We all know meme tokens are volatile, so trade with caution, but this one seems to have good potential, in my opinion. What do you think?"
It’s too early to say, but since you mentioned it’s affiliated with CZ, there’s a possibility it could be listed on Binance, right?
Judging by its trading volume, it looks promising, over $100 million.. so there’s definitely some hype around this coin, at least for now, since it’s new. But we’re looking at its future here, so if this project has real potential, securing a Binance listing as soon as possible would be the best move.
He's not affiliated with the project but rather he just invest some small amount for this project see this one.
Changpeng Zhao (CZ), the founder and former CEO of Binance, purchases the BNB Chain-based meme coin “Mubarak” (MUBARAK). Leading blockchain analytics platform Lookonchain indexed the transaction yesterday, noting that the Binance founder purchased $600 worth of MUBARAK tokens, equivalent to 1 BNB.
Read more from here
https://www.binance.com/en/square/post/21664482133730CZ just spend $600 in that project those people hype this meme coin says that CZ is affiliated with this project. This is total deception and it doesn't mean CZ purchase that token it means that meme coin has great potential. Although it had a great volume from other exchange well we can say that its early to tell about everything especially if this meme coin would really hit $500m cap, but well see since for what CZ did it seems this token gain hype from lots of people.
I don’t get why they have to mention CZ’s name when he only spent $600.
could easily hype up the project for those who don’t dig deeper. But once people realize the truth, the same pumps OP witnessed could just as easily reverse when those manipulating the price decide to dump.