MOODENG's strong outbreak: the good news of listing boosts, jumping to Wintermute's largest Meme coin position

On December 4th, it was reported that the Meme coin Moo Deng (MOODENG) on the Solana chain has recently shown strong performance, with its price soaring from a low point of 0.2918 USDT to 0.6788 USDT, an increase of over 130%. Despite the current price pullback to 0.5141 USDT, the market trading heat remains high, becoming a focus project in the Meme sector.

 

The main driving force behind MOODENG's surge this time is Coinbase's announcement on December 2nd that it will be included in the listing roadmap. This positive news quickly attracted market attention and led to a large influx of funds. In addition, on December 3rd, according to on-chain analyst @ai_9684xtpa monitoring, MOODENG has surpassed GOAT and become the largest Meme coin holding of well-known market maker Wintermute, with a position value of up to $35.39 million, further consolidating its important position in the market.

 

MOODENG's popularity also benefits from its unique brand story. This internet celebrity, a dwarf hippopotamus born in Thailand, has successfully impressed the crypto community with its cute realistic image. The discussion on social media and the influx of market funds have formed a virtuous cycle, further promoting its rapid price increase.

 

With the overall recovery of the Meme coin sector and the fermentation of Coinbase's expected launch, the community eagerly anticipates whether it can rely on sustained popularity and financial support to once again reach new highs and become the long-term leader of the Meme sector.