$MUBARAK 24 Hours saw gains of over 66%; the latest round of data is +68.4%, trading at $0.0749. Just the day before, it broke $0.068 after posting a $157.8 million trading volume. On the surface, it looks like meme madness again—but in terms of the mechanism, it’s actually a rotation from an old ledger (old positions rolling over).
On the same day, other tokens that also rose included $MARSCOIN +34% and $TST +13.7%, while the high-priced old tokens that had led earlier only rose 8%. The leader running behind and the “follower” tokens of the rebound leading—that’s a textbook rotation pattern, not an all-out push. The fuel is also interesting: CZ said in July, “Maybe buy one or two memes,” and it never got fulfilled. Ironically, that unfulfilled expectation became an excuse for continued trading. Meanwhile, BNB rose more than 15% over the same period of seven days. BSC’s 24-hour DEX trading volume briefly surged to $1.33 billion—there’s a real foundation of on-chain heat.
My take is that this rally is driven by existing capital, not new money. Two reasons: first, there’s no new external catalyst for price—it's based on speculation about “who will be bought next.” Second, the gains are concentrated in low-priced old tokens, suggesting the funds are rotating hands rather than expanding positions.
Next, two things to watch: whether MUBARAK’s DEX trading volume can hold at high levels, and whether the earlier leader follows through. If the old tokens keep rising while the leader stays still, it usually means the rotation is reaching its end—because at the very end of a rotation, there’s no new story left to tell.
Memes have no fundamentals—only a distribution (chip) structure. The structure of this wave is: low price, old tokens, and expectation.
Will you chase the old tokens that are lagging behind and catching up, or wait for the earlier leader to pull back?
#MUBARAK24小时涨超66%
On the same day, other tokens that also rose included $MARSCOIN +34% and $TST +13.7%, while the high-priced old tokens that had led earlier only rose 8%. The leader running behind and the “follower” tokens of the rebound leading—that’s a textbook rotation pattern, not an all-out push. The fuel is also interesting: CZ said in July, “Maybe buy one or two memes,” and it never got fulfilled. Ironically, that unfulfilled expectation became an excuse for continued trading. Meanwhile, BNB rose more than 15% over the same period of seven days. BSC’s 24-hour DEX trading volume briefly surged to $1.33 billion—there’s a real foundation of on-chain heat.
My take is that this rally is driven by existing capital, not new money. Two reasons: first, there’s no new external catalyst for price—it's based on speculation about “who will be bought next.” Second, the gains are concentrated in low-priced old tokens, suggesting the funds are rotating hands rather than expanding positions.
Next, two things to watch: whether MUBARAK’s DEX trading volume can hold at high levels, and whether the earlier leader follows through. If the old tokens keep rising while the leader stays still, it usually means the rotation is reaching its end—because at the very end of a rotation, there’s no new story left to tell.
Memes have no fundamentals—only a distribution (chip) structure. The structure of this wave is: low price, old tokens, and expectation.
Will you chase the old tokens that are lagging behind and catching up, or wait for the earlier leader to pull back?
#MUBARAK24小时涨超66%