Binance News: Savvy Trader Turns $2,861 into $760,000 with Arabic-Themed Meme Coin on BNB Chain

The ever-volatile crypto market has once again showcased its potential for life-changing gains, with a recent example involving a savvy trader and an Arabic-themed meme coin on the BNB Chain.

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

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 with the newly launched Arabic-themed meme coin, Mubarak. 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. However, despite the impressive gains, the trader left a huge amount of money on the table.

Binance’s First ’Vote To List’ Results Reveal Surprises

Binance has revealed the winners of its first “Vote to List” campaign, with four crypto tokens elected by the community: Mubarak (MUBARAK), CZ’S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31). The announcement on March 27, 2025, marked a groundbreaking initiative in decentralized governance, allowing users to directly influence upcoming token listings on the crypto platform. However, one of the elected tokens collapsed immediately after the announcement, revealing flaws in the crypto market. Each of the selected tokens will have trading pairs on Binance, shaking up the traditional listing processes and highlighting the potential, as well as the pitfalls, of community-driven decision-making in the crypto space.