MUBARAK Meme Coin Price & Exchange Listings – Where to Buy?
According to the market data of Gate.io, BNB chain meme coin MUBARAK The current price is $0.1399, down 1.6% in the past 24 hours. MUBARAK’s current circulating market value is $140 million, ranking 275th in the overall market.
Mubarak means blessing in Arabic, and the token with the same name is BNB The meme project of the chain. MUBARAK was launched on the Four.Meme platform of BNB Chain and quickly became one of the hottest meme coins in March due to CZ’s personal purchase. CZ’s participation triggered market frenzy, causing MUBARAK’s price to soar. Within a few days, MUBARAK’s market value grew from tens of thousands of dollars to over 200 million dollars. Currently, as the market sentiment cools down, MUBARAK has also fallen to around $0.14.
MUBARAK Market Analysis
Current Market Overview
- Latest price: 0.1399 USDT
- 24-hour high: 0.14857 USDT
- 24-hour lowest price: 0.13109 USDT
- 24-hour price change: -1.60%
- 24-hour trading volume: 384,536,554 MUBARAK
- 24-hour net fund outflow: -1,129,444 USDT
- Market Sentiment: Neutral (Fear Greed Index is 46)
Support and resistance levels
- Support level: 0.13214 USDT
- Pressure level: 0.14773 USDT
Trading strategy recommendations
Strategy one: Short-term rebound trading
- Direction: Long
- Entry price: 0.13250 USDT (close to support level)
- Stop-loss price: 0.13000 USDT
- Target Price: 0.14500 USDT (approaching resistance level)
Reasons and characteristics: The current price is close to the support level, and the market may rebound. The outflow of funds is slightly higher than the inflow, indicating the possibility of selling pressure in the short term, but the existence of the support level may attract buying interest. The target price is set near the resistance level, suitable for short-term traders.
Strategy Two: Breakthrough Trading
- Direction: Long
- Entry price: 0.14800 USDT (after breaking through the resistance level)
- Stop-loss price: 0.14500 USDT
- Target price: 0.16000 USDT
Reasons and characteristics: If the price breaks through the resistance level of 0.14773 USDT, it may trigger more buying interest, forming an upward trend. Stop loss is set at the price before the breakthrough to control risk. The target price is set at 0.16000 USDT, taking into account market sentiment and potential upside space.
MUBARAK Future Outlook
Despite the recent market downturn, MUBARAK still has the potential for an upward momentum. As a popular meme coin on the BNB chain, its early surge due to CZ’s purchase demonstrates strong community consensus. The current price is oscillating around $0.14, and if it holds the support at $0.132, a rebound may occur; if it breaks through the resistance at $0.148, it may start a new round of increase. The market sentiment is neutral, short-term traders can focus on opportunities for rebound at the support level, while long-term investors need to observe whether the meme popularity continues. If the activity in the BNB chain eco picks up, MUBARAK may attract funds again, but be cautious of high volatility risks.
