MOODENG is a new memecoin on the Solana blockchain that honors a baby pygmy hippo named Moo Deng, living in a zoo in Thailand. This coin launched on Pump.fun on September 11, 2024 and quickly grew in popularity. At the time of writing, it has a market cap of $190 million, which means it’s now worth a lot in the crypto world.
This memecoin follows the same trend seen with other viral animals—first, the internet goes crazy over them, and soon after, a coin tied to their fame starts gaining attention. Now, MOODENG is the latest example, becoming the talk of the crypto world.
Who is Moo Deng?
Moo Deng is a baby pygmy hippopotamus who was born in July 2024. She lives in the Khao Kheow Open Zoo in Chonburi province, Thailand. Pygmy hippos are a smaller species compared to regular hippos, and they are endangered, with only around 2,000 left in the wild.
Moo Deng has become an internet sensation because of her adorable looks and playful personality. She is known for her dramatic facial expressions, playful behavior, and funny antics, which fans around the world find very relatable.
Her name, “Moo Deng,” translates to “bouncy pig” in Thai, perfectly describing her lively nature. Because of her popularity, people on social media have been sharing pictures, videos, and memes of Moo Deng, making her famous globally.
How Did Moo Deng Become Famous?
In September 2024, photos and videos of Moo Deng began circulating widely on social media, with major companies and even celebrities joining in on the fun.
- Windows, the tech company, shared funny Moo Deng memes.
- Bayern Munich, a famous German football club, also posted Moo Deng-related memes after a big victory in the UEFA Champions League.
- Major news outlets like the BBC and New York Times covered Moo Deng’s rise to internet fame.
Because of her viral fame, the Khao Kheow Open Zoo in Thailand is seeing a huge increase in visitors. Their social media followers have doubled, with more than 100,000 followers on their X (formerly Twitter) account. The zoo is also gaining donations and attention, helping raise awareness about endangered animals.
What is the MOODENG Coin?
With Moo Deng becoming an internet star, it didn’t take long for a memecoin to follow. On September 11, 2024, the MOODENG token was launched on the Solana blockchain through the platform Pump.fun.
Since its release, MOODENG has gained thousands of investors. At the time of writing:
- 18,760 people own the coin.
- It has a market cap of $190 million.
- The trading volume (the amount being bought and sold) in the last 24 hours is over $85 million.
The popularity of this memecoin has made many early investors extremely wealthy. In one case, a trader turned $800 into $3.5 million in just a few weeks—and he hasn’t even sold his coins yet!
How Does MOODENG Work?
There are 989.97 million MOODENG tokens in total, and there are no extra taxes for buying or selling the coin. The team behind MOODENG has also promised that all trading fees collected through the Moonshot app will be donated to the Khao Kheow Open Zoo, where Moo Deng lives.
Are There Different MOODENG Coins?
Because MOODENG has become so popular, multiple versions of the token have started appearing on other blockchains.
- Solana: The most popular MOODENG coin is on Solana, with a market cap of $190 million and 47,500 followers on social media.
- Ethereum (ETH): Another version of MOODENG exists on the Ethereum network, but its market cap is much smaller at $7.5 million.
- Other blockchains: There are also other versions of MOODENG tokens on smaller networks like Base.
When choosing which MOODENG token to invest in, it’s important to pick the correct one. Always double-check the token’s address on trusted websites like CoinGecko to avoid buying fake versions.
Why Is MOODENG So Popular?
Memecoins often become popular because they are tied to viral internet moments, and MOODENG is no exception. Just like Dogecoin (DOGE) and Pepe Coin (PEPE), MOODENG is riding a wave of hype built around a cute and lovable animal.
The fact that major companies and news outlets are talking about Moo Deng only adds to the hype. Additionally, the coin’s growing community is constantly creating new memes, artwork, and videos about Moo Deng, which helps attract even more people to the coin.
Should You Invest in MOODENG?
While MOODENG is gaining attention and making some people rich, investing in memecoins comes with risks. Here are a few things to keep in mind:
- High Risk: Memecoins are very unpredictable. Prices can rise and fall quickly, so only invest what you can afford to lose.
- Multiple Versions: Make sure you are buying the correct MOODENG token by checking its address on trusted platforms like CoinGecko.
- Hype-Driven: Memecoins often depend on internet trends. If Moo Deng’s popularity fades, the coin’s value could drop too.
Final Thoughts
MOODENG is more than just a cryptocurrency—it’s a symbol of the love people have for the adorable Moo Deng the pygmy hippo. Her internet fame has not only brought more visitors to the Khao Kheow Open Zoo but also helped raise awareness about the importance of protecting endangered animals.
While MOODENG is riding the wave of excitement right now, it’s important to be cautious with any investment, especially in memecoins. Prices can change quickly, and there are no guarantees that the coin will keep going up in value.
If you want to support Moo Deng and her zoo, investing in the correct version of MOODENG might be a fun way to join in. Just remember to do your research and only invest what you’re comfortable losing.
As Moo Deng continues to capture hearts around the world, the future of this coin—and the baby hippo herself—remains exciting and unpredictable!