[ad_1]
A memecoin based mostly on the title and likeness of a child hippopotamus in a Thai zoo is stumbling on the gates following a brand new Coinbase itemizing.
Yesterday, Coinbase announced the itemizing of Moo Deng (MOODENG), a Solana (SOL)-based memecoin.
“Moo Deng (MOODENG) is now reside on http://coinbase.com & within the Coinbase iOS & Android apps. Coinbase clients can log in to purchase, promote, convert, ship, obtain or retailer these property.”
Moo Deng is the title of a child pygmy hippopotamus born within the Khao Kheow Open Zoo in Si Racha, Chonburi, Thailand, this previous summer season. The hippo has grow to be an web sensation, inspiring memes and memecoins alike. Moo Deng means “bouncy pork” in Thai.
Our favourite bouncy pork a.ok.a Moo Deng ??#moodeng @KhaokheowZoo @MooDengSOL pic.twitter.com/5cJl9oJD82
— Moo Deng (@moodengx) December 1, 2024
In November, Moo Deng went viral once more by accurately “predicting” the end result of the 2024 U.S. Presidential Election.
Regardless of Moo Deng’s web fame, MOODENG has faltered within the hours following the Coinbase itemizing. Roughly 24 hours following the memecoin’s addition to Coinbase, MOODENG is down 12.4%. In the meantime, the remainder of the crypto markets are largely surging following Bitcoin’s (BTC) historic breakthrough of $100,000.
In stark distinction with MOODENG’s struggles, one other Solana-based memecoin ripped after Coinbase added help on Wednesday.
Gigachad (GIGA), a crypto asset impressed by the photograph shoot of Russian bodybuilder Ernest Khalimov, pumped up 51% after the highest US crypto alternate listed the memecoin.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Test Price Action
Observe us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Day by day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses chances are you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in affiliate marketing online.
Generated Picture: DALLE3
[ad_2]
Source link