Just Saw CZ Mentioned Mubarak ; Anyone Following This?

[yohananaomi]

The meme coin is not trustworthy because the Meme coin is just a joke. We should not believe that the price of the Meme coin will last long.
Although the one who gave the statement was CZ with the writing MUBARAK, the proof is that CZ is not directly affiliated with this $MUBARAK Meme coin.
I believe this $MUBARAKA coin is a Meme token on the BSC chain and was created by a community that likes BSC, the point is that CZ has no close relationship with this $MUBARAk Meme token.

Investors were heavily affected by the TST token supported by CZ. Similarly, everyone who believed in these hypes and invested in MUBARAK coin was affected because when this coin was listed on Binance, it reached a maximum price of $0.2 and was stable around $0.14. After just 9 days of listing, today the price of this coin is around $0.03. The price of this coin is only decreasing every day. Those who believe and invest in these memecoins are definitely fools. Investing in coins that have no use is like throwing money down the drain.

Investing on meme coin in bear market is not only very risky it also very dangerous. I am sure from my experience in down market meme coin price decrease huge. Who are invested in MUBARAK coin they are huge losses right now. Now It's price $0.03 but after listing it’s price was avabe $0.10. And gradually decreasing It's price everyday. I think it will down more. But when down market will end then this MUBARAK coins price will increase huge there has no doubt.

A very right statement from you and I also agree with that. If the market is not doing well, don't always take the risk of investing in meme coins where their existence is also very unconvincing.
Whatever it is, if it's called a meme coin, it is certain that it will continue to decline at any time and rarely is it able to increase.
Meme coins only increase at the beginning. After a while, they will slump and finally have no value anymore and can disappear from the market.