Here’s something interesting—on December 10, the WeChat account of a co-CEO from a major exchange was hacked. Strangely, just before the account was compromised, several addresses had quietly positioned themselves in a Meme coin called Mubarakah.

The stolen account subsequently reposted content related to Mubarakah, and the coin’s price exploded. Its market cap skyrocketed from obscurity to $8 million, and the price surged from $0.001 to $0.008—an 8x increase!

But how long can a coin pumped by an “accident” like this hold up? Mubarakah has already pulled back sharply, with its market cap shrinking to about $3.1 million. The early addresses made a killing, while retail investors are left holding the bag at the top.

Was this a real account security incident or a carefully orchestrated play? This series of events leaves more questions than answers.