- MOODENG price spiked 66% after Coinbase introduced itemizing of the meme coin.
- Coinbase is a number one US-based crypto alternate.
- Features for Moo Deng come as most tokens eye new momentum.
Moo Deng, a meme coin on Solana that went viral amid the worldwide consideration on child hippo in Thailand, has seen its price skyrocket amid a serious announcement from Coinbase.
On Monday, Dec. 2, cypto alternate Coinbase introduced that it had added Moo Deng (MOODENG) on on its itemizing roadmap. The price of MOODENG jumped a large 66% because the neighborhood reacted to the itemizing information.
On the time of writing, Moo Deng price hovered round $0.5993, going vertical from round $0.29. Coinbase’s itemizing information contributed to this upside, with the meme coin hitting profitable methods to steer the highest 100 cash by market cap.
The features see MOODENG recapture ranges seen round Nov. 18, stemming the draw back that adopted the spike to the all-time excessive of $0.6804. Present costs for the meme coin imply its simply 12% from the height hit on November 15, 2024.
Previously month, meme cash slowed as Bitcoin rose in the direction of the $100k stage. The surge for XRP prior to now week additionally relegated prime meme cash to spectators of the main rally. Nonetheless, analysts are upbeat concerning the total market, with meme cash within the combine for a possible supercycle.
Binance listed MOODENG futures in October, with the token additionally spiking because the market reacted positively.