CZ openly bets on Mubarak - Can Binance's new project set off a new round of craze?

CZ (Zhao Changpeng)'s mysterious post on the Binance plaza on March 15, 2025 sparked a wave in the cryptocurrency market due to a new emerging meme coin - Mubarak. Mubarak's market cap quickly soared to $40 million, and the community was in heated discussion: Is this the birth of another TST-style legend? Can Mubarak achieve a tenfold or even higher increase? Mubarak's trajectory is remarkably similar to that of TST. After a stable period on the third day of its launch, CZ's post ignited market enthusiasm. However, unlike TST's straightforward narrative, Mubarak's story is more multifaceted. It is not only a meme coin, but also carries the complex connotation of the interweaving of culture and finance. Its name "Mubarak" comes from Arabic, meaning "blessed" or "fortunate", symbolizing goodness and hope in Arab culture. The rise of Mubarak coincides with Binance's $2 billion cooperation agreement with the Abu Dhabi AI investment company MGX. This transaction not only is the largest single institutional investment in cryptocurrency history, but also adds heavyweight endorsement to Mubarak's narrative. Mubarak's investment potential is promising. Its market cap is expected to exceed $1.2 billion, achieving a tenfold increase. The catalysts include the expected listing on Binance spot, CZ and He Yi's continued promotion, and the endorsement of MGX's investment. However, investors must also be aware of potential risks, such as controversies over cultural sensitivity, regulatory uncertainties, and the collapse of the narrative bubble. For us, Mubarak is both an opportunity and a challenge. When pursuing the dream of tenfold gains, it is crucial to carefully assess the risks and make rational decisions.