MOODENG, the meme coin inspired by a baby pygmy hippo, has surged in price ahead of its upcoming listing on Binance.
The token briefly hit $0.16 USDT, marking a 24-hour increase of 140%. As of now, MOODENG is trading at $0.1595, up 136.21% in the past day.
Binance Launch
On October 25, 2024, Binance will introduce the USDⓈ-M MOODENGUSDT perpetual contract. This contract allows traders to engage in crypto-to-crypto trading without converting to fiat currencies.
The contract will go live at 18:00 UTC and offers a maximum leverage of 75x, enabling users to take highly leveraged positions on MOODENG. The capped funding rate is +2.00%/-2.00%, with settlements occurring every four hours.
The Moo Deng Story
Launched in September 2024, MOODENG is a Solana-based meme coin inspired by Moo-Deng, a two-month-old pygmy hippo from Thailand's Khao Kheow Zoo. The coin's popularity stems from Moo-Deng's adorable videos that went viral on the internet.
With a total supply capped at 989.97 million and no buy-or-sell taxes, MOODENG has quickly gained traction in the cryptocurrency market.
October 2024, Cryptoniteuae