The Solana-based asset inspired by the baby pygmy hippo Moo Deng (MOODENG) made a notable comeback on Friday. Moo Deng’s price spiked by 85% minutes after Binance Futures announced its plans to introduce the MOODENGUSDT Perpetual Contract, offering traders leverage of up to 75x.
MOODENG currently trades at $0.16, outperforming leading meme coin Dogecoin, whose value has climbed by just 0.17% over the past 24 hours. The hippo-inspired memecoin has seen a significant surge in its trading volume. As of this writing, this stands at $195 million, having risen by 181% in the past 24 hours.
This is a developing story…
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
