mubarak is now 0.0548u. Earlier I specifically told everyone about the 0.0297 line—it's already gone. Yesterday it surged straight to 0.086, and now it's pulled back by about half.
This move isn't really its own—on September 22 the entire meme sector was led higher by pepe. That day, pure buy orders alone blew up more than 900 million dollars in volume, and a whole batch that caught the momentum benefited too; mubarak jumped nearly 30% that day.
For the first half of the month or so, it stayed grinding around 0.032 with no clear direction. These past couple of days, it suddenly broke out.
The fact that there are 1 billion fully tradable tokens with no unlock schedule hasn’t changed, so when you push it up you don’t need to worry about a later dump.
If it falls back below 0.032, then this whole move was just wasted effort. If it holds and moves back up, we can first watch 0.086—the high from yesterday. With a move this fast, a pullback is also normal. #mubarak $MUBARAK
This move isn't really its own—on September 22 the entire meme sector was led higher by pepe. That day, pure buy orders alone blew up more than 900 million dollars in volume, and a whole batch that caught the momentum benefited too; mubarak jumped nearly 30% that day.
For the first half of the month or so, it stayed grinding around 0.032 with no clear direction. These past couple of days, it suddenly broke out.
The fact that there are 1 billion fully tradable tokens with no unlock schedule hasn’t changed, so when you push it up you don’t need to worry about a later dump.
If it falls back below 0.032, then this whole move was just wasted effort. If it holds and moves back up, we can first watch 0.086—the high from yesterday. With a move this fast, a pullback is also normal. #mubarak $MUBARAK
