The newly launched memecoin MUBARAK has captured attention on Binance Smart Chain, surging over 100% in value, largely due to the support from Changpeng Zhao and its listing on Binance Alpha. This dramatic rise has ignited a trading frenzy, showcasing the volatile nature of memecoins. Investors are examining the potential for sustainability in MUBARAK’s price as interest spikes. Understanding the factors behind this rise will be crucial for traders navigating the memecoin market.