Author: BUBBLE
He Yi, the blockchain P-warrior, needs to review the culture around the world every cycle, and recently Twitter has been occupied by Middle Eastern culture. Everyone is spreading blessings, and Mubarak has become the focus this weekend. What is Mubarak, and why has he become the leader of this "CZ concept"?
It all started on March 12 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 media outlets reporting and analyzing it. BlockBeats 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 his 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" 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 and $800,000 in market cap.
Until CZ stepped in again. On March 14 at 6:07 am, he retweeted a post from a $Mubarak "6f6" community member with an emoji, possibly to avoid the crazy outflow like the previous broccoli incident, or for other reasons. CZ indirectly authenticated the CA as the "leader". With CZ's authentication, the token's market cap quickly surged from $400,000 to $13 million within 10 hours.
In the next 12 hours, the token's market cap fell back to $3.5 million. It was night 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 image on Binance Square with Mubarak's avatar 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 and $40 million for the rest of the day. Until 7 pm on the evening of March 16, when CZ's public wallet purchased 1BNB of $Mubarak, the community's confidence in its listing on Binance increased exponentially. 17 hours later, as of the time of writing, $Mubarak's market cap has exceeded $130 million, with a 24-hour trading volume of $80 million.
In fact, $Mubarak has not only brought itself, but the entire BSC ecosystem. CZ and He Yi seem to have found the traffic secret, 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.
There's also a small side story about Mashallah. Four.meme originally posted a meme image about some recent BSC memecoins, including $Mashallah. Abrlien, who was elected Binance's best global content creator last year, kindly informed 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 got an affirmative response.
The organizational chart of the Binance exchange posted by the Binance Chinese editor, with the notorious "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.
Reposting 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.
The well-known KOL Crypto Wei commented on the recent BSC market, 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 dissemination power as fuel, and maintaining ecological debt control through split-plate liquidity management "replacing old coins at high positions with new plates at low positions" to keep retail investors repeatedly reinvesting instead of being trapped.
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 after the ecosystem is established, and can then launch the BN-based memecoin market to deliver the fatal blow at any time.
Indeed, under "CZ"'s operation in the past 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.
