The list of Binance, the world’s largest cryptocurrency exchange, usually leads to rising Altcoin prices. However, this was not the case with this Altcoin.
Mubarak (Mubarak) is a memokine that has attracted a lot of attention since its launch and has received CZ support, and received good news from Binance on the list.
Therefore, the recently launched “voters” event by Binance has concluded.
According to the results of the poll, it was stated that Mubarak (Mubarak), CZ dog (Broccoli714), tutorial (TUT), and bananas (Bananas31) Altcoins for scales will be listed.
Binance said that these tokens will be subjected to seed tags and will be available for trading from 00:00 (UTC+3) on March 28, 2025.
However, the Binance list has had a negative impact on Mubarak’s prices, with Mubarak’s prices falling 40% in the last 24 hours.
Experts say the drop in Mubarak’s prices is due to sales despite its list of vinance. Since the first day of release, Mubarak has reached $0.21 with CZ support. Investors who want to assess this rise appear to have started selling.
According to a post by LookonChain, investors spent $2,861 on March 13 to buy a $6.14 million Mubarak. Following Binance Listing News, he left Mubarak with Binance, earning $760,000 in profit.
However, the investor who missed the peak would have made a profit of $1.3 million if he sold at the peak.
Mubarak continues to trade at $0.084, a 40% decline at the time of writing.
The trader spent $2,861 to buy 6.14m $Mubarak on March 13th, depositing it in #Binance seven hours ago, earning a profit of $760,000.
However, at its peak, 6.14m $Mubarak was worth $1.3 million. This means you missed $540,000 with additional gains. https://t.co/xzswielxp8 pic.twitter.com/2jz9r5pjh77
– lookonchain (@lookonchain) March 28, 2025
*This is not investment advice.
