Can Mubarak be the fastest meme to hit $500m.mcap?

[Iamcrypticguy]

Woke up to see Mubarak trending—it's a CTO token with CZ affiliation, though I don't know the full story yet. It's up over 300% in less than 24 hours and currently trading around a $150M market cap. 

It's already listed on most of the top five exchanges within a short period and is on BSC. We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

[Sanitough]

We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

It’s too early to say, but since you mentioned it’s affiliated with CZ, there’s a possibility it could be listed on Binance, right?

Judging by its trading volume, it looks promising, over $100 million.. so there’s definitely some hype around this coin, at least for now, since it’s new. But we’re looking at its future here, so if this project has real potential, securing a Binance listing as soon as possible would be the best move.

[ultrloa]

We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

It’s too early to say, but since you mentioned it’s affiliated with CZ, there’s a possibility it could be listed on Binance, right?

Judging by its trading volume, it looks promising, over $100 million.. so there’s definitely some hype around this coin, at least for now, since it’s new. But we’re looking at its future here, so if this project has real potential, securing a Binance listing as soon as possible would be the best move.

He's not affiliated with the project but rather he just invest some small amount for this project see this one.

Changpeng Zhao (CZ), the founder and former CEO of Binance, purchases the BNB Chain-based meme coin “Mubarak” (MUBARAK). Leading blockchain analytics platform Lookonchain indexed the transaction yesterday, noting that the Binance founder purchased $600 worth of MUBARAK tokens, equivalent to 1 BNB.

Read more from here https://www.binance.com/en/square/post/21664482133730

CZ just spend $600 in that project those people hype this meme coin says that CZ is affiliated with this project. This is total deception and it doesn't mean CZ purchase that token it means that meme coin has great potential. Although it had a great volume from other exchange well we can say that its early to tell about everything especially if this meme coin would really hit $500m cap, but well see since for what CZ did it seems this token gain hype from lots of people.

[Sanitough]

We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

It’s too early to say, but since you mentioned it’s affiliated with CZ, there’s a possibility it could be listed on Binance, right?

Judging by its trading volume, it looks promising, over $100 million.. so there’s definitely some hype around this coin, at least for now, since it’s new. But we’re looking at its future here, so if this project has real potential, securing a Binance listing as soon as possible would be the best move.

He's not affiliated with the project but rather he just invest some small amount for this project see this one.

Changpeng Zhao (CZ), the founder and former CEO of Binance, purchases the BNB Chain-based meme coin “Mubarak” (MUBARAK). Leading blockchain analytics platform Lookonchain indexed the transaction yesterday, noting that the Binance founder purchased $600 worth of MUBARAK tokens, equivalent to 1 BNB.

Read more from here https://www.binance.com/en/square/post/21664482133730

CZ just spend $600 in that project those people hype this meme coin says that CZ is affiliated with this project. This is total deception and it doesn't mean CZ purchase that token it means that meme coin has great potential. Although it had a great volume from other exchange well we can say that its early to tell about everything especially if this meme coin would really hit $500m cap, but well see since for what CZ did it seems this token gain hype from lots of people.

I don’t get why they have to mention CZ’s name when he only spent $600.

That line from OP "It’s a CTO token with CZ affiliation" could easily hype up the project for those who don’t dig deeper. But once people realize the truth, the same pumps OP witnessed could just as easily reverse when those manipulating the price decide to dump.

[coin-investor]

I don’t get why they have to mention CZ’s name when he only spent $600.

That line from OP "It’s a CTO token with CZ affiliation" could easily hype up the project for those who don’t dig deeper. But once people realize the truth, the same pumps OP witnessed could just as easily reverse when those manipulating the price decide to dump.

Even if it's $10, the shills will perceive this as a sign of support; even a word of encouragement is enough to create a ripple that investors will perceive that we should buy this meme.
I have not seen the data yet but like all the memes that come before Mubarak, it will suffer the same fate like all its predecessor, so if you're playing this game, I always advice people to understand how shilling works and avoid being clingy or have an emotional attachment to any memes because that's the easiest way to get burned.

