The history of #CZ leading #mubarak to become a billion-dollar meme on #BNBChain ✨.
"Mubarak" means "blessed" in Arabic and is commonly used in holiday greetings.
On the afternoon of March 13, Binance's official Chinese X account retweeted an image of a meme character dressed in Arabic attire. Later that day, CZ himself retweeted it with the caption "Mubarak." Subsequently, a large number of memes with the same name emerged on-chain.
Perhaps to avoid the issue of multiple contract confusion seen in the Broccoli incident, CZ retweeted a post from a Mubarak community member on the morning of March 14, indirectly designating the official contract address (CA).
On March 15, CZ posted a meme image of Mubarak on Binance Square with the caption "Going to meet a friend this weekend." The token’s price then surged from $0.004 to $0.04. Later that evening, Binance Alpha listed Mubarak, leading to market speculation that it might officially launch on Binance, with the token price fluctuating sharply around $0.04.
On March 16, a wallet address tagged as CZ’s purchased 1 BNB worth of $mubarak. The token then experienced consecutive gains, with its market cap peaking at over $270 million.