Moo Deng crypto jumps 80%, but has the price surge ended?

03-12-2024 By: Sara Sethiya
Moo Deng crypto jump

Solana-Based Moo Deng Coin: Price Surge and Market Trends

While Moo Deng (MOODENG) recently surged by 80% in just one hour due to the announcement of its Coinbase listing, its price has seen a sharp 19.53% decline over the last 24 hours. Today's data shows a trading price of $0.000147, with a 24-hour trading volume of $10.47 million. Despite the recent hype, the coin has fallen well below its November all-time high of $0.0004355

Moo Deng Meme Coin Soars After Coinbase Roadmap Listing

Coinbase has added Moo Deng, the latest Solana-based meme coin, to its roadmap, a move that often signals a potential Coinbase listing. While trading for Moo Deng isn't live yet, this inclusion has already sparked a significant price surge. The infamous "Coinbase effect" is once again at play, with Moo Deng riding the wave of its newfound attention.

This isn't the first time the Moo Deng meme coin has gained traction. In October, it skyrocketed by 200%, jumping from $0.08 to $0.23 after its listing on Binance. Its meteoric rise began in September, when one lucky trader turned an $800 investment into $7.5 million. However, despite the hype, liquidity remains a challenge. 

Moo Deng Meme Coin Price Surge: Solana's Latest Sensation

Moo Deng, the latest Solana-based meme coin, has captured the spotlight with a significant price surge, attracting traders eager to profit from its volatility. Known for its efficiency and scalability, the Solana blockchain has proven to be a popular choice for new token launches, including Moo Deng.

This meme coin's recent momentum has not only boosted its own market cap to nearly $500 million but has also sparked a wave of activity across the meme coin market. 

With Moo Deng’s price surge and a promising roadmap announcement, all eyes are now on its upcoming Coinbase listing. Will it continue to lead the charge in the meme coin space? Only time will tell.

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