Mubarak surged 1,300 times over the weekend, and CZ added a few more A8 players to BSC

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MarsBit
11 hours ago
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He Yi, let's all get rich together! The P-warriors of the blockchain need to review the cultures around the world in each cycle, and recently, Twitter has been occupied by Middle Eastern culture. Everyone is spreading blessings, and Mubarak has become the focus of this weekend. What is Mubarak, and why has he become the leader of this "CZ concept"?

It all started on March 12th when the UAE sovereign wealth fund MGX announced a $2 billion investment in Binance. The market's attention was completely drawn to this event, with all kinds of KOLs and news media reporting and analyzing it. MarsBit also had a detailed report on this event.

The interesting part is that on the afternoon of the next day at 2:38 pm, the official Binance Chinese Twitter account posted a Meme image of an Arabic-looking character with "editor" written on the clothes. 3 hours later, CZ retweeted the post and wrote "Mubarak". Within minutes, Four.meme launched dozens of tokens with "Mubarak" as the ticker. One of the memecoin with a "6f6" ending CA quickly surged to a market cap of $1.55 million and then quickly fell back to $230,000. The token then fluctuated between $200,000 to $800,000 in market cap.

Market Cap

Until CZ stepped in again. On March 14th at 6:07 am, he retweeted a post from a $Mubarak "6f6" community member with an emoji, possibly to avoid a crazy outflow like the previous broccoli incident, or for other reasons. CZ indirectly authenticated this CA as the "leader". With CZ's authentication, the token's market cap quickly surged from $400,000 to $13 million within 10 hours.

Market Cap

In the next 12 hours, the token's market cap fell back to $3.5 million. It was nighttime in the GMT+8 time zone, and discussions about BSC and CZ started to spread on social media, causing the price to gradually rebound. At 8:40 am, CZ posted a meme on Binance Square with Mubarak's head photoshopped onto his own face, captioned "Going to see a friend this weekend". The market reacted strongly, and the token's market cap surged from $7 million to $47 million. 12 hours after CZ's "going to see a friend" post, Binance Alpha listed Mubarak, and the token price fluctuated between $30 million to $40 million for the rest of the day. Until 7 pm on the evening of March 16th, when CZ's public wallet purchased 1BNB of $Mubarak, the community's confidence in its Binance listing increased exponentially. 17 hours later, as of the time of writing, the $Mubarak market cap has exceeded $130 million, with a 24-hour trading volume of $80 million.

Market Cap

In fact, $Mubarak has not only brought itself, but the entire BSC ecosystem. CZ and He Yi seem to have found the traffic formula, retweeting a 3-year-old tweet "Inshallah", and retweeting a photo of himself with the actual helmsman of the UAE sovereign fund MGX, Tahnoun, with the caption "Mashallah". The former has a market cap of $1 million, and the latter easily reached $15 million.

Market Cap

There's also a small side story about Mashallah. Four.meme originally posted a meme about some recent BSC memecoins, including $Mashallah. Abrlien, who was elected Binance's best global content creator last year, kindly informed them about the taboos of Middle Eastern religion, and CZ randomly unpinned the image. When Abrlien was asked if the word $Mubarak is suitable for a memecoin, he received an affirmative response.

Market Cap

The organizational chart of the Binance exchange posted by the Binance Chinese editor, with the prominent "Palu" meme king in the top right corner. He Yi also had the same question, and after He Yi's confusion, this meme image became a $Palu Memecoin with a market cap of $70 million. "Just give the order, and we will support you to become the new CEO," is the current comment from community members to the Binance Chinese editor.

Market Cap

Retweeting a friend's abstract video, with the haunting "Answer me!" audio. Unsurprisingly, $Answer surged 20 times in one minute, from $100,000 to a $2 million market cap, with a 24-hour trading volume of $2.8 million.

Market Cap

The well-known KOL Crypto Wei commented on the recent BSC market situation, saying that CZ's approach is correct. The key to reviving BSC is a dual-engine drive, stabilizing BNB price expectations as the foundation, and continuously creating new memecoins with explosive propagation power as fuel, while using split-plate liquidity management to maintain control of ecosystem debt, allowing retail investors to repeatedly reinvest in the narrative of 100x rotation rather than being trapped in a downturn.

As the ultimate liquidity endpoint, BNB has the advantage of breaking through. Unlike Solana, which needs external blood transfusion, Binance only needs to form a flywheel of pumping out new dogs → attracting market makers → accumulating TVL → replenishing BNB, and can then launch a BN-based memecoin market to deliver the fatal blow at any time.

Market Cap

Indeed, under "CZ"'s operation in these few days, BSC has become active again, and the market sentiment is reflected in the token prices. However, the market is volatile, so please pay attention to investment risks and potential misinformation. The above content is not investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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