MOODENG memecoin jumps 59%

MOODENG memecoin explodes 59% on Coinbase listing roadmap

Written by
Edited by
Written on Dec 2, 2024
Reading time 2 minutes
  • Moo Deng (MOODENG) surged 59% after being added to Coinbase's listing roadmap.
  • MOODENG has risen 242% in 30 days, fueled by its connection to the baby hippo, Moo Deng.
  • MOODENG is currently available on Solana, with no official listing on CEX yet.

Follow Invezz on Telegram, Twitter, and Google News for instant updates >

In a thrilling development for memecoin enthusiasts, the Solana-based Moo Deng (MOODENG) has surged 59% in price following its addition to Coinbase’s listing roadmap.

Launched in October 2024, Moo Deng (MOODENG) has quickly captured the hearts of internet users worldwide, thanks to its unique connection to an adorable baby pygmy hippopotamus named Moo Deng.

The rise of Moo Deng (MOODENG)

Copy link to section

Moo Deng was born in September 2024 at the Khao Kheow Open Zoo in Si Racha, Chonburi, Thailand, and quickly became an internet sensation for her playful spirit and feisty personality.

The playful and feisty nature of the young hippo, which captured the hearts of audiences around the world, has translated into the token’s growing popularity.

The token’s price has risen by over 242% over the past 30 days and the Coinbase announcement will likely add momentum to the already bullish trend.

Source: GeckoTerminal

While Coinbase has made it clear that trading and transfers of MOODENG are not yet supported, the decision to add the memecoin to its listing roadmap has certainly fueled investor enthusiasm.

As part of its efforts to enhance transparency, Coinbase stated that it will continue to update users on its blog whenever a final decision on the token’s listing is made.

The crypto exchange stressed that depositing MOODENG into user accounts before an official listing announcement could result in the permanent loss of funds.

MOODENG is only available on the Solana Blockchain

Copy link to section

For now, Moo Deng remains available for trading only on the Solana blockchain via DEXs like Raydium, with the contract address listed as ED5nyyWEzpPPiWimP8vYm7sD7TD3LAt3Q3gRTWHzPJBY.

While the token is yet to be listed on any major crypto exchanges including Binance, its inclusion on Coinbase’s roadmap could be a key step in boosting its visibility within the broader cryptocurrency ecosystem.

As Moo Deng moves closer to its official Coinbase listing, its future looks bright, with continued interest from investors and fans alike.

The connection to the lovable baby pygmy hippopotamus has undoubtedly contributed to the token’s popularity, turning Moo Deng into more than just a digital asset—it’s become a symbol of the power of internet culture.

Advertisement