MOODENG, the meme coin inspired by the viral pygmy hippo Moo Deng, has made a stunning debut in the cryptocurrency market, surging 200% following its listing on Binance.
As per CoinMarketCap’s data, the token momentarily broke through the $0.20 barrier, resulting in a 205.62% 24-hour rise, indicating significant investor interest. The price of Moo Deng meme currency is currently $0.2401.
On October 25, 2024, MOODENG was officially listed on Binance with the MOODENGUSDT perpetual contract. This contract enables traders to participate in crypto-to-crypto trading without converting to fiat currencies.
The contract offers an impressive maximum leverage of 75x, empowering users to take highly leveraged positions on the price of the Moo Deng meme coin. Additionally, the perpetual contract features a capped funding rate of +2.00%/-2.00%, with settlements occurring every four hours.
Since its launch in September 2024 on the Solana blockchain, MOODENG has garnered significant traction in the crypto market, capturing the imagination of investors with its playful branding linked to Moo Deng, a two-month-old pygmy hippo at Thailand’s Khao Kheow Zoo.
The total supply of MOODENG is capped at 989.97 million, with no buy-or-sell taxes, making it an attractive option for traders and meme enthusiasts alike.
Also Read: Trader Turns $1,300 to $9.5M with $MOODENG in Just 15 Days!
