-According to DEXScreener, the Baby hippo meme coin $MOODENG is listed on various exchanges including MEXC, HTX, Bitmart and Lbank and has been pu
rchased by nearly 10,000 individual wallets.As a result, according to Solscan, this trader's initial investment of $217 is now worth $BTC If this trader decides to cash out, the price of $MOODENG could drop quickly, as his $612,000 stake would eat up most of $MOODENG's liquidity pool. The growth of $MOODENG over the past few days has been impressive.
If large holders decide to withdraw their funds, the price risks collapsing.
In the meantime, the $MOODENG "baby hippo" #meme coin has all the hallmarks of a new meme coin with great potential.
o one can deny the cuteness of Mu Deng, the baby hippo modeled after the coin. This gives the coin a broad "Norman" appeal. In a world dominated by #dog coins and, to a lesser extent, cat coins, coins with new animal memes have the potential to thrive.
The $MOODENG coin also targets the meme community and therefore has a very low risk of fraud.
According to DEXScreener, the baby behemoth meme coin has no smart contract issues and the largest holders account for only 1.8% of supply.
With the Fed and other central banks around the world cutting interest rates, $MOODENG could easily become the next billion-dollar coin when the new meme season returns.
A trader who bought $4.8 million worth of $MOODENG at $217 could soon see his bag swell to a multi-million dollar fortune.
The trader who turned $217 into more than $600,000 invested his money at great risk.
Traders can increase the odds in their favor by buying new crypto coins in the #cryptocurrency sector that have good utility and are growing rapidly.
One such coin is Mega Dice (DICE), a new Telegram cryptocasino that analysts consider to be one of the most promising projects in the fast-growing GambleFi sector.
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