MOODENG surges over 40% in 24 hours

Moo Deng, a Solana-based memecoin, has increased by nearly 40% in the last 24 hours, reaching $0.148791.

The price of the Solana (SOL) memecoin, based on the viral pygmy hippo in Thailand, surged as the token’s 24-hour trading volume reached $184 million. Although highly speculative, Moo Deng (MOODENG) has gained traction, driven in part by interest on social media and strong community engagement.

According to Crypto.news data, Moo Deng currently ranks 332nd in the crypto space with a market cap of $148 million.

On October 7, Vitalik Buterin sold 10 billion Moo Deng tokens and donated over $640,000 in cryptocurrency to biotech relief fund Kanro. The sale generated 308.69 Ethereum (ETH), worth approximately $762,000, and Buterin contributed 260.16 Ethereum (approximately $642,000) to support his cause.

Who is Moo Deng?

Moo Deng, the hippo at Khao Kheow Open Zoo in Thailand, became an internet sensation in September 2024 when he was two months old.

The hippo is lively and charismatic, capturing the hearts of many and causing his popularity to expand beyond the walls of the zoo. In September 2024, its viral appeal led to a significant increase in the number of visitors to the zoo, effectively doubling the number of daily visitors, according to the BBC.