Date: Mon, Oct 07, 2024, 11:38 AM GMT
The crypto world is buzzing with excitement as Bitcoin (BTC) rallies back to $63K after dipping to $60K on October 3. This surge is helping fuel a broader market rally, with major cryptocurrencies seeing renewed interest. One trend that continues to thrive is the rise of memecoins. After the craze around dog and cat-themed tokens, the spotlight is now on hippo-themed memecoins, and one of the hottest in this space is MOODENG.
Hippo-themed memecoins, such as Moodeng SOL, Moodeng VIP, and Sudeng (HIPPO), have been making waves recently, catching the attention of traders. These coins have sparked rapid growth, showing impressive price increases within a short period.
In a move, a well-known crypto whale, dimethyltryptamine.eth, who famously turned $45K into a staggering $25.2M with $PEPE, has now jumped into the MOODENG hype.
According to Spotonchain, 14 hours ago, this whale swapped 54 ETH (around $139K) for 2.105 billion MOODENG tokens, and in just half a day, his holdings have surged by 45%, earning him an additional $62.5K.
Whale’s Portfolio Breakdown:
- $PEPE: 1.97 trillion tokens, valued at $20.2M. Estimated total profit: $25.2M (+55,978%).
- $MOG: 147.5 billion tokens, valued at $249K. Estimated total profit: $847K (+487%).
- $WOJAK: 711.7 million tokens, valued at $523K. Unrealized profit: $276K (+109%).
MOODENG, or moodeng.vip, is a meme coin built on Ethereum and inspired by a famous hippo from a Thai zoo. Launched on September 15, this coin is driven by its community and has quickly gained traction, currently trading at $0.00014237 with the huge gains of almost 200% in last 24 hour with the marketcap of $41 Millions.
While the hype around these memecoins is exciting, it’s crucial to remember that new tokens like MOODENG come with significant risks.
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