In a dramatic turn of events, Mubarak Coin crashed around 40% within just 24 hours, shortly after getting listed on the world’s largest crypto exchange, Binance.
At the time of writing, the token is trading around $0.09113, leaving many investors shocked and uncertain about what comes next.
The sudden drop has created intense discussions across the crypto space. While some see this as a normal correction, others fear that this could be a bigger shakeout that may lead to further decline.
Just yesterday, it made headlines by winning the first round of Binance Vote to List event, gaining 18,913 votes. It was seen as a major milestone for the project, expected to push the altcoin to new heights. Listing on Binance often boosts prices due to increased exposure and liquidity.
However, instead of a price rally, the token saw a heavy sell-off soon after trading opened. Experts believe that the listing gave whales (large investors) the opportunity to quickly exit their positions, taking profits and triggering a wave of panic selling.
“Now that the crypto is listed on Binance, big players have more freedom to buy and sell quickly,” said a market analyst. “This kind of move often leads to sharp corrections like the one we’re seeing now.”
This token is crashing hard after its recent listing on Binance. A big investor (whale) who bought 10.29 million for $1.29 million has now deposited all of them on BNB, taking a $300,000 loss.
Some traders expected this one to pump like any other meme coin and went long, hoping for huge profits in the futures market. But instead of letting the coin rise, some insiders—probably related to the exchanges—started dumping huge amounts of crypto. This recently drew price action downwards, stopping the rally while saving the exchanges from making those huge payouts.
According to the TradingView 5-minute chart, the overall trend is still bearish. The price has dropped further to $0.0858, and technical indicators suggest the selling pressure is far from over:
Source: Trading View
MACD (Moving Average Convergence Divergence): Bearish crossover, showing strong negative momentum.
RSI (Relative Strength Index): At 17.25, it’s in deeply oversold territory, which might lead to a short-term bounce but doesn’t confirm any recovery yet.
Volume: High at 2.38 million, which indicates that there is heavy selling activity in the market.
While some traders might see the low RSI as a signal to buy the dip, experts warn that the overall market trend is still weak, and quick gains might not be realistic at this stage.
Despite the drop, Coingabbar technical analysts have noticed a symmetrical triangle pattern forming on the chart.
Source: Trading View X
This pattern often appears before a major move—either a breakout or a breakdown.
Accumulation zone: Below $0.149
Average buying range: Between $0.12 and $0.11
Target (if breakout happens): Could go 5x to 10x, according to bullish projections
Short-term scenario: If Mubarak Coin can hold above $0.09 and flip $0.12 into support, the next target of $1 could open up quickly. But until then, $0.12 and $0.149 remain tough walls for bulls to break.
Bullish scenario: As per my analysis, if this crypto breaks the resistance at $0.16500, we can see a higher uptrend towards $0.20000 or even an all-time high.
Still, there’s no confirmation yet, and the pattern can break in either direction. Traders are watching closely to see where the next big move goes for Mubarak Coin.
The current situation of Mubarak Coin is a mix of hope and fear. On one side, this token has achieved something big by getting listed on Binance—a step that many projects never reach. It has strong community backing and high trading volume, which shows people are paying attention.
On the other side, the sharp price fall, intense selling, and bearish indicators are warning signs. There is a lot of confusion in the minds of investors—should one buy this dip or remain on the sidelines until the markets stabilize?
At the moment, the meme Coin is at a make-or-break juncture. The next few days will tell whether this crash was merely a shakeout or the beginning of a longer downtrend. All eyes are glued to the charts, and the community is holding its breath until then.
A moment of great risk is also a moment of great opportunity. One thing is sure: there is much more to come in the story of Mubarak Coin.
Also read: Bums Lottery Daily Combo And Video Codes 29 March 2025Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.