Moo Deng, a Solana-based memecoin, surged by nearly 40% in the past 24 hours, reaching a price of $0.148791.

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

With a market cap of $148 million, Moo Deng is currently ranked 332nd in the crypto space, according to crypto.news data.

Not many things better on this earth than Moodeng videos pic.twitter.com/t3WRMONaBg

— Value & Time (@valueandtime) September 30, 2024

On Oct. 7, Vitalik Buterin sold 10 billion Moo Deng tokens and donated over $640,000 worth of cryptocurrency to his biotech charity fund, Kanro. The sale generated 308.69 Ethereum (ETH), valued at approximately $762,000, from which Buterin contributed 260.16 Ethereum (about $642,000) to support his cause.

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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. 

Moo Deng wakes up moisturized and chooses violence. pic.twitter.com/8QcWDPvauT

— AskAubry 🩝 (@ask_aubry) September 29, 2024

The hippo is lively and charismatic, capturing the hearts of many, leading to a surge in popularity that has gone beyond the zoo’s walls. In September 2024, her viral appeal led to a significant spike in zoo visitors, effectively doubling daily attendance numbers, according to the BBC. 

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