On March 13, 2025, an unknown trader bought 20.84 million Mubarak for 2 BNB ($ 1155 at that time), after which he sold part of the assets. The remainder of 13 million Mubarak is estimated at $ 1.5 million.
OnChain Lens experts drew attention to this investment:
On the day of purchase, the trader sold 7.84 million MUBARAK for 4.7 BNB ($ 2710 at that time). He still controls 13 million Mubarak, being the second largest asset holder, according to Coincarp.
At the time of writing, Mubarak is traded at $ 0.12. The capitalization of the asset is $ 123 million.
The balance of user tokens is estimated at $ 1.56 million. This is an unrealized profit, which will remain such until the sale of assets.
If the user had not implemented part of the portfolio, now it would cost $ 2.5 million 20.84 million.
What is this token?
The asset was launched on March 13, 2025 after the publication of the former CEO Binance Chinpen Zhao. Commenting on the investment of $ 2 billion MGX in the platform, he used the word mubarak, which means “blessed” from Arabic.
The image of token was a picture attached to the publication of the exchange.
Later, information appeared that he spent 1 BNB on the purchase of 20 150 mubarak and 1 BNB – at 9161 TST. This served as a new impulse for the growth of the popularity of the asset.
Against this background of this, the BSC network bypassed Solana and Ethereum in terms of trading on decentralized exchanges:
At the same time, Zhao called the memcoirs “strange” and said that he did not invest in them.
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Source: Cryptocurrency
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