MOODENG
What Is MOODENG?
MOODENG is a memecoin launched on the Solana blockchain in September 2024. It leverages the viral fame of Moo Deng, a pygmy hippo from Thailand for community engagement and speculative trading. The token's imagery and branding closely align with Moo Deng's persona, making it a symbol of joy in the crypto community.
Who Created MOODENG?
The MOODENG token was developed by anonymous enthusiasts aiming to capitalize on Moo Deng's viral fame. In July 2024, a pygmy hippopotamus named Moo Deng was born at Thailand's Khao Kheow Open Zoo. The name "Moo Deng" translates to "bouncy pig" in Thai, reflecting the baby hippo's playful antics. The calf's endearing persona, shared by zookeeper Atthapon Nundee on social media, quickly captured global attention and went viral, transforming Moo Deng into an internet sensation. Fans worldwide created and shared artwork and memes, celebrating the young hippo's charm. This surge in popularity inspired the creation of the MOODENG token.
Why Trade MOODENG?
While MOODENG lacks inherent utility, its value is driven by a vibrant community and engaging meme culture. The popularity of MOODENG has led to the creation of several variations across different blockchains such as Ethereum and Base networks. While these tokens reference the same animal, they differ in terms of community size, market cap, and development focus. Potential traders should exercise caution and conduct thorough research to ensure they are interacting with the correct asset, as the proliferation of similar tokens can lead to confusion and potential scams.
Tokenomics of MOODENG
Total supply: 989.97M MOODENG
Max supply: 989.97M MOODENG
Circulating supply: Approximately $301.84M MOODENG (As of 7 November 2024)
Market cap: $301.87M (As of 7 November 2024)
Highest Price: $0.342 (As of 7 November 2024)