[Reatim]

Woke up to see Mubarak trending—it's a CTO token with CZ affiliation, though I don't know the full story yet. It's up over 300% in less than 24 hours and currently trading around a $150M market cap. 

cz’s affiliation is kinda random lol is he muslim? mubarak is obviously a salutation with muslims this is why people say ramadan mubarak to say blessed ramadan

It's already listed on most of the top five exchanges within a short period and is on BSC. We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

it could be popular within the muslims but does the islamic community have specific ideologies about money that may prevent them from getting involved in crypto? maybe not so this might end up quite popular after all

[Pandorak]

We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

I personally see most of the people who buy this token are people who are affected by FOMO, expecting to get big profits in a short time.

This token has a very large risk if you don't use the right money management, it's just a matter of time for the whales to sell their ownership of this token after getting a big profit.

Just a suggestion not an opinion, never expect too much from meme tokens, you just buy, get profits and then exit.

[Hispo]

To be honest, I would not even consider to buy this one...
After what happened to Trump coin and the money which was lost by millions of people around the world, why would anyone continue to consider investing (rather gambling) on memecoins this year?
If there is something to learn from both Libra and Trumpcoin is that it does not matter the personality who is behind a coin or who is backing a coin or project, if there is no real world utility to it and real value, then the price of the coin will inevitably collapse.
This seems to be a project aimed toward the muslin community of the cryptocurrency system, which is shameful, how some people can try to take advantage of others religion in order to get liquidity from them.

[len01]

cz’s affiliation is kinda random lol is he muslim? mubarak is obviously a salutation with muslims this is why people say ramadan mubarak to say blessed ramadan

How about this A bit funny but I'm sure CZ is just respecting tolerance

I personally see most of the people who buy this token are people who are affected by FOMO, expecting to get big profits in a short time.

Exactly, and they take advantage of certain conditions to gain quick profits. What I see now is that muslims are in the month of ramadan and certain people believe that the meme token can increase rapidly. On the one hand, like the picture I included above, people are too inspired by CZ and associate the meme token and make the hype to all traders and there is a massive FOMO.

[Iamcrypticguy]

We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

It’s too early to say, but since you mentioned it’s affiliated with CZ, there’s a possibility it could be listed on Binance, right?

Judging by its trading volume, it looks promising, over $100 million.. so there’s definitely some hype around this coin, at least for now, since it’s new. But we’re looking at its future here, so if this project has real potential, securing a Binance listing as soon as possible would be the best move.

It's already on binance perps, on Bybit and on Bitget spot market.

Price trend is actually good. This is surprising I must say. Already placed an order though .

Woke up to see Mubarak trending—it's a CTO token with CZ affiliation, though I don't know the full story yet. It's up over 300% in less than 24 hours and currently trading around a $150M market cap. 

cz’s affiliation is kinda random lol is he muslim? mubarak is obviously a salutation with muslims this is why people say ramadan mubarak to say blessed ramadan

It's already listed on most of the top five exchanges within a short period and is on BSC. We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

it could be popular within the muslims but does the islamic community have specific ideologies about money that may prevent them from getting involved in crypto? maybe not so this might end up quite popular after all

That's the catch don't you think? CZ invested $600 in the token. The story is just Crazyyyy for a Monday haha.

[Odusko]

Woke up to see Mubarak trending—it's a CTO token with CZ affiliation, though I don't know the full story yet. It's up over 300% in less than 24 hours and currently trading around a $150M market cap. 

It's already listed on most of the top five exchanges within a short period and is on BSC. We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"

What I advise most newbies in memetics investment is never to trust the hype because the entire meme coins ecosystem is built on hype and no real support for the project and at that we see many of them failing in their price sustainability and at some point even losing to a zero Base, so most time what we advice is that you make sure you buy them at a low price and make sure you sell along with the market hypes, so for anyone who is looking to take memecoin as a long term investment should think twice before making such a mistake.

[Kavelj22]

Interesting new shitcoin again. Now everyone will join the hype and another trump family coins story is about to reborn. And again, we don't know who is behind this project and how get listed so fast in this way.

Honestly, using the word "Mubarak" this time is a clever shot. Many from the arab golf will enjoy the trend knowing that cz is operating binance from UAE which is full of wealthy people.

[Pandorak]

I personally see most of the people who buy this token are people who are affected by FOMO, expecting to get big profits in a short time.

Exactly, and they take advantage of certain conditions to gain quick profits. What I see now is that muslims are in the month of ramadan and certain people believe that the meme token can increase rapidly. On the one hand, like the picture I included above, people are too inspired by CZ and associate the meme token and make the hype to all traders and there is a massive FOMO.

