After TUT's sharp surge, is MUBARAK the next pump candidate? Funds replicate Aster's new contract playbook, reigniting a 100% rally.

According to GMGN monitoring, BSC ecosystem meme coin MUBARAK saw another sharp volume-driven surge in the early hours of today. Its price jumped from around $0.013 to nearly $0.03 at one point, with a maximum increase of over 100%, and its market capitalization peaked close to $30 million. It is now trading at approximately $23.68 million, with a 24-hour gain of around 50% and a corresponding trading volume of roughly $17.2 million. This rally occurred immediately after Aster listed a new contract for MUBARAK. In the early hours of yesterday, Aster announced the launch of MUBARAK’s perpetual contract, supporting up to 5x leverage. Following the announcement, MUBARAK quickly broke out of its previous sideways range where its market cap stood at around $13 million. The market appears to be replicating the trading playbook of TUT from earlier. After Aster launched TUT’s 5x leverage perpetual contract on August 6, TUT first rose by over 50%, then evolved into a leveraged-fund-driven short squeeze, surging by around 300% in 24 hours. This time, MUBARAK also saw a rapid volume spike after its Aster listing, with funds starting to trade along a similar path. Both MUBARAK and TUT are long-popular tokens in the BSC ecosystem; they were also jointly selected in Binance’s first batch of "Vote to List" in March 2025 and launched on the spot market. Timeline-wise, MUBARAK’s current resurgence aligns more with the "Aster new listing + leveraged funds + old token rotation" trading template formed after TUT’s rally, rather than a new narrative. BlockBeats reminds users that meme coins have highly volatile prices, driven primarily by market sentiment, community hype, and narratives, with no stable fundamental support. Investors should exercise caution.