fueled by people’s moods and mass hysteria, certain individuals profit both in the short and long term.

In this context, the “Wolf Market” can be linked to markets dominated by aggressive trading practices or group dynamics, reflecting psychological aspects like fear, greed, or loyalty to the community. For example, in some cultures, wolves are associated with aggression or cunning, which could mirror markets with high competition and risky strategies—something often seen in the crypto ecosystem. And let’s not forget that wolves howl while looking at the Moon… ;)

Dear colleagues,
A long time ago, I wrote a theory about the 'wolf market' in exchanges. Back then, cryptocurrencies were not relevant at all, and there was almost nothing to trade, plus it wasn't as easy and intuitive as it is now.
However, the last six months have made me realize that besides 'bull' and 'bear', the market can also be 'wolfish'. I know that most people won't understand exactly what I mean, but I will try to be as clear and reasoned as possible.

For years, a Binance listing was the golden ticket for cryptocurrencies—a near-guaranteed price surge dubbed the "Binance Effect." Tokens like Stargate (STG), which soared 152% in a day after its August 2022 listing, exemplified this phenomenon. However, in early 2025, a new trend has emerged: the "Binance Defect." The last five tokens listed on the exchange have each shed 30% or more of their value shortly after debut, raising questions about whether Binance’s magic touch has turned into a curse.

Take the TRUMP token as a prime example. Launched on Binance on January 19, 2025, with much fanfare as the official meme coin tied to Donald Trump, it hit a peak of $73 before plummeting over 75% to $19 by early February, per CoinGecko data. This wasn’t an isolated case. Posts on X from late March 2025 lament Binance’s recent listings as "programmed to rekt users," with tokens like Mubarak (MUBARAK) dropping 42% in a week after peaking at $0.12. The pattern is clear: initial hype gives way to steep declines, leaving investors burned.

What’s driving this "defect"? Market saturation is a key culprit. Binance has ramped up its listing frequency—44 tokens in 2024 alone, according to Animoca Research—diluting the impact of each debut. Many of these projects, often meme coins or low-utility tokens, lack the fundamentals to sustain value post-hype. The psychology mirrors a pump-and-dump: early buyers cash out, and latecomers bear the losses. A 2024 CryptoSlate report noted that new tokens on major exchanges, including Binance, saw median declines of 40–70% within months, a stark contrast to the 73% average gains Ren & Heinrich documented in 2023.

External pressures compound the issue. Regulatory scrutiny and macroeconomic shifts—like Trump’s February 2025 tariff announcements impacting risk assets—have dampened bullish sentiment. Binance’s own reputation has taken hits, with X users in March 2025 accusing it of "listing scammy coins" amid operational controversies, further eroding trust. Unlike the Coinbase Effect, which retains some allure, the Binance Defect reflects a market where hype no longer guarantees success.

Could this change? If Binance curates higher-quality projects or if market conditions rebound, the defect might fade. For now, though, investors face a sobering reality: a Binance listing in 2025 is less a rocket to the moon and more a warning of turbulence ahead. Caveat emptor—let the buyer beware.

Launched on March 12, 2025, on the Binance Smart Chain (BSC), Mubarak (MUBARAK) has quickly captured attention in the crypto world. Branded as a meme coin with cultural resonance—its name meaning "blessed" in Arabic—this token has surged in popularity, boasting a market cap of over $127 million and daily trading volumes exceeding $70 million within weeks of its debut. But as with many hyped-up crypto projects, the question looms: Is Mubarak a fleeting pump-and-dump scheme designed to fleece investors, or does it have the legs to hit a $1 valuation? Let’s explore both sides.
The Case for a Pump-and-Dump Scheme
Mubarak’s meteoric rise bears hallmarks of a classic pump-and-dump. Meme coins, by nature, thrive on hype rather than utility, and Mubarak is no exception. Its initial surge—spiking 28% on March 19 after Changpeng Zhao (CZ), Binance’s former CEO, changed his social media profile picture to resemble the token—suggests heavy reliance on influencer-driven momentum. Posts on X from March 19 highlight a $72.7 million 24-hour trading volume and rumors of a Binance listing, fueling FOMO (fear of missing out) among retail investors. Yet, this buzz echoes patterns seen in tokens like TRUMP, which crashed over 75% after its Binance listing in January 2025, hinting at a potential "Binance Defect" where hype evaporates post-listing.
The numbers raise red flags too. With a fixed supply of 1 billion tokens, Mubarak’s current price hovers around $0.068 (as of March 30, per MEXC data), down 42% in the past week according to CoinGecko. This volatility, coupled with a lack of clear utility beyond community hype, aligns with Chainalysis findings that 24% of 2022’s new tokens were pump-and-dumps, netting scammers $30 million while leaving investors with losses. If Mubarak follows this script, early holders—possibly including insiders—could dump their bags after a listing, leaving latecomers holding a devalued asset.
The Case for Reaching $1
On the flip side, Mubarak has factors that could propel it toward $1—a 15x increase from its current price. Its community-driven model has fostered rapid adoption, particularly in the Middle East, where cultural ties amplify its appeal. X posts from @DogeshiKun on March 27 praise its "organic, strong, and friendly" community, noting millions of dollars in MUBARAK held by Binance and Wintermute, a major market maker. This suggests institutional interest, a key driver for sustained growth.
The Binance connection adds weight. CZ’s $600 token purchase and the exchange’s March 17 announcement of a MUBARAK/USDT perpetual contract with 25x leverage signal potential legitimacy. Historically, Binance listings have boosted tokens like Stargate (STG) by 152% in a day (August 2022). If listed, Mubarak could see a similar surge, especially with BSC’s low-cost ecosystem volume. Mudrex predicts a bullish $1.20 by 2027, driven by meme coin trends and community momentum, implying $1 in the near term isn’t far-fetched if sentiment holds.
The Verdict
Mubarak teeters on a knife’s edge. Its reliance on hype and lack of intrinsic value scream pump-and-dump, especially given recent losses and the "Binance Defect" precedent. Yet, its community strength, institutional backing, and BSC’s scalability offer a glimmer of hope for a $1 run—provided it avoids a post-listing crash. For now, it’s a high-risk gamble. Investors should tread cautiously, diversify, and watch for signs of insider selling or fading momentum. In the wild west of meme coins, Mubarak could bless its holders—or leave them cursing their luck.
$MUBARAK

Dear colleagues,
I have always aimed to be objective in what I say and write, and now after several months of observation and analysis, I am ready to debunk yet another myth that you, as consumers and investors, have probably heard, but somehow has slipped away.
In the crypto world, listing on Binance was traditionally considered a sure path to a price spike – the so-called 'Binance effect'. But in recent months, we are observing a reverse phenomenon that we can call the 'Binance defect'. The last five currencies added to the platform, including the #TRUMP token (74%) and #MUBARAK (75%), lost value shortly after listing – a phenomenon that raises questions about the changing dynamics of the market. I am not saying that Binance and other platforms are to blame for the decline in asset prices, but rather that the difference in public sentiment, distrust, and temporary tokenomics leads to such 'defects'.

Dear colleagues,
Some of you have labeled me as pessimistic. Here’s a bit of information that I have been gathering for three days just to be somewhat balanced. I looked at several facts that could lead to a potential rise in the crypto market.
1. Bitcoin ETFs are seeing record inflows

Dear colleagues,

In this article, I will explain the main differences between **coin** and **token** in cryptocurrencies in a simple and clear way, focusing on what is important for understanding them in the context of technologies and their use.

### Key Differences Between Coin and Token

1. **Own Blockchain Network**