MUBARAK Coin Price Jumps 22% After Binance Announcement, What’s Next?

Jakarta, Pintu News – MUBARAK coin has recently been in the spotlight in the crypto sector, especially after Binance founder CZ got involved in the promotion of this meme coin. CZ’s mysterious involvement has sparked huge waves in the meme crypto industry. With the recent announcement from Binance about launching a perpetual contract for this token, market expectations for the price outlook of this crypto have become extremely bullish.

MUBARAK Coin Gets the Spotlight with Listing on Binance

Binance Futures has announced the launch of the MUBARAKUSDT perpetual contract on March 17 at 13:30 UTC. This announcement has sparked enthusiasm among the platform’s large user base, who can now trade this new token with up to 25x leverage. With the backing of one of the largest crypto exchanges, the inflow of funds into this meme token is expected to increase. This reinforces the bullish sentiment in the market towards the MUBARAK coin price.

Also Read: Crypto Analyst Ali Martinez Explains Potential Catalysts for Cardano (ADA) March 2025 Price

Is CZ from Binance a Mubarak?

Data from CoinMarketCap shows that CZ has subtly admitted that he is Mubarak. This move has sparked market discussions around the world. In addition, reports from CoinGape reveal that CZ has also purchased $600 worth of new meme coins, which adds to the market excitement. With the listing on Binance futures, this adds a layer of market optimism towards this new token.

More Support from Binance?

Binance has also announced support for the Mubarak coin through its Binance Alpha platform, which features tokens that could potentially be listed on exchanges in the future. With this endorsement, market participants and investors anticipate potential gains from this newly launched token, as market demand and interest grows.

Conclusion

With a series of favorable announcements and increased market activity, the price of the MUBARAK coin has surged by more than 20%, reaching an intraday peak of $0.1458. This rise is in line with the announcement from Binance, and the token’s daily trading volume has increased by 120% to $165.45 million. With the continued support from Binance, the future prospects of the MUBARAK coin look bright.

Also Read: Ripple (XRP) Price Surge Predicted After Crypto Wallet Launch in March 2025

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Mubarak Coin Price Soars 22% Amid This Binance Announcement, What’s Next?. Accessed on March 18, 2025
• Featured Image: OSL