New memecoin on BNB Chain MUBARAK up over 100% over the week, buoyed by CZ’s support

The new same memecoin Mubarak sparked a commercial frenzy on Binance Smart Chain, fueled by the support of Changpeng Zhao and his recent list on Binance Alpha.

Same exchange on Binance Smart Chain (Bnb) Take advantage of a renewal, thanks to the recent addition of the new same Mubarak (Mubarak). At the time of the press, Mubarak is negotiated at $ 0.16, up approximately 106% compared to last week, according to Coinmarketcap.

Yesterday, Mubarak briefly claimed the first place of the BNB Memecoin channel by classification of stock market capitalizations, its negotiation volume exceeding $ 180 million, as indicated by Root data. Although it has since been given first place, Mubarak remains firmly in the best 5 BSC same by market capitalization, with its market capitalization currently at $ 159 million.

The gathering in Mubarak could be attributed to two main catalysts. First, Mubarak was recently listed on Binance Alpha.

Second, Changpeng Zhao recently bought 20,150 Mubarak for 1bnb, which was estimated at $ 600 at the time of the transaction. Today, Zhao has also changed his profile photo on X into a photo of him carrying a traditional Arab dress.

However, Zhao minimized His role in the token rally, declaring:

“People give me too much credit. I had no magic for any of the wonderful things that happen. They have been built for years. I only know a handful of words in Arabic, but I am happy to have “inspired” millions of people to learn a few words. “

Whether the purchase of Zhao has directly fed this rally or not, his investment in Mubarak is always a remarkable development. Very recently, Zhao declared that he had not invested in the same Test (TST) Pumped on BNB after his appearance in a tutorial video. This suggests that Mubarak could be his first investment same, which does not surprise that the token saw such a massive pump after the purchase of Zhao.

The sharp increase in commercial activity motivated by Mubarak and other new tokens is a positive development for the BNB channel, a feeling that was taken up by Harrison Seletky during the TST rally in February, declaring This “more trading same, would be a welcome addition to the ecosystem of the BNB chain, attracting more users, increasing liquidity and engaging the existing community more”.