MOODENG Coin Viral, Here are the Tokenomics and History

Bittime - MOODENG coin is becoming a new favorite in the crypto world in the memecoin sector.

How could it not be, the cute and funny narrative behind the MOODENG coin is one of the main factors why the MOODENG coin went viral.

However, does the dictionary have information about the tokenomics of the MOODENG coin and how it came about? 

Read the following article to the end.

What is MOODENG Coin?

The MOODENG coin is a new meme coin inspired by a tiny hippo named Moo Deng who lives at the Khao Kheow Open Zoo, Thailand.

The MOODENG coin was first released on September 10, 2024 via pump.fun, and is on the Solana network.

In practice, the MOODENG coin appears as a vessel for the community's love for Moo Deng.

Considering that Moo Deng has been viral in the last few months, the MOODENG coin has certainly received a positive impact.

MOODENG Coin Tokenomics

MOODENG is a new Solana-based meme coin that was launched via pump.fun on October 10, 2024.

Since the appearance of the MOODENG coin, pump.fun users have gradually increased which is likely due to the appeal of the MOODENG narrative.

The following is the tokenomics of the MOODENG coin which is currently viral.

Apart from the tokenomics data above, quoting from solscan.io, currently the circulating supply is approx 989,968,154.41.

The holders data in the table above is fluid, meaning it can change quickly in a matter of minutes.

History the Origin of Moo Deng and MOODENG Coins

Source: bangkokpost.com

Let's understand the origins of Moo Deng, and MOODENG. Moo Deng is the name of a baby hippo born on July 10 2024 to a mother named Moo Ton and a father named Moo Warn.

What's unique about the little hippo's name Moo Deng is that it wasn't the zoo who named him, but netizens.

So some time after the birth of the baby hippo, who was later named Moo Deng, the zoo actively uploaded cute videos of the little hippo.

Unexpectedly, netizens were so enthusiastic about the hippo video.

Because it could be that the cute little hippo doesn't have a name yet, a poll was held on social media, and as a result, netizens chose the name Moo Deng.

The name 'Moo Deng' itself in Thai means 'chewy pork'.

Origin of MOODENG Coins

In the crypto world, popularity is a key factor in the success or success of a coin, especially meme coins.

MOODENG is the ticker name for the meme coin called Moo Deng. 

The name of the coin and similar ticker, MOODENG, was inspired by the viral sensation of a tiny baby hippo named Moo Deng from Thailand.

Evidence of the viral factor being one of the determinants of the success of meme coins can be seen in MOODENG, because as of September 27 2024, MOODENG has a market cap of up to $200 million which then makes it the 252nd ranked crypto coin in the world.

Since the emergence of MOODENG, the meme coin sector has boomed again, even though the price of the MOODENG coin itself is still very volatile.

Final Note

The MOODENG coin that is currently going viral looks promising. However, you need to realize that the crypto world, especially the meme coin sector, is full of risks.

Therefore, before deciding to invest in any coin, including MOODENG, make sure you do in-depth research first.

Don't just get carried away and only aim for profit without knowing the risks that accompany it. Hope it is useful.

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