MOODENG is the latest viral memecoin sensation on the Solana blockchain, paying tribute to a pygmy hippopotamus named Moo Deng. The memecoin was launched on Pump.fun on September 11 and charmed the internet with her knee biting and lettuce gobbling, has (predictably) had her image appropriated for a memecoin.Â
True to form, pop culture addicts and crypto speculators have driven that memecoin’s price up a lot. The market cap of moon dog has gone over $180 million at the time of writing,.
Â
Just like any other meme coin Moondeng token gave traders an opportunity to make money quickly. For example, a cryptocurrency trader flipped an investment of $1,331 into over $9.5 million in just 15 days, achieving an impressive 7,140x return.Â
What Is MOODENG?
MOODENG is a Solana-based memecoin that taps into the internet’s love for animals, offering a fun and community-driven investment opportunity.Â
MOODENG, like other coins such as DogeCoin and Shiba Inu, is associated with a viral meme, this time starring Moo Deng, a young hippo. Cute videos of Moo Deng have captivated the attention of people all over the world, making the token popular among investors who appreciate keeping up with internet trends.
What makes MOODENG different from other memecoins is its connection to a real animal and its charitable side, with part of the fees going to support the zoo where Moo Deng lives.Â
Who Is Moo Deng?
Moo Deng is a baby pygmy hippopotamus who was born in July 2024 at Thailand’s Khao Kheow Open Zoo. Pygmy hippos are an endangered species native to West Africa, with only around 2,000 remaining in the wild.
Moo Deng’s viral stardom began when photos and videos of her lively, bubbly personality inundated social media sites. Her relatable expressions, inquisitive nature, and uncontrolled energy immediately drew millions of views, establishing her as an online sensation. Fans around the world couldn’t get enough of her, and major brands such as DreamWorks Animation, Bayern Munich, and Universal Pictures used her in memes and digital content.
Moo Deng’s enormous popularity has resulted in a considerable increase in zoo visits, as has the zoo’s social media account follower count. Moo Deng’s fan page on X (previously Twitter), which has over 58.9K followers, has become a hub for exchanging fresh videos, photos, and memes featuring the young hippo.
The Rise of MOODENG
The rapid rise of MOODENG memecoin is directly related to Moo Deng’s viral success. The memecoin was formally introduced on Pump.fun in September 2024, attracting the attention of traders and crypto aficionados looking to invest in the latest animal-themed asset.
In a short amount of time, MOODENG has over 18,760 holdings and a 24-hour trading volume of $85 million. Its market capitalization has climbed to $180 million, making it one of the fastest-growing memecoins this year. At the time of writing the price of MOODENG is $0.1961, which is a 13.7% decline after the hype.Â
MOODENG’s fame has spread beyond the cryptocurrency community and into mainstream media. Platforms such as BBC, The Today Show, and even The New York Times have highlighted Moo Deng’s tale, increasing the memecoin’s visibility. It has a strong presence on
Tokenomics and Unique Features
MOODENG’s success can be ascribed to its well-planned tokenomics. The total supply of MOODENG tokens is 989.97 million, with a 0% buy and sell tax, making it an appealing alternative for traders searching for a low-cost memecoin to trade. The lack of transaction taxes distinguishes it from other memecoins, which frequently charge high costs for trades.
Another standout feature is its commitment to philanthropy. The MOODENG team has agreed that 100% of the fees collected by MOODENG trading on the Moonshot app would be given to the Khao Kheow Open Zoo. This charitable aspect adds a layer of purpose to the coin, as holders know their investment is helping to support an endangered species and the zoo that cares for it.
MOODENG’s Popularity and Impact
MOODENG’s rapid rise highlights the power of internet virality and the growing interest in animal-themed cryptocurrencies. Unlike DogeCoin and Shiba Inu, MOODENG is tied to a real-world viral sensation, Moo Deng, a baby hippo. Moo Deng’s fame has increased zoo visits and awareness about endangered pygmy hippos. The zoo is now patenting Moo Deng’s name and image to prevent misuse, which could impact the future of the memecoin.
In conclusion, MOODENG stands out among memecoins for its mix of virality, community support, and charitable focus. However, investors should exercise caution and do thorough research, as memecoins remain speculative and volatile investments.
This is for informational purposes only and does not constitute investment advice. Cryptocurrency investments are risky, so please do your own research and consult a financial advisor before investing.
