The Solana-based token inspired by the baby pygmy hippo, Moo Deng (MOODENG), made a big comeback Friday, spiking 85% after Binance Futures announced it would list the MOODENGUSDT Perpetual Contract.
This listing offers traders leverage up to 75x, sparking fresh interest and optimism among investors.
Moo Deng Outperforms Dogecoin with Impressive Gains
#Binance Futures will launch the USDⓈ-Margined $MOODENG Perpetual Contract at
Currently trading at $0.16, Moo Deng has outpaced popular meme coin Dogecoin, which has seen just a 0.17% increase in the past day. The hippo-inspired memecoin has also seen a substantial jump in trading volume. At the time of writing, trading volume has surged 181% over the past 24 hours, reaching $195 million.
Disclaimer: Not Investment Advice
it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.
Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.
