(Source: MooDengSOL)
In the blockchain world, humor and community resonance are often the keys to making assets popular. MOODENG is a typical meme coin inspired by a cute yet slightly irritable mini hippopotamus named Moodeng from the Khao Kheow Open Zoo in Thailand. As this animal gained popularity on social media platforms, the developers quickly built upon this and launched the MOODENG token in September 2024, rapidly sweeping the market.
MOODENG runs on the Solana blockchain, meaning that transactions have the dual advantages of high speed and low fees. This token was born on the Pump.fun platform, a tool known for simplifying the token creation process and being community-driven. After its launch, MOODENG performed astonishingly, with a 24-hour trading volume surpassing 48.5 million USD and its price skyrocketing over 600% since the initial issuance.
Different from function-oriented crypto assets, MOODENG is a community-rooted meme coin, whose core value is not technical, but comes from the global fans’ love for Moodeng the Hippo and their participation in creative works. The official account on X (formerly Twitter) has over 110,000 followers, and daily updates of the hippo’s funny images and meme content are shared on the platform, along with a Telegram group to deepen interactions and discussions among users. This highly cohesive community has driven the viral spread of MOODENG, making this token transcend typical investment products and become a digital cultural symbol.
In addition to its entertainment and investment potential, MOODENG also demonstrates its charitable orientation. The development team has publicly stated that all fees generated from the token will be donated to the Kaokai Zoo to support the care of this lovely hippo. Currently, the zoo is also considering registering the Moodeng trademark for future branding and fundraising purposes. Such actions not only enhance the sense of identity among investors but also reinforce the value proposition of the token.
MOODENG adopts the typical issuance model of Pump.fun: no pre-sale, no institutional quotas, and no unlocking period, allowing all participants to compete fairly on the same starting line. This transparent and equitable token distribution method attracts a large number of retail investors’ participation, making MOODENG a truly bottom-up community project driven in Web3.
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MOODENG is not a baseless hype, but a product that combines culture, community, charity, and structural opportunities in the crypto market. From a cute little hippo to a meme coin with a market value of tens of millions of dollars, it has demonstrated through action the driving force of community in the crypto world. Whether you are an investor, a meme enthusiast, or a Web3 novice, MOODENG is an emerging force worth paying attention to. It may not just be the next DOGE, but more likely a new symbol of digital native culture.