The Solana-based memecoin MOODENG has taken the crypto market by storm, surging over 1,000% in the past month.
Author: Sahil Thakur
The Solana-based memecoin MOODENG has taken the crypto market by storm, surging over 1,000% in the past month. A staggering 600% of that growth happened just in the last week, positioning it as one of the top-performing assets in the market right now.
MOODENG draws its inspiration from a baby pygmy hippo named Moo Deng, whose playful charm captivated the internet in late 2024. This viral sensation led to the creation of the MOODENG token on the Solana blockchain, where it quickly gained traction. Launched through pump.fun in September 2024, the token tapped into the power of community-driven memes and nostalgia.
As of May 12, 2025, MOODENG is trading around $0.26, reflecting a massive 1,036% increase over the past month. In just the last seven days, it skyrocketed 640%, driven by intense trading activity and community engagement. MOODENG’s market cap has surged past $270 million, with a 24-hour trading volume exceeding $880 million.
Several factors have contributed to MOODENG’s explosive growth:
If you’re considering entering the memecoin space, MOODENG’s recent surge is a stark reminder of how rapidly these tokens can move. However, the dramatic volatility should not be ignored. A 1,036% gain in a month is rare and often followed by sharp corrections.
For traders, the current momentum could present opportunities for short-term gains, but caution is advised. For long-term holders, it’s essential to evaluate the project’s sustainability and community support beyond the meme culture. As always, not financial advice (NFA) — do your own research and consider the risks before making any decisions.
MOODENG’s rise marks another chapter in Solana’s growing influence in the memecoin market, further proving that internet culture and blockchain can merge to create explosive opportunities.
As expected, the $MOODENG community has been absolutely over the moon with the token’s price 11x in just the previous month or so.
Some community members are calling it just the start and there are even shouts for $1B $MOODENG market cap.
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