MOODENG Solana: The Meme Coin That Caused a Fever From the Cute Pygmy Hippo
Solana is an ecosystem that has attracted many meme coin projects recently. Cat and dog meme coins are too familiar to users. So what else will we have? How about a hippo? Let’s learn about MOODENG Solana, a meme coin inspired by the famous Thai hippo.
Key Takeaways
– MOODENG is a meme coin on the Solana blockchain, inspired by a hippopotamus that lives at a zoo in Thailand.
– The meme coin was launched on the Pump.fun platform in September and quickly attracted the community when it was listed on Binance Future.
– MOODENG is currently available on many CEXs such as OKX, Gate.io and MEXC or DEXes such as Orca, Raydium and Meteora.
What is MOODENG Solana?
MOODENG Solana is a meme coin inspired by a hippo named Moo Deng, who is famous on traditional social networks. This adorable female pygmy hippo currently lives at Khao Kheow Zoo in Thailand. Besides, the MOODENG token can also be considered a form of fan token to show love for this hippo.
Origins and Concept
Moo Deng is an internet sensation, a female pygmy hippo from Khao Kheow Open Zoo in Si Racha, Chonburi Province, Thailand. The cute appearance and facial expressions of this hippopotamus have sparked a thousand images, videos, and memes that have captured the attention of people worldwide.
Pygmy hippos are native to West Africa and are a very rare and endangered species, with an estimated wild population of just 2,000.
Companies like Universal Pictures and Microsoft have also utilized Moo Deng’s image in their marketing campaigns for publicity and increased their international presence.
Fun Fact: Moo Deng literally means “jumping pig” in Thai.
Technical Overview
MOODENG quickly became the first meme coin to reach a market capitalization of more than $300 million in a quarter, comparable to SHIB and DOGE at their peak. Currently, its market capitalization is above $200 million.
At launch, the token’s market capitalization was only about $1.3 million. MOODENG increased by 1,400% in just 2 weeks after its launch. According to Lookonchain’s share on X, there was an investor who bought MOODENG for only $800 right after its launch, and the investment value increased to $9.4 million.
Read more: Platforms Like Pump.fun With Profit Potential You Need to Know
Tokenomics
- Token Name: Moo Deng
- Ticker: MOODENG
- Blockchain: Solana
- Token Standard: SPL
- Contract: ED5nyyWEzpPPiWimP8vYm7sD7TD3LAt3Q3gRTWHzPJBY
- Total Supply: 989,971,791 MOODENG
How Did Moodeng Become Famous?
For weeks, MOODENG took a back seat to more entertaining memes. This includes the rise of GOAT. Pepe was also on the rise following a Coinbase listing. Peanut the Squirrel was leading the meme space, having reached a $2-billion valuation just two weeks from its date of genesis.
However, the community of meme coin MOODENG has been waiting for a spot listing on Binance since the launch of its perpetual futures market on October 25. Since then, MOODENG’s perpetual futures market has become one of the most active and attention-grabbing markets on the Binance platform.
Read more: Peanut the Squirrel: The Most Explosive Meme Coin In Solana Ecosystem
How to Buy MOODENG
Step-by-step Guide to Buy MOODENG
In this article, we will guide you in buying MOODENG on Jupiter, a DEX of Solana.
Step 1: Access the exchange here. The exchange interface will display as shown below
Step 2: Enter the correct MOODENG contract address (ED5nyyWEzpPPiWimP8vYm7sD7TD3LAt3Q3gRTWHzPJBY) in the search bar.
Step 3: Note that you should have enough SOL to swap the amount of MOODENG you want to buy, then click Swap.
Step 4: Your transaction is complete. Please check the number of tokens you just bought in your wallet.
Where is MOODENG Listed?
MOODENG tokens can be bought on centralized crypto exchanges like OKX, Gate.io, MEXC, HTX, KuCoin, and Coinbase or decentralized crypto exchanges like Orca, Raydium, Jupiter and Meteora.
Is Moodeng a Good Investment?
While MOODENG’s rapid rise may make it a very exciting prospect, remember that meme coins are speculative in nature and are often quite volatile. As with any investment in cryptocurrency, investors should exercise caution and conduct thorough due diligence before getting involved in a project.
FAQs About MOODENG Solana
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |