which app can I purchase Moodeng Coin MOODENG/USDT Listing OKX
Nov 18, 2024
Moodeng Coin (MOODENG) is a type of memecoin based on the Solana blockchain, inspired by a baby hippopotamus named Moo Deng in a Thai zoo. Here is a detailed explanation of Moodeng Coin:
If you want to purchase MOODENG/USDT, you can operate it on the OKX app and download it for free
Click to download:》https://ok.b615.com/32/ 《
1、 Naming and Background
Naming: Moodeng Coin's name comes from the popular Thai hippopotamus Moo Deng, which translates to "bouncing pig".
Background: Moo Deng is a dwarf hippopotamus baby born in July 2024 at the Khao Kheow Open Zoo in Ratchasima, Chumphon Province, Thailand. Its cute appearance and humorous behavior quickly became popular worldwide, attracting a large number of fans' attention.
2、 Technical features
Based on Solana blockchain: Moodeng Coin is built on Solana blockchain, which gives it the characteristics of fast transactions and low fees.
Token Supply: Moodeng Coin has a token supply of 989.97 million and a 0% buy and sell tax, making it an attractive option for traders looking for low-cost memes for trading.
3、 Charitable commitment
Supporting Zoo: The Moodeng Coin team has agreed to donate 100% of the fees collected from the Moonshot application to Khao Kheow Open Zoo. This charitable commitment adds a layer of purpose to the coin, making the holders aware that their investment is helping to support endangered species and care for their zoos.
4、 Market performance
Price trend: Since its launch, Moodeng Coin has stood out among memes due to its viral spread, community support, and charitable attention. Its price soared at one point, with a market value exceeding $200 million, becoming one of the fastest-growing memes.
Trading volume growth: With the announcement of the launch of the MOODENG/USDT perpetual contract by Binance, the trading volume of Moodeng Coin has increased significantly, becoming one of the most popular memes currently available.
5、 Risks and Precautions
Market volatility: Compared to other cryptocurrency investments, cryptocurrency trading carries greater risks as they are prone to irregular fluctuations. Therefore, investors should act with caution and take risk management precautions.
Unofficial authorization: Thai zoos have started applying for patents and trademarks for "Moo Deng" hippopotamus to prevent others from commercializing it. This may have an impact on related memes, as these memes are not officially authorized.
Research choice: There are a lot of Moodeng Coins in the market, and investors should conduct their own research on different meme coin projects using the Moo Deng brand to ensure proper interaction with the assets.
In summary, Moodeng Coin is a meme coin based on the Solana blockchain, inspired by the popular Thai hippopotamus Moo Deng. It has the characteristics of fast transactions, low fees, charitable commitments, and performs well in the market. However, investors should fully understand their risks and conduct thorough research and risk assessment before investing.
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