MUBARAK Dropping 40% Despite Binance Listing Could Be A Warning For Meme Coins

MUBARAK’s sharp 40% drop after its Binance listing has reignited debate around centralized exchange listing practices and the broader state of the meme coin ecosystem. This came alongside growing scrutiny over speculative meme coin launches like JELLY, which recently triggered a short squeeze and dragged HYPE down, sparking fears of deeper structural risks. MUBARAK Made The Community Discuss CEX Listing Processes The steep drop in MUBARAK, now down 40% since its Binance debut, has reignited concerns about the quality of recent listings on centralized exchanges. Binance recently ended its first listing vote, with BROCCOLI and Tutorial surging source: https://beincrypto.com/mubarak-drops-despite-binance-listing/