I honestly feel sorry for the retailers who decided to buy this token, they don't realize that they will only be liquidity out for the whales who bought early with large capital.

I admit it's smart that dev and the “Mubarak” token team managed to take advantage of the moment in the month of Ramadan and it turned out that this method managed to attract the attention of traders which resulted in a significant increase in price, but this will not last long, because the foundation of the sustainability of memecoin prices is hype, when the token loses its hype, the price will gradually fall like “TRUMP”.

[DeathAngel]

Probably not, in all likeliness it gets rugged & dumps over 50% within a week. These type of tokens always create a big load of interest & then they get dumped…..hard. It’s obviously getting publicity because it is Ramadam people are flooding to it because of that. Proceed with caution if you plan to invest.

[Mrbluntzy]

From my experiences since I learned about cryptocurrencies, most of the time, altcoins like that never gets to beat such high expectations of people, what happens is that after a large displacement has happened in the market which could be caused my market manipulator, then the price will begin to dump with same speed which the price pumped. @OP, I don't think that it's possible to reach the $500 million market cap before the dump will start. Itt good to always take profit while you still can.

[gunhell16]

It depends on the marketing team of Mubarak, if they can think of a strong strategy to encourage people to invest in Mubarak, it is possible to see that 500 million dollar market cap,
and its price can probably be 0.5$ which is not bad actually.

That's just because it's too early, because it's new to the crypto space field, so it seems like what will happen now is more on hype that is almost no different from when
Pi started here in the crypto space. Where even up to now on going to hype the crypto community.

[nestex_one]

Probably not, in all likeliness it gets rugged & dumps over 50% within a week. These type of tokens always create a big load of interest & then they get dumped…..hard. It’s obviously getting publicity because it is Ramadam people are flooding to it because of that. Proceed with caution if you plan to invest.

I'm planning to short it as soon as it lists on binance. Got good results doing that with BIO.

[Odusko]

From my experiences since I learned about cryptocurrencies, most of the time, altcoins like that never gets to beat such high expectations of people, what happens is that after a large displacement has happened in the market which could be caused my market manipulator, then the price will begin to dump with same speed which the price pumped. @OP, I don't think that it's possible to reach the $500 million market cap before the dump will start. Itt good to always take profit while you still can.

. I won't want to make a quick concluding statement as regards this project and since the ops did not make mention of his involvement with the project whether he is an investor, promoter or a team member to warrant him writing all of those things the project, knowing his stand and position with this project will give us insight to what we can give out as our opinion in this regards, but on a generally acceptable risks measures, we should never trust meme coins for any reason and always follow the trends when it comes to meme coins.

[Halime Anatolia]

I personally see most of the people who buy this token are people who are affected by FOMO, expecting to get big profits in a short time.

This token has a very large risk if you don't use the right money management, it's just a matter of time for the whales to sell their ownership of this token after getting a big profit.

Just a suggestion not an opinion, never expect too much from meme tokens, you just buy, get profits and then exit.

True, this keeps repeating with the same movie with different cassettes as it happened with some with Pnut coins and until now the position has not gone up after their pump that was able to attract the attention of many people at that time. For other coins that have just been listed on several exchanges, it is not necessary for the coin to just bararak, most likely it will be the same. Just look at the price today after listing and rebounding for a while and immediately following the dump along with BTC going down.

[Iamcrypticguy]

Probably not, in all likeliness it gets rugged & dumps over 50% within a week. These type of tokens always create a big load of interest & then they get dumped…..hard. It’s obviously getting publicity because it is Ramadam people are flooding to it because of that. Proceed with caution if you plan to invest.

I'm planning to short it as soon as it lists on binance. Got good results doing that with BIO.

How did your short go mate? Cos I'm sure you got liquidated due to the price action I'm looking at here.


Mubarak is actually doing well and it's price actually isn't manipulated..so good change it could reach $500m mcap or more..

From my experiences since I learned about cryptocurrencies, most of the time, altcoins like that never gets to beat such high expectations of people, what happens is that after a large displacement has happened in the market which could be caused my market manipulator, then the price will begin to dump with same speed which the price pumped. @OP, I don't think that it's possible to reach the $500 million market cap before the dump will start. Itt good to always take profit while you still can.

Good advise buddy, I actually told little profits and I hold a moonbag now..but from the rogue action I shared earlier, it doesn't show signs of being a pump and dump token imo