BNB Chain’s $BUBB Memecoin Soars 800% to Reach $50 Million in Volume in 24 Hours

• Memecoin BUBB soars nearly 800% after listing on exchanges.
• Price hits $0,04119 before retreating 43,3%.
• Trading volume exceeds $50 million, but slows.

BNB Chain’s newly added memecoin $BUBB, which recently listed on cryptocurrency exchanges such as KuCoin, Bitget, MEXC and BITMAX, quickly achieved a market cap of over $30 million on Friday (22).

Having started trading at around $0,0025, the price of BUBB exploded to $0,04119, registering a staggering surge of almost 800% in a few hours. The sudden surge sparked strong interest in the market, boosting trading volume.

Currently, the memecoin price is quoted at $0,02109, reflecting a correction of -43,3% after its significant appreciation. The asset's volatility remains high, accompanied by a reduction in transaction volume.

In the last 24 hours, BUBB trading volume reached $50.122.968, representing a decrease of -20,60% compared to the previous day, suggesting a slowdown in market activity after the initial move.

MUBARAK Soars Over 200% at the Start of the Week and Attracts Attention

While BUBB was gaining momentum, another BNB Chain memecoin, MUBARAK, surged 200% earlier in the week, reaching $0,206 and a market cap of $200 million.

The rally was fueled by the listing on Binance Alpha and a move by former Binance CEO Changpeng Zhao (CZ), who exchanged 1 BNB for 20.150 MUBARAK (around $600), sparking speculation in the market.

Furthermore, one trader turned $232 into $1,1 million in just two days by trading the token, reinforcing the strong interest from investors.