The community quickly turned this word into a coin. A fair launch was conducted via Four.meme, and shortly after, the community took over. The initial market cap was only a few thousand dollars, reaching 140 million USD by the end of 2025. The current price is around $0.018, with approximately 25,880 holders.

Founders and Ownership

The founders are anonymous. They withdrew after launch. The project is now community-driven, with volunteers maintaining and developing it. Official X account: @mubarak_cto. It has over 27,000 followers and is verified.

Bio: “The meme coin of Middle Eastern prosperity. Launched on Four.meme, now fully community-owned.” All announcements, meme sharing, and community events are handled through this account. There is no official team, and a decentralized structure dominates.

Investors and Connections

No VC or institutional investor directly invested in the coin. Early liquidity and buying activity came from community members and fast traders. MGX’s $2 billion Binance investment only created hype; no direct capital flowed into MUBARAK.

CZ interacted through tweets and retweets and purchased small amounts of the coin. This created a “blessing effect” in the community, but it was not an official endorsement.

Exchanges: Binance, KuCoin, Bybit, MEXC, Kraken, and PancakeSwap are the main listings. Some early investors achieved returns exceeding 1000x, and the market cap exceeded $100 million at peak hype.

How the Project Works

MUBARAK is an ERC-20-like token running on BNB Chain. It is managed through smart contracts, and decisions are shaped through community discussions. Users can trade the token on DEX platforms such as PancakeSwap. The project operates based on meme coin dynamics. Its value grows through viral marketing, social media engagement, and community participation. Liquidity is provided by the community, and pump-and-dump cycles may occur.

MUBARAK offers a relatively simple meme coin economy. Instead of complex DeFi infrastructure, its main function is community participation and token trading.

Working Features:

• Operates as a BEP-20 token on BNB Chain
• Smart contract is renounced, meaning developers cannot modify tokenomics
• There is no buy or sell tax (0% tax)

Cultural Vision

“Mubarak” means blessed or congratulations in Arabic culture. The project defines itself as “the meme coin of Middle Eastern prosperity.” Its vision is to build a cultural bridge and create an accessible and entertaining symbol, especially for Arab and Muslim communities. During Ramadan and holidays, meme activity and celebrations increase significantly.

It positions itself as a cultural alternative to Solana meme coins within the BNB Chain ecosystem.

Governance Mechanism

The project is entirely community-driven. There is no official DAO. Decisions are discussed through the X account, and consensus forms through community interaction. Token holders share opinions, and development is handled by volunteers.

Advantage: Fast adaptability
Disadvantage: Coordination challenges may arise

Future Plans

There is no official roadmap. However, discussions within the community include:

• Additional exchange integrations
• Cultural NFT collections
• AI-based meme and visual tools
• Possible cross-chain bridges

Hype videos mention targets like $1 billion market cap or $10 price, but these are speculative. CoinCodex predicts around $0.033, Flitpay around $0.64, and Mudrex between $0.80–$1.20. The current price remains around $0.018.

How the Token Functions

It operates as an ERC-20-like BEP-20 token on BNB Chain. Smart contracts manage operations, while community participation influences decisions. Users trade it on DEX platforms such as PancakeSwap.

Liquidity is community-driven, and pump-and-dump cycles may occur. Technical utility remains limited, with the primary function being speculation and community engagement.

Token Usage

Mubarak is mainly used for:

• Trading on centralized and decentralized exchanges
• Community events, meme competitions, and celebrations
• Occasional staking campaigns or reward programs
• Social interaction and cultural engagement

Utility is limited. It operates primarily as a meme coin.

Supply and Holder Data

• Total supply: 1,000,000,000 MUBARAK
• Maximum supply: 1,000,000,000 MUBARAK
• Circulating supply: 1,000,000,000 MUBARAK
• Holder count: approximately 25,880

Fair launch was conducted. There is no pre-mine or team allocation. Liquidity is maintained through community and DEX platforms.

Ecosystem and Innovations

• Built on BNB Chain and Four.meme infrastructure
• Active community on X with continuous meme activity
• AI-based visual meme tools introduced
• Potential future NFT and DEX ecosystem expansion

What Makes Mubarak Unique

• Fair launch and renounced smart contract
• Origin linked to CZ’s viral “mubarak” tweet
• Cultural identity centered on Middle Eastern prosperity
• Fully community-owned structure
• Alternative to Solana meme coin ecosystem on BNB Chain

Risks and Warnings

• High volatility, price swings of 5–20% may occur within 24 hours
• Rug pull risk is lower due to renounced contract, but pump-and-dump risk remains
• Liquidity depth may fluctuate
• Long-term sustainability remains uncertain due to meme coin nature

Project Links

• Website
• Twitter
• Telegram

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The post What Is Mubarak (MUBARAK)? appeared first on Coin Engineer.

