As reported by Odaily, the Meme token Mubarakah experienced a sharp increase in market capitalization, rising over $3 million in a short period, with a daily gain exceeding 230%. According to community reports, the token's price was driven up after a post by He Yi shared a WeChat article titled 'Today's Shitcoin Mubarakah,' which included the token's contract address. Odaily noted that it has not yet verified whether the WeChat account was compromised. Meme coins are typically volatile and lack real-world applications, relying heavily on market sentiment. Investors are advised to exercise caution.
Mubarakah Surges Over $3M in Market Cap, Daily Gain Exceeds 230%
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