This Altcoin fell big! Here is the reason for the fall!

The world’s largest crypto currency exchange Binance listing usually altcoin It brings rise in prices. However, this was not the case for this Altcoin.

It has attracted great attention since the day it was released and received the support of the CZ. Mubarak (Mubarak) He received a list of listing from Memecoin Binance.

Accordingly, Binance’s “Vote-to-list (vote to list)” event, which Binance recently initiated, ended.

According to the results of the vote, Mubarak (Mubarak), CZ’s Dog (Broccolı714), Tutorial (Tut) and Banana for Scale (Bananas31) will be listed.

Binance said that seed labels will be applied to these tokens and that it will be offered to purchase and sale from 00:00 (UTC+3) on 28 March 2025.

However, the Binance listing has had the opposite effect on the price of Mubarak, and the price of Mubarak experienced a 40 %decrease in the last 24 hours.

Experts, despite the listing of Binance, the decline in the price of Mubarak is due to sales. Because Mubarak has reached $ 0.21 with the support of CZ since the first day it was released. Investors who want to evaluate this rise seem to have started sale.

According to Lookonchain’s sharing, an investor spent $ 2,861 to buy 6.14 million mubarak on March 13. Following the news of the Binance listing, he put the Mubarak in his hand in Binance and made a profit of $ 760,000.

However, this investor, who missed the summit, would have made a profit of $ 1.3 million if he had sold at the summit.

Mubarak continues to be traded for $ 0.084 with a 40 %decline during writing.

This trader spent $2,861 to buy 6.14M $MUBARAK on March 13 and deposited it to #Binance 7 hours ago, making a ~$760K profit.

But at its peak, the 6.14M $MUBARAK was worth $1.3M—meaning he missed out on ~$540K in additional gains.https://t.co/XzSWIeLXP8 pic.twitter.com/2JZ9R5PjH7

— Lookonchain (@lookonchain) March 28, 2025

*It is not an investment advice.