Things are heating up in the meme coin space again.
Mubarak, a new meme coin launched last week, has exploded in price – becoming the sector’s top gainer.
Not to be outdone, Pepe and the presale project Meme Index are also gaining momentum, hinting that retail traders are back in force.
MUBARAK – From a Single Tweet to a $150M Meme Coin Star
Mubarak (MUBARAK) emerged from nothing more than a single X (Twitter) post by Binance founder Changpeng “CZ” Zhao.
Last week, CZ casually posted the Arabic word “Mubarak,” which means “blessing” or “congratulations.”
This simple word led to the creation of a meme coin on the BNB Chain.
Launched on Four.Meme, the BNB Chain’s dedicated platform for meme coins, MUBARAK rocketed almost immediately.
The coin’s market cap soared from $6,000 to $150 million in just four days.
This represents a price jump of over 25,000% – with the coin hitting a peak of $0.146 earlier today.
Spot trading volumes have also exploded to $235 million.
The demand intensified when CZ himself got involved, exchanging about $600 worth of BNB for 20,150 MUBARAK tokens.
And now that MUBARAK is listed on CEXs like Gate.io and MEXC, the momentum shows no signs of slowing down.
PEPE Gains Momentum After MUBARAK’s Price Explosion
While MUBARAK dominates the headlines, several other meme coins are also making moves.
Leading this parallel surge is Pepe (PEPE).
The popular frog coin has outperformed Dogecoin and Shiba Inu in today’s rally, rising by 6% to trade around $0.0000070.
PEPE has regained its position among the top meme coins, passing TRUMP in daily spot trading volume and showing increased open interest.
This rebound seems to be driven by market sentiment rather than specific news.
Traders may be turning to PEPE as a more established option in the wake of MUBARAK’s surprise surge.
However, PEPE is now approaching resistance at $0.0000073.
This level has stopped the token three times since March 5th, but if it can be broken, there’s scope for PEPE to head back to local highs.
Today’s price action reinforces a key truth about meme coins: they live and die by momentum.
Despite the uncertain conditions, MUBARAK’s rise seems to have kickstarted meme coin trading again.
Whether it lasts is anyone’s guess – but traders are undoubtedly enjoying the bullishness.
Meme Index Offers a Smarter Way to Invest in Meme Coins and Raises $4M Ahead of Listing
Alongside MUBARAK and PEPE, another coin is seeing increased demand: Meme Index (MEMEX).
This presale project has secured over $4 million in funding, with just under two weeks remaining before it hits the open market.
So, why all the hype?
Put simply, Meme Index offers something unique: a decentralized platform that brings structure to the meme coin space.
Instead of picking one or two coins, Meme Index lets community members invest in “indexes” – baskets of meme coins with different risk levels.
They’re similar to ETFs and are designed to spread risk over multiple assets.
The native MEMEX token powers this ecosystem, giving holders voting rights to decide which coins make the cut for each index.
This governance feature adds a level of utility rarely seen in the meme coin space, where most coins are just for speculation.
And the timing of Meme Index’s emergence couldn’t be more strategic.
With MUBARAK and PEPE bringing the meme coin sector back to life, traders are becoming more optimistic about the potential for another “supercycle.”
If that happens, analyst Crypto Nautic believes MEMEX could be “the one coin to rule them all.”
MEMEX tokens are available in presale for just $0.0166883, and purchases can be made using crypto or a credit/debit card.
All that’s required is a compatible crypto wallet such as Best Wallet.
So, while established coins are getting all the attention today, pre-launch tokens like MEMEX might be next in line to rally.
Visit Meme Index Presale
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