Moo Deng (MOODENG) Price Soars 188%: Next Big Solana Memecoin?
2025-05-12 10:16:52Solana Meme Coin Mania: Moo Deng Skyrockets 188% as Binance Listing Rumors Fuel Frenzy
The cryptocurrency market is no stranger to wild price swings, but few assets have captured the attention of traders like Moo Deng (MOODENG), a Solana-based meme coin inspired by a viral baby hippo from Thailand. Over the past week, MOODENG has surged 188%, with its 24-hour trading volume exceeding $1.1 billion—a staggering figure for a token that was virtually unknown just months ago.
What’s driving this explosive rally? A mix of social media hype, speculative trading, and rumors of an imminent Binance listing—a combination that has historically triggered parabolic moves in meme coins.
From Obscurity to Crypto Stardom: The Rise of Moo Deng
Moo Deng was launched in September 2024 as a lighthearted tribute to a baby hippo that became an internet sensation at Thailand’s Khao Kheow Open Zoo. Initially trading at $0.00005088, the token languished in obscurity until early 2025, when a wave of meme coin speculation reignited interest in Solana-based assets.
The turning point came in May 2025, when MOODENG’s price suddenly spiked 555% in a week, pushing its market cap past $1.85 billion. Analysts attribute this surge to:
Binance Alpha Listing Rumors – Unverified reports suggested that Binance was considering adding MOODENG to its Innovation Zone, a section reserved for high-risk, high-reward tokens.
Social Media Frenzy – Crypto influencers on X (formerly Twitter) and Telegram began aggressively promoting MOODENG, drawing in retail traders looking for the next Dogecoin or Shiba Inu.
Solana Meme Coin Revival – After a brutal 2024 bear market, Solana-based meme coins like Peanut the Squirrel (PNUT) and Goatseus Maximus (GOAT) have staged a dramatic comeback, with some gaining over 100% in days.
The Meme Coin Gold Rush: Why Solana?
Solana has emerged as the preferred blockchain for meme coin traders, thanks to its low fees and fast transactions. Unlike Ethereum, where gas fees can spike during congestion, Solana allows traders to flip meme coins with minimal costs—making it ideal for speculative trading.
Recent data shows that Solana’s DEX volume hit $20.5 billion this week, nearly double that of BNB Chain, its closest competitor. This liquidity has fueled a new wave of meme coin mania, with projects like Solaxy ($SOLX)—a Solana Layer-2 solution—raising $34.2 million in presale funding, the largest ever for a Solana meme coin.
Expert Views: Sustainable Rally or Bubble?
While retail traders chase MOODENG’s explosive gains, analysts remain divided on its long-term viability.
Bullish Case: Some argue that meme coins like MOODENG thrive in bull markets, where speculative capital flows into high-risk assets. "If Bitcoin remains above $100K, meme coins will continue attracting liquidity," says Nick Ruck of LVRG Research.
Bearish Warnings: Others caution that 90% of meme coins fail, and MOODENG’s 453% 24-hour trading volume-to-market cap ratio suggests extreme volatility. "This looks like a classic pump-and-dump," warns a BeInCrypto analyst.
What’s Next for Moo Deng?
The immediate focus is on whether Binance or other major exchanges will list MOODENG. If confirmed, the token could see another leg up, similar to Dogwifhat (WIF) after its KuCoin listing. However, if the rumors fizzle out, a sharp correction is likely.
Meanwhile, Solana’s ecosystem continues to expand, with new meme coins like Bitcoin BULL ($BTCBULL) and MIND of Pepe ($MIND) gaining traction. Whether MOODENG sustains its rally or fades into obscurity, one thing is clear: the meme coin craze is far from over.
Share your thoughts on our X: Do you think MOODENG will hit $5, or is this just another hype cycle?
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.
Sources:
CoinCentral: "Solana Meme Coins Explode: Moo Deng, PNUT, Is Solaxy the Next 100x Crypto?"
BeInCrypto: "Binance Alpha Listing: Solana Meme Coins MOODENG and GOAT Surge"
Invezz: "Top Crypto Price Predictions: Virtual Moo Deng and BONK"