MOODENG surges over 40% in 24 hours

Moo Deng has experienced a remarkable surge of nearly 40% in the past 24 hours, now trading at approximately $0.148791. This increase has been fueled by a significant trading volume of around $184 million, highlighting strong market interest and engagement.

The memecoin, inspired by a viral pygmy hippo from Thailand, has captured attention largely due to social media buzz and active community participation. With a current market cap of $148 million, Moo Deng is ranked 332nd among cryptocurrencies.

While the token is highly speculative, its rapid rise reflects the ongoing trend of meme coins gaining traction in the crypto space, often driven by community enthusiasm and viral marketing.

On October 7, Vitalik Buterin sold 10 billion Moo Deng tokens, raising over $640,000 for his biotech charity fund, Kanro. The sale generated 308.69 Ethereum (ETH), valued at approximately $762,000. From this amount, Buterin donated 260.16 ETH (around $642,000) to support his charitable initiatives, emphasizing his commitment to leveraging crypto for positive impact.

Who is Moo Deng?

Moo Deng, a hippopotamus at Khao Kheow Open Zoo in Thailand, became an internet sensation at two months old in September 2024.

The lively and charismatic pygmy hippo has captured the hearts of many, driving a surge in popularity that extends well beyond the zoo’s walls. In September 2024, her viral appeal resulted in a remarkable spike in visitors, effectively doubling daily attendance numbers at the zoo, as reported by the BBC. This increased interest highlights the impact of social media and viral trends on public engagement with wildlife.