MOODENG Meme Coin Surges 40% in One Day Trading
A meme coin named MOODENG, inspired by a viral pygmy hippo from Thailand, has experienced a remarkable surge in its price, climbing up to 42% in just one day of trading. This surge in value has caught the attention of Solana traders who are eager to capitalize on the popularity of this adorable animal.
The MOODENG token was initially launched on the meme coin platform Pump.fun on September 10. Since its debut, it has garnered immense popularity among Solana traders, becoming as beloved as its meme counterpart, the pygmy hippo Moo Deng.
According to data from the crypto price tracking website CoinGecko, as of September 26, the price of MOODENG has risen to $0.1198, marking an impressive 42.7% increase in just one day. This surge in value has propelled Moo Deng’s market cap from $71 million to $120 million within the span of 24 hours.
On-chain analytics firm Lookonchain shared a success story of a trader who made a significant profit by exchanging 9.8 Solana tokens for 38.7 million Moo Deng tokens. Since acquiring the MOODENG tokens, the trader has seen a remarkable 2554-fold increase in profits.
Moo Deng Tops Pump.fun Meme Coin Rankings
At present, Moo Deng holds the top position among Pump.fun meme coins on Gecko Terminal’s rankings, surpassing other popular contenders like BILLY, SCF, and DADDY. This achievement further solidifies Moo Deng’s status as a rising star in the world of meme coins.
The popularity of the MOODENG token seems to mirror the real-world fame of Moo Deng, which shows no signs of waning. In response to overwhelming public demand, Khao Kheow Open Zoo, the home of Moo Deng, has announced plans to launch a 24-hour livestream featuring the pygmy hippo. This move is expected to further boost the token’s popularity and drive more interest from investors.
The Rise of Moo Deng: From Internet Sensation to Investment Opportunity
Moo Deng, whose name translates to “bouncy pork” in Thai, is a two-month-old pygmy hippo hailing from Chonburi, Thailand. With her chubby cheeks and perpetually wet appearance, she has captivated the hearts of millions of internet users worldwide. Social media posts featuring the baby hippopotamus have garnered millions of views, solidifying her status as an internet celebrity.
In an interview with the Bangkok Post, zoo director Narongwit Chodchoy revealed that Khao Kheow Open Zoo has experienced a significant increase in visitors, up to 50%, thanks to the presence of the adorable mammal. Chodchoy predicted that the zoo’s revenue would surpass $6.13 million by the end of the year, showcasing the financial impact of Moo Deng’s popularity.
The success of the MOODENG token can be attributed to the widespread appeal of Moo Deng and the seamless integration of meme culture with cryptocurrency trading. As investors flock to capitalize on the phenomenon surrounding this lovable pygmy hippo, the future looks bright for both Moo Deng and the meme coin market.
