All it takes is one cute occurrence to go viral, and the degen community quickly comes up with a cryptocurrency to capitalize on it. But when there is an altruistic touch to that meme coin project, it can become a success.
This has been the case with Moo Deng. This meme coin, inspired by the pygmy hippopotamus, quickly took the market by storm and climbed more than 600% since the last week of September.
Will the token be able to maintain the momentum, or will it follow the same path as other meme coins, disappearing as quickly as it surged? Read on to explore Moo Deng’s price potential in this complete guide.
Moo Deng appeared two months after a baby hippopotamus of the same name went viral in July. Since then, the token has climbed steadily on the price charts. We must keep in mind that this rise is driven by virality and not by any solid utility, which forms the basis of our Moo Deng price prediction. Moo Deng’s climb to its all-time high was steady. While the initial reaction to the token was lukewarm, it began seeing a rapid increase in value after the 27th of September. The token quickly became the meme coin for the degen community, as the developers were able to capitalize on Moo Deng’s cuteness to make it go viral. To date, Moo Deng has surged by more than 600%. However, a closer look at the charts shows that the price action has become more volatile, with many investors selling off the token. That said, this has only stabilized the token’s value. However, Moo Deng does not have any utility other than the claims of the token’s fan site that all the profits generated through this token will be sent to the Khao Kheow Zoo. This touch of altruism may allow the MOODENG price to move up a bit more. However, a downtrend may be coming soon. 2025 will mark the year when many in the crypto community anticipate another major bull run to emerge. If that happens, most meme coins that manage to stay relevant will increase in price. Whether or not Moo Deng will be able to capitalize on it will depend on how long it is able to capture people’s imagination. The 24/7 livestream, which allowed Moo Deng (the hippo) to become viral, could play its part in pushing up the value of this token. However, if no use case emerges, people might get bored and look for the next best thing. Another thing to keep in mind is that the current traction by Moo Deng is due to many publications, including the likes of CNN, talking about the project. If the creature continues to gain the attention of this community, it could further move up in price. Provided the Moo Deng is able to consolidate its community and develop a large, dedicated following, 2025 may be the year for the token, pushing its value up by 10x. That would make the MOODENG price reach $2.4. However, if the attention diverts from this project, it could just flatline as other meme coins have done in the past. Moo Deng’s long-term price prediction cannot be made precisely because it has only risen so high due to a viral moment; viral moments don’t persist for long. In order to gain long-term traction in the market, Moo Deng has to create a use case that people might be interested in. So far, the only USP it has is the claim that the money generated through the Moo Deng sale will be allocated to the zoo. That is not enough for people to keep donating. However, suppose Moo Deng developers introduce new use cases, a new merch perhaps like a plushy toy based on the hippo. Or, it could allow investors to buy tickets to the Khao Kheow zoo to engage with the hippo. These two are ideas for use cases that could enhance the token’s chances of being considered a viable long-term investment. But even that isn’t certain because it is uncertain how long the “cute” appeal of the hippo will last. Therefore, the future of this token is uncertain. On July 10th, Moo Deng was born to parents Jonah and Tony. He was among the seven babies birthed by this hippo couple at the Khao Kheow Zoo. Born inside the section equipped with a 24/7 live stream that can be found on YouTube, Moo Deng quickly captured people’s attention. Slimy in look and cute in appearance, it did not take long for this animal to go viral on social media. Over 20,000 people voted on his name via a Facebook poll. They chose Moo Deng, which means “bouncy pig”. Pygmy hippopotamuses have lived for over 50 years. However, only 2,500 exist over the globe, making them an endangered species. As videos, pictures, and memes of this animal started to circulate across social media, with even ESPN donning the image of Moo Deng with different jerseys to promote the WNBA (Woman’s National Basketball Association) finals, a new token emerged of the same name. MOODeng for the WNBA semifinals getting started today🔥 Aces-Liberty | 3:00 PM ET on ABC — ESPN (@espn) September 29, 2024 Moo Deng is a Solana meme coin. It has no utility, and the fan site created for it is very minimalistic, merely calling Moo Deng “Just a Viral Lil Hippo.” This minimalistic touch allowed degen investors to come in, who pumped this token, leading to its 600%+ growth to date. At its peak, Moo Deng, according to top-rated market expert Jacob Bury, made early investors millionaires.Moo Deng Price Prediction – 2024 and Beyond
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What is Moo Deng?
