Friends, Ouyi is going to launch MOODENG. Today I will explain the MOODENG project!
1. Project Introduction
Moo Deng (MOODENG) is a memecoin project inspired by Thailand's viral pygmy hippopotamus, which was born at the Khao Khao Open Zoo in July 2024. The project was launched on September 10, 2024 and quickly attracted the attention of the cryptocurrency community, reflecting the powerful influence of internet culture on cryptocurrency trends. Moo Deng runs on the Solana blockchain and uses social media trends to drive engagement and speculative trading.
Tags: MEME
2. Financing
The Moo Deng project does not have a traditional funding history, as it operates similarly to other meme coins that rely on community speculation and participation rather than actual asset backing. However, the coin experienced a significant increase in value shortly after its launch. Within weeks of its launch, its market capitalization reportedly exceeded $300 million. One report states that an anonymous investor turned an $800 investment into $7.5 million by trading Moo Deng tokens.
3. Moo Deng Features
1. Project Origin and Virality: The inspiration for the Moo Deng project came from a three-month-old pygmy hippo named Moo Deng at the Khao Khao Open Zoo in Thailand. Moo Deng gained huge attention on social media due to her adorable actions being widely shared on platforms such as TikTok and X (formerly Twitter).
2. Charity Initiative: The project has pledged to donate 100% of transaction fees generated through the Moonshot application to the Kao Kao Open Zoo. This charitable aspect is consistent with the community-driven initiative, allowing token holders to participate in voting on proposals related to charity and zoo support.
3. Token Characteristics and Distribution: Moo Deng (MOODENG) has a fixed total supply of 989,971,791 tokens. This scarcity is likely to drive demand and increase the value of the token over time. The distribution strategy focuses on rewarding the community, strengthening marketing efforts, and providing liquidity, which ensures healthy trading activity and long-term growth of the project.
Tokens
Moo Deng was affected by the upcoming launch of Euro-Italy and soared instantly. Moo Deng's current offer is $0.5257, an increase of 21.3% in one hour, and the trading volume in the past 24 hours is US$265,109,540. The highest price in history is $0.5103, and the lowest price is $0.01545. The total market value is $528 million, and the increase in the past 24 hours is 7.9%.
5. Specific opening hours
MOODENG deposit opening time: November 15th 4:00 pm (UTC+8)
MOODENG call auction time period: 7:00 pm to 8:00 pm, November 15 (UTC+8)
MOODENG/USDT spot trading opening time: November 15, 8:00 PM (UTC+8)
MOODENG withdrawal time: November 16, 6:00 PM (UTC+8)
VI. Conclusion
The cute little hippo (Moo Deng) will be available for spot trading on OKX today. Are you looking forward to it?