Account Breach Triggered a Manipulation Wave

The hacked account was used to distribute a fake endorsement that instantly boosted visibility for a low-liquidity token. The attacker created two fresh wallets and accumulated millions of MUBARA tokens at low prices, indicating a pre-planned operation. The fabricated signal then pushed retail traders into rapid buying, speeding up the price rally.

Such attacks often rely on exploiting a trusted figure’s account. Manipulative content spread through social platforms can cause severe volatility, especially in the meme coin segment.

Yi He stated that she no longer uses WeChat and that the phone number linked to the account had been compromised. She explained that she was unable to regain access, revealing that the attack targeted a communication vulnerability.

On-Chain Data Clarified the Attack’s Structure

Analytics platforms showed that the attacker accumulated about 21.16 million MUBARA tokens using roughly 19,479 USDT. The rapid price spike that followed these purchases reflected the onset of a coordinated manipulation flow. As new liquidity entered the market, the attacker’s wallets began offloading their positions and selling into the rising price.

Blockchain traces confirmed that the incident involved a hybrid mechanism combining social-engineering and trading manipulation. The entire process unfolded within minutes, exposing the fragility of low-liquidity assets.

Lookonchain’s data shows that the attacker has already realized a significant portion of the profit. Approximately 11.95 million MUBARA were sold for 43,520 USDT. The wallet still holds around 9.21 million tokens worth nearly 31,000 dollars. With the remaining unsold supply, the total profit is estimated to be close to 55,000 dollars.

Someone hacked @heyibinance's WeChat account, and posted about $Mubarakah, sending the token's price soaring. @cz_binance

The hacker created 2 new wallets(0x6739 and 0xD0B8) ~7 hours ago and spent 19,479 $USDT to buy 21.16M $Mubarakah.

After the pump, the hacker has already… pic.twitter.com/39ncDQjgSe

— Lookonchain (@lookonchain) December 10, 2025

Warnings Issued After the Incident

Changpeng Zhao confirmed the breach and urged users to ignore fraudulent promotions. He emphasized once again that Web2 platforms lack strong security infrastructures. His call highlighted the importance of relying only on verified announcements from official sources.

“Someone hacked @heyibinance’s WeChat account. Do not buy meme coins from the hackers’ posts. Web2 social media security is not that strong. Stay safe.”

The event showed how quickly investors can be exposed to major risks when reacting to sudden price movements. The meme coin market remains one of the most vulnerable areas for manipulation.

This incident illustrates a new attack model combining social-engineering and rapid buy-sell exploitation.

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More Trading Options with New Perpetual Contracts!

Aiming to enhance user experience and expand trading opportunities, Binance is launching two new USDⓈ-M Perpetual Contracts on the Binance Futures platform. These contracts will be available as follows:

• BMTUSDT Perpetual Contract: March 17, 2025, 13:30 (UTC)
• MUBARAKUSDT Perpetual Contract: March 17, 2025, 13:45 (UTC)

Both contracts will support up to 25x leverage and will be USDT-margined.

Click here to trade on Binance Futures with a 10% fee discount!

Project Information

The underlying assets of the new contracts are Bubblemaps (BMT) and Mubarak (MUBARAK). Bubblemaps is a project that transforms blockchain data into visualizations, making the analysis process clearer and more efficient for users. On the other hand, Mubarak is a meme coin that was initially launched on the Fourmeme platform and is now fully community-driven and developed.

Contract addresses have also been shared. For the BMTUSDT perpetual contract, the address is 0x7d814b9eD370Ec0a502EdC3267393bF62d891B62, while for MUBARAKUSDT, it is 0x5c85d6c6825ab4032337f11ee92a72df936b46f6. The minimum tick size for both contracts is 0.0001, with a maximum leverage of 25x. The funding rate is capped at +2.00% / -2.00%, and funding fees will be settled every four hours.

Binance has emphasized that these perpetual contracts will operate under the Binance Terms of Use and the Binance Futures Service Agreement. Additionally, it’s important to note that futures listings are independent of spot listings. A token listed on Binance Futures does not guarantee its listing on Binance Spot.

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