MOODENG (MOODENG) Price Surges 42% as Solana Traders Seek to Capitalize on Viral Pygmy Hippo's Popularity

The Solana token was first launched on meme coin platform Pump.fun on Sept. 10, and has since become as popular as its adorable meme counterpart for Solana traders.

Solana traders are attempting to capitalize on the viral popularity of Moo Deng, a pygmy hippo from Thailand, by trading in a meme coin named MOODENG (MOODENG). The coin has seen a surge of up to 42% in the past 24 hours.

Solana traders are now showing interest in a meme coin dubbed Moo Deng (MOODENG) as the animal’s fame continues to grow. The price of the meme coin has surged by up to 42% in the past 24 hours.

The Solana token was first launched on the meme coin platform Pump.fun on Sept. 10, and has since become as popular as its adorable meme counterpart for Solana traders.

According to data from the crypto price tracking website CoinGecko, on Sept. 26 MOODENG (MOODENG) has risen to $0.1198, up 42.7% in the past day.

In the past 24 hours, Moo Deng’s market cap has soared from $71 million to $120 million.

On-chain analytics firm Lookonchain recently posted on Twitter about a trader who struck gold with the hippo token when he traded in his 9.8 Solana (SOL) tokens for 38.7 million Moo Deng tokens. Since buying Moo Deng, the trader managed to gain 2554-fold in profits.

This guy turned $1,331 into $3.4M in only 15 days, a 2,554x return! 😱

He spent 9.8 $SOL($1,331) to buy 38.7M $MOODENG on Sept 10,

now worth more than $3.4M!

https://t.co/ADTPSX1IgI pic.twitter.com/3BMBD7Um26

At the time of writing, Moo Deng currently stands as the top Pump.fun meme coin on Gecko Terminal’s rankings, beating out top contenders like BILLY, SCF, and DADDY.

The token derives its inspiration from Moo Deng’s popularity in the real world, which shows no signs of abating. Moo Deng’s home, Khao Kheow Open Zoo, has announced plans to launch a 24-hour livestream of the pygmy hippo in response to overwhelming public demand.

Moo Deng, whose name translates to “bouncy pork” in Thai, is a two-month-old pygmy hippo from Chonburi, Thailand. She stole the hearts of millions of internet users with her chubby cheeks and perpetually wet appearance.

Social media posts of the baby hippopotamus have easily garnered millions of views, solidifying her status as an internet celebrity. Moo Deng has been featured in numerous memes that have spread across the web.

In an interview with the Bangkok Post, zoo director Narongwit Chodchoy shared that Khao Kheow Open Zoo has seen an increase in visitors of up to 50% due to the attraction of the adorable mammal. He anticipates that the zoo will generate earnings of over 200 million baht ($6.13 million) by the end of the year.