MUBARAK Surges Over 100% After Aster Launches 5x Leverage Perpetual Contracts

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MUBARAK
$0.01669-5.54%
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MUBARAK surged over 100% following Aster’s launch of 5x leverage perpetual futures, pushing the price to nearly $0.03 from $0.013. The token’s market cap now stands at $23.68 million, with a 24-hour trading volume of $17.2 million. The launch increased interest in perpetual futures trading, driving greater activity for the asset, and MUBARAK’s trading volume has risen sharply alongside the new product offering.

Odaily Planet Daily report: Early this morning, the BSC ecosystem meme token MUBARAK experienced another surge in trading volume, with its price rising from approximately $0.013 to nearly $0.03, achieving a peak increase of over 100% and a market cap of nearly $30 million. The current market cap stands at approximately $23.68 million, with a 24-hour increase of about 50% and a trading volume of around $17.2 million during the same period.

Previously, Aster announced the launch of the MUBARAK perpetual contract last night, supporting up to 5x leverage, after which MUBARAK broke out of its previous trading range of approximately $13 million in market capitalization.

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