It feels like 2024 all over again, new meme coins are emerging and providing some investors with huge gains. Mubarak is the latest to shake things up, soaring 45% in the last 24 hours.
The project now has a whopping $178 million market cap. But what are the next meme coins that could launch and offer big gains?
CZ’s Surprise Mubarak Investment
Binance Founder Changpeng “CZ” Zhao made a surprise investment in a new meme coin called Mubarak, triggering a rise in interest and causing its price to explode.
As Lookonchain reported, CZ spent 1 BNB (worth $632) to buy Mubarak tokens for the decentralized exchange PancakeSwap. The tweet garnered notable attention, with over 200K views.
While 1 BNB is an arbitrary investment for billionaire CZ, it reflects his commitment to supporting BNB chain cryptocurrencies.
However, shortly after the news broke, CZ deflected attention away from himself and hailed the “builders building for years” inside the BNB chain ecosystem.
In addition to attention from CZ, Mubarak also skipped the queue for a listing on Binance futures, achieving it within two days of launching.
Unsurprisingly, this is stoking excitement among community members that a spot listing could follow. Should this occur, it would enable millions of Binance users to invest, which could cause the price to surge even more.
At press time, Mubarak trades at $0.1866, up 45% today and 141% this week. Its 24-hour trading volume has also risen 245% to $471 million today.
Trader Profits $1.1M on Mubarak Investment
In another tweet, Lookonchain reported that one crypto trader profited a staggering $1.1 million from Mubarak’s rise.
The trader did the smart thing and took some profits from his investment.
Per Lookonchain, he has sold $363.5K worth of tokens so far, leaving 5.16M Mubarak worth $764K.
In total, the investor spent just 0.4 BNB to buy 10.5 million Mubarak tokens, leading to a 4,860x return.
Lookonchain also reported that BNB chain is beginning to dominate the meme coin space, with its meme coin launchpad Four.meme seeing six newly launched tokens reach a $1 million market cap today, compared to just one token launched on Solana meme coin platform Pump.fun.
Meanwhile, among larger meme coins, Ethereum-based Pepe is leading the way this week with a 17% pump, well outpacing its Solana-based peers such as Bonk and Dogwifhat.
Excitement is building in the meme coin sector again. Only this time, it’s not happening on Solana. It’s happening on the BNB chain and Ethereum. With that in mind, what are the best investing opportunities right now?
Could These be the Next Meme Coins to Explode?
BTC Bull Token is a new Bitcoin-themed meme coin available on the Ethereum and BNB chains.
But it isn’t an ordinary meme coin; it rewards holders with real Bitcoin. It will airdrop tokens to investors at key milestones on Bitcoin’s journey to $1 million, starting when it hits $150K.
The project has partnered with Best Wallet, a multichain crypto wallet, so investors can hold $BTCBULL and earn Bitcoin from the same app.
It has yet to list on exchanges but is currently available to buy in its presale, which has raised $11.1 million so far. The presale is raising funds for ecosystem development while offering investors a chance to get in at the lowest price.
By injecting real Bitcoin rewards into the viral meme coin model, BTC Bull Token has the best of both worlds. It’s a setup that could lead to substantial growth.
MIND Of Pepe takes a similarly innovative approach. Like the BTC Bull Token, it’s a meme coin presale available on the Ethereum and BNB chains.
The project is building an AI agent to trade, identify trends, and write tweets. $MIND holders will be the core beneficiaries, receiving exclusive access to trend analysis and insider access to token launches.
The presale has raised over $7 million so far.
MIND Of Pepe will assist its community in taking lucrative trades and achieving success in the crypto market. This juncture could be particularly appealing as the next meme coin season takes shape, leading to big demand and high price potential for $MIND.
