Moo Deng (MOODENG) is a meme coin built on the Solana blockchain, inspired by a real-life baby pygmy hippopotamus named Moo Deng living in Thailand’s Khao Kheow Open Zoo. The adorable hippo went viral online, leading to the creation of a cryptocurrency in its name.
As of writing, MOODENG has surged by 16.91% in the past 24 hours, making it one of the day’s top-performing assets.
The price increase may be linked to Robinhood’s recent listing of Moo Deng (MOODENG) for spot trading on its platform. This move reflects the growing popularity of Solana-based meme coins among retail investors.
