- Solana-based meme coin MOODENG has surged 612% in a week, reclaiming market attention with a $1.2 billion daily trading volume and a market cap of $263.8 million.
- Boosted by viral hype, smart money inflows, and a recent Binance Alpha listing, MOODENG now leads the crypto market’s top gainers.
Moo Deng (MOODENG), a Solana-based meme coin inspired by a baby pygmy hippo, has become the breakout star of the latest crypto market rally. With a staggering 612.3% price increase over the past week and over $1.2 billion in daily trading volume, MOODENG is now outperforming over 1,000 cryptocurrencies, reclaiming the spotlight it once held during its early 2024 debut.
Solana’s native token has not been left far behind, Notably, the token has recorded a noble 20.25% surge in the past week while trading at $175.78.
Initially launched in September 2024, MOODENG capitalized on its quirky mascot and viral appeal, quickly pushing its market capitalization past $100 million within weeks. However, following a peak in November, the token entered a prolonged downtrend, bottoming out at a $20 million market cap by April 2025.
Now, MOODENG appears to be making a dramatic comeback. Over just the past 24 hours, the token surged 92.39% pushing its market price to $0.2600, its highest level in over four months. The rally has once again driven MOODENG’s market capitalization beyond the $100 million mark, currently sitting at $257.47M.
This explosive growth in both price and market activity has propelled MOODENG to the top of CoinGecko’s trending and top gainer charts. The trading frenzy has been particularly intense, with daily volume up 325.8% to $1.2 billion. U.S. interest has been a significant factor, with Coinbase contributing to 27% of this trading volume.
On-chain data from Solscan reinforces the picture of rapidly accelerating investor interest. Buy volume on decentralized exchanges has spiked by a jaw-dropping 8,201% week-over-week, jumping from $179,490 to $14.9 million. The surge has also attracted “smart money.” Blockchain analytics firm StalkHQ reported that strategic investors injected $194,000 into MOODENG on May 10 alone.
Further insights from HolderScan revealed that 165 new wallets now hold 25% of MOODENG’s total supply, with these holders sitting on a cumulative unrealized profit of $25.3 million. This points to concentrated interest from high-conviction investors betting on continued upside.
The meme coin’s resurgence has been further catalyzed by its recent listing on Binance Alpha, which significantly broadened its exposure to retail traders. Accompanying the financial momentum is growing cultural buzz, Google Trends shows search interest for “MOODENG” reached a perfect score of 100, indicating peak online curiosity and suggesting a fresh wave of viral engagement.
With its rapid rebound and renewed investor enthusiasm, MOODENG is once again proving that meme coins can pack serious market momentum — especially when backed by a mix of internet culture, strategic capital, and high-volume trading activity.