YEREVAN (CoinChapter.com) — Hippo Meme Coin MOODENG is a Solana-based memecoin that emerged from the viral fame of a baby pygmy hippopotamus named Moo Deng. This memecoin was launched on Sep. 11, 2024 on the Solana blockchain. Subsequently, Moo Deng’s popularity has skyrocketed online due to her playful and cute antics. With Moo Deng capturing global attention, the MOODENG coin quickly gained traction in the crypto world.
Moo Deng Enjoying the Spotlight. Source: @kristinakvv
The coin is centered on Moo Deng, who lives in Khao Kheow Open Zoo in Si Racha, Chonburi province in Thailand. This viral success has made it one of the fastest-growing memecoins on Solana.
The Rise of Moo Deng and Her Viral Fame
Moo Deng is a baby pygmy hippopotamus born in July 2024. She became an internet sensation after videos and images of her playful behavior spread across social media platforms. Moo Deng’s quirky actions and adorable appearance captured the interest of millions. Major companies and influencers started using her images and videos, amplifying her reach.
Since Moo Deng’s viral breakout, the zoo has seen a significant increase in visitors. Social media interactions on the zoo’s official X account also surged, gaining over 100,000 followers.
Khao Kheow Open Zoo X account. Source: X MOODENG Tokenomics on Solana
MOODENG operates on the Solana blockchain and has a total supply of 989.97 million tokens. The token stands out for its 0% buy and sell tax, making it more accessible for traders. Additionally, the project team has committed to donating 100% of the fees generated from MOODENG trades on the Moonshot app to support the Khao Kheow Open Zoo.
The coin’s quick growth is linked to the real-life viral popularity of Moo Deng. Unlike many other memecoins that are purely digital, MOODENG is tied to an actual living animal.
MOODENG Community Milestones Update. Source: @MooDengSOL How to Identify the Right MOODENG Token
Several versions of MOODENG exist across different blockchains, including one on Ethereum and others on networks like Base. However, the Hippo Meme Coin on Solana is the primary version, with a market cap of $197 million, far outpacing its Ethereum counterpart, which holds a smaller market cap of $7.5 million.
When looking for the correct MOODENG token, investors can refer to platforms like CoinGecko or GeckoTerminal to ensure they are using the accurate token address, avoiding confusion with copycat versions.
Hippo Meme Coin MOODENG Price Chart and Market Data Snapshot. Source: CoinGecko MOODENG’s Impact in the Crypto Market
Moreover, the rise of MOODENG has had a strong presence in the crypto market, drawing attention from both traders and media outlets. As Moo Deng’s popularity continues to grow, the memecoin has appeared in coverage from platforms such as BBC and The New York Times.
Notably, one example of Hippo Meme Coin MOODENG’s success is a trader who reportedly turned $800 into $3.5 million during the token’s rapid growth period. These kinds of gains have drawn even more interest from the crypto community, contributing to MOODENG’s rising trading volume, which has reached $85 million in 24 hours.
Trader Turns $800 into $3.5M with MOODENG. Source: @ArkhamIntel
The post Hippo Meme Coin MOODENG on Solana – Everything You Need to Know appeared first on CoinChapter.