coinpedia 2025-03-28 11:18:01

Savvy Trader Turned $2861 into $760K by Investing in Arabic-Themed BNB Chain Meme Coin

The post Savvy Trader Turned $2861 into $760K by Investing in Arabic-Themed BNB Chain Meme Coin appeared first on Coinpedia Fintech News The crypto market continues to see wild trading moves, and a recent one on the BNB Chain has caught everyone’s attention. A savvy trader managed to turn $2.8K into $760K small with the newly launched Arabic-themed meme coin, Mubarak . However, despite the impressive gains, the trader left a huge amount of money on the table. Trader made $760K In Profit According to data from Lookonchain, this trader initially spent just $2,861 to buy 6.14 million Mubarak tokens on March 13. In less than two weeks, the price of the meme coin skyrocketed, allowing the trader to make a massive profit. This trader spent $2,861 to buy 6.14M $MUBARAK on March 13 and deposited it to #Binance 7 hours ago, making a ~$760K profit. But at its peak, the 6.14M $MUBARAK was worth $1.3M—meaning he missed out on ~$540K in additional gains. https://t.co/XzSWIeLXP8 pic.twitter.com/2JZ9R5PjH7 — Lookonchain (@lookonchain) March 28, 2025 Seven hours ago, the trader decided to deposit all of their Mubarak holdings into Binance, securing a staggering profit of approximately $760,000. This means the small initial investment turned into a life-changing amount in a short period. Trader Missed Millions In Profits While making over $750K from a few thousand dollars is already an incredible return, the trader could have made even more. At its peak price, the 6.14 million Mubarak tokens were worth around $1.3 million. This means the trader missed out on an extra $540,000 in potential gains by not selling at the perfect time. MUBARAK Gears Up for a Surge Before Eid A new report suggests that Binance’s founder, CZ, has been actively promoting MUBARAK, which was listed alongside three other tokens. After the initial hype, the coin saw a sharp 40% correction. Right now, Mubarak is trading at about $0.0856 , with a market cap of $85.6 million. Many experts believe the coin could see a strong rally as Eid Mubarak approaches. With traders expecting a potential surge, some predictions suggest that Mubarak could rise to around $0.12 or even $0.15 in the coming days.