According to ChainCatcher, GMGN data shows that Mubarakah's market capitalization briefly surged by over $3 million, a daily increase of over 94%, and is currently trading at $3.47 million.
According to community news, He Yi forwarded an article from a WeChat public account titled "Today's On-Chain meme," which included the Mubarakah contract address, causing the token price to rise rapidly. ChainCatcher reminds users that it has not yet been verified He Yi WeChat account was hacked. Meme coin prices are highly volatile, and investors should be aware of the risks. Meme coin generally lacks real-world application scenarios and relies more on speculative hype; caution is advised when entering the market.
