The price of Memecoin Mubarak (MUBARAK) has surged by 70% in the past 24 hours to $0.1990, making its market value reach around $200 million just two days after its launch. An initial investor managed to turn a $232 investment into $1.1 million, achieving a remarkable 4860x return. Currently holding 5.16 million tokens across three different wallets, valued at approximately $764,000, this investor capitalized on buying 10.5 million Mubarak tokens at $232 and selling a portion for $363,500. With the endorsement of Changpeng Zhao, the Binance founder, and listing on the Binance Alpha platform, Memecoin Mubarak has witnessed rapid growth. Analyst Thanos remains optimistic about Mubarak’s future, describing it as a low-risk investment at current prices, foreseeing potential upward momentum post-market correction.
