Within 24 hours, Moodeng, the meme coin based on viral Thai Baby Hippo, has increased its market cap by 42.34%, ranking at no. 1 among other 500 top tokens.
The market cap of MOODENG/SOL is now touching $128M. This Solana-based token is among the few coins that have reached this market cap quickly after its launch within the recent months.
The viral meme continues to take over the internet, adding to the value of the inspired crypto token. Earlier a trader owning 6 SOL worth of Moodeng turned it into a whopping $1.3M in a few days.
Additional reporting by Noor Bazmi