{"id":463341,"date":"2024-09-26T17:16:16","date_gmt":"2024-09-26T17:16:16","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=861983"},"modified":"2024-09-26T17:16:16","modified_gmt":"2024-09-26T17:16:16","slug":"moo-dengs-antics-spark-a-140-million-memecoin-phenomenon-12400-unique-wallets","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2024\/09\/26\/moo-dengs-antics-spark-a-140-million-memecoin-phenomenon-12400-unique-wallets\/","title":{"rendered":"Moo Deng\u2019s Antics Spark a $140 Million Memecoin Phenomenon\u201412,400 Unique Wallets"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2024\/09\/moo-deng.webp\" class=\"ff-og-image-inserted\"><\/div>\n<ul>\n<li><strong>Moo Deng, a newborn Thai pygmy hippo that has stolen hearts globally, is now the star of a $142 million meme coin that surged over 60% in the past day alone.<\/strong><\/li>\n<li><strong>The new meme coin has minted several new millionaires but is dividing opinion on whether such projects take away from coins with real utility.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>Just when you think meme coins are done with, they find a way to make a big splash. This time, the latest headliner is based on the cutest baby hippo global: Moo Deng.<\/p>\n<p>Moo Deng is a pygmy baby hippo born two months ago at the Khao Kheow Open Zoo in Thailand. Since then, it has <a href=\"https:\/\/mashable.com\/article\/moo-deng-baby-pygmy-hippo-livestream-watch\" target=\"_blank\" rel=\"nofollow noopener\">stolen the hearts<\/a> of billions globally, with its photos and videos splashed across social media. It has even morphed into a makeup <a href=\"https:\/\/www.thefashionspot.com\/beauty\/891185-moo-deng-hippo-makeup-trend-viral\/\" target=\"_blank\" rel=\"nofollow noopener\">trend<\/a> on TikTok.<\/p>\n<p>This makes the baby hippo the perfect object for a meme coin. Moo Deng has become the latest meme coin sensation, and over the past week, it has shot up from $0.03597 to trade at $0.145 at press time, a 320% rise. In the past day alone, it has gained 70%, taking its market cap to $144 million.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">NEW: SOLANA MEMECOIN $MOODENG (<a href=\"https:\/\/twitter.com\/MooDengSOL?ref_src=twsrc%5Etfw\">@MooDengSOL<\/a>) BECOMES THE BIGGEST 24H GAINER AMONG THE TOP 500 TOKENS BY MARKET CAP <a href=\"https:\/\/t.co\/1H7aN56E6y\">pic.twitter.com\/1H7aN56E6y<\/a><\/p>\n<p>\u2014 DEGEN NEWS (@DegenerateNews) <a href=\"https:\/\/twitter.com\/DegenerateNews\/status\/1839291857513361622?ref_src=twsrc%5Etfw\">September 26, 2024<\/a><\/p>\n<\/blockquote>\n<p>The unprecedented surge has minted millionaires who spotted the opportunity early on. One trader turned $1,331 into a staggering $3.4 million in just two weeks, which translates to over a 2,550% return.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 NEW: <a href=\"https:\/\/twitter.com\/lookonchain?ref_src=twsrc%5Etfw\">@lookonchain<\/a> reveals that a trader on <a href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\">@Solana<\/a> turned $1,331 into $3.4M in just 15 days by buying $MOODENG memecoin at an early stage.<\/p>\n<p> a 2,554x return. <a href=\"https:\/\/t.co\/XIQUeJ1poz\">pic.twitter.com\/XIQUeJ1poz<\/a><\/p>\n<p>\u2014 SolanaFloor (@SolanaFloor) <a href=\"https:\/\/twitter.com\/SolanaFloor\/status\/1838988453662671069?ref_src=twsrc%5Etfw\">September 25, 2024<\/a><\/p>\n<\/blockquote>\n<p>Moo Deng is setting new records in its wake. For one, it\u2019s the first Thailand-centred meme coin to surge to over $100 million, which it hit earlier today. However, it\u2019s not really a Thai token, as Kasetsart University\u2019s Udomsak Rakwongwan noted. He added:<\/p>\n<blockquote>\n<p>There used to be other memes in Thailand, but they were not so successful because they began in Thailand. There was a token about ex-junta prime minister. It went quite viral, but the price and market caps didn\u2019t go anywhere.