Moodeng is a crypto meme coin inspired by the internet sensation “Moodeng,” a popular baby Pygmy hippopotamus that lives in Thailand’s Khao Kheow Open Zoo. The internet adores this hippo for its cute and slightly aggressive personality. As Moodeng’s popularity grew, developers launched the meme coin in September 2024. Now, the project has over 12,400 wallets and a trading volume of $569.38 million.

Built on the Solana network, the Moodeng coin enjoys benefits like lower fees and faster transactions. Developers created the meme coin on Pumpfun, a platform with a simple interface and an easy minting process.

MOODENG powers the Moodeng project, running on the Solana blockchain. The token went live in September and quickly skyrocketed. Currently, a single MOODENG costs $0.238—over 600% higher than its initial value. The token continues to surprise the crypto world, reaching $48.5 million in trading volume within 24 hours of its launch. Around the same time, a user demonstrated how they earned $3.4 million by investing $1,331 in MOODENG early on.

With a total supply of 989.97 million MOODENG, the token’s volume now stands at $488.10 million. Users can buy MOODENG quickly and easily on both centralized and decentralized exchanges.

Source: moodengsol.com

History of MOODENG

The story of the Moodeng meme coin starts with the birth of the Moodeng hippo and its virality. The meme coin was created on Pumpfun by a user named @Btxty8. Its first sale was on September 11, and it has been zooming ever since.

The meme coin has been quite successful and reportedly performs better than Dogecoin. At the time of writing, Dogecoin sells at $0.151, while Moodeng sells at $0.1526. However, with its success, the Khao Kheow Open Zoo has not yet claimed affiliations with the token. It seems the zoo is trying to trademark the name “Moodeng” so they can use it for the zoo’s fundraising. However, the Moodeng meme coin has shown its commitment to the zoo by pledging that all fees generated will go to the Khao Kheow Open Zoo).

How Does MOODENG Work?

Moodeng is a meme coin, and one of the best things about it is the community it creates around it. The community of this meme coin was made around the internet sensation Moodeng. While other coins provide utility or represent a stake in the governance, meme coins are simply for the community. This is why meme coins like Moodeng are usually created from popular online things. Dogecoin rallied the fans of the doge meme, and now Moodenmg is rallying fans of the cute Hippo, Moodeng.

To grow its community, Moodeng has an X page with over 76 thousand followers, where they share pictures and videos of the Hippo being cute and anything related to the hippo. This includes fan art, news articles, memes, and more. There is also a Telegram page where they foster their community.

Holders can exchange their tokens for fiat currency. Some holders are investing in Moodeng to hodling in hopes of making it big. Some people have made a profit already, a MOODENG holder made over $3 million by investing early.

Main Features of MOODENG

As a meme coin, Moodeng has managed to draw people in with its features. Meme coins might not provide utility or governance, but Moodeng proves that they are valuable in their own right. Here are some of its features:

Community

Meme coins are known for the community they create, but Moodeng cranks this up to 100 because buying into it means that they are directly and communally participating in the appreciation of Moodeng (the Hippo).

Moodeng’s page on X is updated daily with information and memes about the cute Hippo. There is also a thriving hub on Telegram where fans and holders of Moodeng can participate. An extension of its commitment to fostering community, Moodeng holders can vote before any major decision is made.

Charity

MOODENG token holders might place themselves on a higher moral pedestal because the coin they bought is not just a meme coin that is for fun and community, it is also for charity. Moodeng has emphasised that it not only loves and respects the Hippo it was named after but is going to give back to the zoo housing the Hippo.

Simple Tokenomics

Moodeng has simple tokenomics because there is no private presale. It uses the Pump.fun tokemnomics. The tokens are distributed in a community-centric way.

MOODENG Tokenomics

Moodeng was made on Pump.fun, a platform that helps users easily create meme coins on the Solana network. Moodeng has no tokenomics outline, the tokenomics are handled by Pump.fun.

The platform has fair launches and no vesting schedule, which means that it does not allow presales of the meme coins. So, unlike utility and governance tokens that have a distribution model, meme coins built in Pump.fun do not have this.

MOODENG has a circulating supply of 989.97M tokens and a total supply of 989.97M tokens.

Is MOODENG a Good Investment?

Even as Moodeng rises, users should remember that meme coins are known for their volatility and market fluctuation.

Potential Moodemg holders are advised to do their own research and determine if they have the risk appetite to take on this investment.

Source: pexels

Take Action on MOODENG

You can take action on MOODENG with a centralized exchange like Gate.io. You can find more about Moodeng in Gate.io here and then take action.

How Can You Own MOODENG

To buy MOODENG, go to Gate.io, click on the “buy crypto” Button at the top left corner of the screen, and then choose your preferred payment method.