KEYTAKEAWAYS
- MOODENG is a memecoin launched on Solana, inspired by a baby hippo from a Thai zoo that became an internet sensation.
- MOODENG's market cap peaked at $190 million, largely driven by community support and market sentiment.
- Investors should be cautious, as memecoins like MOODENG are highly volatile and influenced by social media trends.
CONTENT
MOODENG, a memecoin on Solana inspired by a baby hippo, has captured crypto enthusiasts. Launched on Pump.fun, it reached a $190 million market cap. Learn more about its journey.
WHAT IS MOODENG?
MOODENG is a memecoin built on the Solana blockchain, inspired by a small hippo named MOODENG from a zoo in Thailand. This cryptocurrency was first launched on the Pump.fun platform on September 11, 2024. At its peak, MOODENG’s market capitalization reached $190 million.
This emerging cryptocurrency combines the charm of cute animals with blockchain technology, attracting the attention of many investors and crypto enthusiasts. As a memecoin, MOODENG‘s value largely depends on community support and market sentiment. While its market cap has reached a substantial level, investors should still carefully consider the associated risks.
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Baby Hippo MOODENG: The Internet’s New Darling
On July 10, 2024, a adorable baby hippopotamus named MOODENG was born in a Thai zoo, quickly becoming an internet sensation. Zoo staff, keenly aware of the public’s adoration for MOODENG, began regularly sharing snippets of its daily life on social media. Whether it’s MOODENG‘s voracious eating habits or its endearing sleeping postures, every moment captivates fans. These photos and videos spread rapidly online, sparking wave after wave of meme creations.
unbothered. moisturized. happy. in my lane. focused. flourishing#moodeng pic.twitter.com/W6IegMFO5A
— kristina🦒 (@kristinakovv) September 16, 2024
MOODENG‘s most striking feature is its iconic expression—a wide-open mouth with puffed-up cheeks. This look has not only amused countless netizens but also made them chuckle at the contrast between MOODENG‘s rotund body and exaggerated expressions. MOODENG‘s charm extends beyond its cute appearance; its every move has become a source of inspiration for artists. An increasing number of people are creating MOODENG-themed artworks, ranging from illustrations to sculptures and even digital art, interpreting this little hippo’s image in various interesting ways.
Nicknamed the “MOODENG,” this baby hippo has conquered the internet world with its unique charm, becoming one of the most popular animal celebrities of 2024. MOODENG‘s rise to fame not only brings joy to people but also reflects modern society’s enthusiasm for cute animal culture and the significant role of social media in shaping internet phenomena. Its story demonstrates how, in the digital age, a simple and adorable image can quickly capture global attention and inspire creativity and interaction across various media platforms.
Moo Deng’s adorable nature, dramatic expressions, chaotic personality, and relatability have resonated with a global audience, gaining significant attention online. Even major companies like DreamWorks Animation, Universal Pictures, and Windows have incorporated Moo Deng’s image into some of their iconic visuals.
ctrl + alt + Moo Deng pic.twitter.com/GpB4J7Th3u
— Windows (@Windows) September 21, 2024
>>> More to read : What Is Memecoin And Why Are They Popular?
MOODENG TOKEN COMPARISON
There are several MOODENG tokens available: one on Solana, another on Ethereum (ETH), and various others on networks like Base. Both tokens are inspired by the same animal, and while this article doesn’t specifically endorse either project, it’s crucial for potential investors to consider certain parameters to help them decide which MOODENG token to invest in.
1. Community
First, take a look at the token’s community. Generally, investors are attracted to communities with greater influence. In the case of Moo Deng, the clear winner is MOODENG on Solana, where the memecoin’s X (formerly Twitter) page serves as a fan page for the hippo, focusing on images, videos, and memes. As of this writing, it has 47,500 followers.
2. Market Capitalization
MOODENG on Solana is also the largest MOODENG memecoin, with a market cap exceeding $190 million. In contrast, the MOODENG on Ethereum has a much smaller market cap of $7.5 million. There are also other smaller tokens, such as MOODENG on Base and additional MOODENG tokens on Solana.
(Source:Coinmarketcap)
MOODENG FUTURE & SUMMARY
In the world of crypto, memecoins have become a notable sector, with names like DOGE and PEPE becoming household names. Recently, a baby pygmy hippopotamus named MOODENG quickly gained popularity on the internet due to its adorable image, inspiring a new cryptocurrency named after it.
MOODENG‘s rise to fame not only brought entertainment but also unexpectedly raised public awareness about pygmy hippopotamuses as an endangered species. This phenomenon demonstrates the potential of social media and internet culture in promoting conservation awareness. To protect MOODENG‘s image, the zoo has begun applying for patents and trademarks for “Hippo Moo Deng” to prevent commercial exploitation by others.
However, investors need to be cautious about cryptocurrencies related to MOODENG. Memecoins typically carry higher risks, with their value easily influenced by social media trends and market sentiment, leading to dramatic price fluctuations. Therefore, investors are advised to carefully assess their risk tolerance before participating.
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