MUBARAK, a relatively new memecoin launched on the BNB Chain, has skyrocketed to unprecedented heights following its listing on Binance Alpha. The token soared by over 200% within 48 hours.
MUBARAK Enjoys The Binance Effect
MUBARAK was listed on Binance Alpha, and its perpetual contract was launched on Binance Futures on March 17, 2025. Binance’s decision to alpha list MUBARAK has proven to be a catalyst for the memecoin’s astonishing rise.
The mere mention of a potential listing on one of the world’s largest crypto exchanges sent MUBARAK’s value soaring. As news of the alpha listing spread, investors flocked to buy into the coin, driving its value up by an astonishing 200% in the following 48 hours.
Changpeng Zhao (CZ), co-founder and former CEO of Binance, also transacted with MUBARAK. According to on-chain data, CZ exchanged 1 BNB for 20,150 MUBARAK tokens, valued at $600 at the time. This transaction was made via PancakeSwap, a leading decentralized exchange (DEX) on the BNB Chain.
These factors helped turn the spotlight on MUBARAK, pitching its current price listed in USD as 0.176, a 24-hour trading volume of $485,283,633, and a market cap of $2.806 trillion, with a 2.5% increase. These figures indicate that MUBARAK is experiencing substantial trading activity.
MUBARAK’s Sustainability Concerns
As MUBARAK’s value grows, questions about its long-term sustainability and potential have begun to arise. While some have expressed concerns about the coin’s lack of fundamental value and potential for a dramatic correction, others see this as an opportunity for MUBARAK to establish itself as a major player in the meme coin space.
As the market continues to change, one thing is certain—MUBARAK’s sudden rise to fame has captivated the attention of the virtual community, and investors will be enthusiastically anticipating its next move.
While MUBARAK is garnering attention, other memecoins are attracting lawsuits due to their cataclysmic downfall. For example, law firm Burwick Law recently sued LIBRA memecoin creators, alleging unfair token practices connected to the embattled LIBRA token. The lawsuit claims that the defendants spearheaded a misleading token launch, harming retail investors and leaving a trail of financial devastation in its wake.
