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.

Moo Deng, Thai social media star

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.

Source: Lookonchain

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.

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

Will MOODENG hit $1?

With a current market cap of over $260 million and a price of around $0.27, MOODENG reaching $1 will put this meme coin on par with other meme coins like BRETT or FLOKI. This is entirely possible as the meme coin market always has unpredictable breakthroughs.

Why did Moodeng’s price surge recently?

Since launching its perpetual futures market on Binance on October 25, MOODENG has been gaining attention from the community and its price has been continuously rising to impressive milestones.

Where is Moo Deng from?

Moo Deng, the inspiration for this meme coin, is an adorable pygmy hippo from Thailand who is famous on social media for her adorable antics.

What is the all-time high price for Moodeng?

According to CoinMarketCap, MOODENG’s price reached ATH on December 3, 2024, at $0.6675.

When did MOODENG come out?

MOODENG launched on pump.fun in September 2024 and quickly gained attention from the meme community.

What Does Moo Deng Mean?

The name Moo Deng means “jumping pig” in Thai.

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.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.