<\/p>\n<\/blockquote>\n<p>Another trader turned a mere $401 into a staggering $800,000, with thousands making handsome returns. At press time, the number of unique wallets had surged past 12,500 as the fear of missing out continued to draw more traders.<\/p>\n<p>For some crypto purists, sensational crypto projects like Moo Deng are a stain on the industry. This faction believes that such coins take away from the coins that are offering real utility, with these major coins sometimes losing their investment to these newbies.<\/p>\n<p>However, for others, Moo Deng is a breath of fresh air. One of them <a href=\"https:\/\/x.com\/0xuberM\/status\/1839059366651244746?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1839059366651244746%7Ctwgr%5Ec8e75f87660bc9342d1ce012ada80589b0fde60d%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.coindesk.com%2Fmarkets%2F2024%2F09%2F26%2Fcrypto-inspired-by-moo-deng-zooms-to-100m-as-hippo-meme-takes-over-internet%2F\">posited<\/a> on X that Moo Deng is exactly what meme coins should be like: \u201cSomething genuinely cute\/interesting with crazy normie appeal that will capture enough attention over a sustained period of time to guarantee PVE expansion where everyone eats. Coins like \u201cball up top\u201d gay af in comparison (respectfully).\u201d<\/p>\n<p>Regardless, Moo Deng is yet another confirmation that Solana has arrived as one of the biggest meme coin players. <a href=\"https:\/\/www.crypto-news-flash.com\/solana-could-reach-50-of-ethereums-market-cap-by-dominating-defi-and-payments-says-vaneck\/\">Solana<\/a> became home to some of the biggest success in this year\u2019s meme coin bonanza, including <a href=\"https:\/\/www.crypto-news-flash.com\/dogwifhat-wif-leading-the-top-gainers-list-today-skyrocket-13-12\/\" target=\"_blank\" rel=\"noopener\">WIF<\/a>, BOME and more recently, <a href=\"https:\/\/www.crypto-news-flash.com\/popcat-impressive-growth-outpaces-major-cryptos-and-meme-coins\/\" target=\"_blank\" rel=\"noopener\">POPCAT<\/a>. All these have become central players in the meme coin sector.<\/p>\n<hr>\n<h6>Recommended for you:<\/h6>\n<div class=\"tve-leads-shortcode tve-leads-triggered tve-tl-anim tl-anim-instant tve-leads-track-shortcode_228374\">\n<div class=\"tl-style\" id=\"tve_tcb2_set-001\" data-state=\"50\" data-form-state>\n<div class=\"tve-leads-conversion-object\" data-tl-type=\"shortcode_228374\">\n<div class=\"tve_flt\">\n<div id=\"tve_editor\" class=\"tve_shortcode_editor\">\n<div class=\"thrv-leads-form-box tve_no_drag tve_no_icons thrv_wrapper tve_editor_main_content thrv-leads-in-content tve_empty_dropzone\" data-css=\"tve-u-185a09262cb\">\n<div class=\"thrv_wrapper thrv_text_element\">\n<p data-css=\"tve-u-185a09262d4\"><span data-css=\"tve-u-185a09262d5\">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; No spam, no lies, only insights. You can unsubscribe at any time.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moo Deng, a newborn Thai pygmy hippo that has stolen hearts globally, is now the star of a $142 million meme coin that surged over 60% in the past day alone. The new meme coin has minted several new millionaires but is dividing opinion on whether such projects take away from coins with real utility. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":463342,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1835,21615,25,56],"class_list":{"0":"post-463341","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-meme-coin","9":"tag-moo-deng","10":"tag-news","11":"tag-solana"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/463341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=463341"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/463341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/463342"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=463341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=463341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=463341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}