Sun-Lynx | 8:30 PM ET on ESPN pic.twitter.com/W3T1fENykJ
Different Memes of Moo Deng
The virality of Moo Deng didn’t stay within real-life pictures that were slightly edited to make them look more jokish. The meme coin community also noticed it, with its official fan page on Twitter showering its followers with different styles of memes.
One of the latest ones is the following, which shows Moo Deng as a Hippy bursting with feminine pink energy while the tweet says, “Im just a girl.”
im just a girl pic.twitter.com/3b6EMfTxDH
— Moo Deng | Fan Page (@MooDengSOL) September 29, 2024
However, the official fan site that shows Moo Deng took things one step further, creating animated renditions of the animal in different scenarios.
Almost giving the animal an anthropomorphic touch, making it even more life-like, the website gave investors another reason to stand behind the project.
But how far can this meme go in capitalizing on these factors?
Moo Deng Price Prediction 2024
2024 has been a year of the firsts. Bitcoin reached its all-time high for the first time since the terrible crypto winter. Some countries started to warm up to crypto a bit more, and multiple meme coins arrived on the market on different chains and went viral quickly.
The same could be said about Moo Deng. This token’s virality is a mirror-play of the creature’s viral factor. The 24/7 attention that the baby hippo has been getting is being funneled into the Moo Deng price, leading to its increase.
However, the price trends show clear signs of volatility. The token was heavily oversold shortly after its launch. And now, the interest has subsided a little, with the candle chart showing multiple red candles forming.
That said, the bulls are still working to keep the price afloat, as hourly charts show that the Moo Deng price is reaching stability.
The token’s RSI is also trending down and is currently close to 54. It shows that even though the token went viral initially, people have started to step back.
This also indicates that Moo Deng’s price action for the rest of 2024 could be bearish if the downward momentum persists. What adds to our pessimistic view of this token is that no utility has been added other than the claim by developers to donate the token’s earnings to the zoo holding Moo Deng.
However, investors should also keep an eye on the overall market conditions. For instance, Bitcoin recently crossed its $65k resistance before correcting. Now, $64k acts as its key support. The sudden burst of buying frenzy allowed Bitcoin to move up, which also impacted the meme coin economy.
If Bitcoin goes through another surge and people continue to talk about Moo Deng and his family, the Moo Deng price can shoot up again, with our conservative estimate being that the token could get close to the $0.4 level.
Moo Deng Price Prediction – 2025
If Moo Deng has not created any worthwhile use case that could help it consolidate a strong community around it, it is likely that the name Moo Deng will disappear from the meme coin space. It is also possible that the community could get another cute meme to latch on to, and a meme coin based on that could surpass Moo Deng.
However, if Moo Deng continues to persist on the price charts and the community continues to share memes and create an engaging atmosphere, it could consolidate around the current price levels long enough to capitalize on Bitcoin’s 2025 price action.
Many hope 2025 will be another bullish year for Bitcoin, with the world’s biggest cryptocurrency possibly reaching the $100k mark.
This would be a monumental event within the crypto space. Since even a fraction of an increase has a more profound impact on meme coins, Moo Deng may be able to go up by another 10x, surpassing the $2 mark.
More videos and more attention to Moo Deng would also play a major role in this situation. It is also possible that people start to take clips from the 24/7 live cam footage of the pygmy and start making shorts viral on TikTok or other social media platforms.
This could give Moo Deng another chance to go viral, making the Moo Deng token price go higher.
Moo Deng Price Prediction – 2026
Moo Deng does not seem to have enough going for it to hold the community’s attention for the long term, especially when considering how similar tokens have disappeared quickly in the past.
The only way for Moo Deng to hold any relevant standing inside the market over the next two years is if any use case emerges from the ecosystem.
Fortunately, it already has the recipe to do so. The cartoonish memes shared on social media about this creature could be transformed into a set of NFTs. If NFTs manage to gain the community’s attention once again, it is possible for it to grow.
Since the project is so bare-bones as of now, there is nothing holding the community together other than the fans. However, if Moo Deng introduces specific use cases that leverage fan interaction, it could create a foundation for more perks to emerge that could keep its price stable.
But this could be construed as wishful thinking because, from the looks of the project, no plans have been made about this token’s future. There is no talk of a DAO-like structure either.
Factors That Could Influence the Moo Deng Price
Moo Deng has found more relevance as a short-term asset, and therefore, it is mostly fit for day traders. Moving forward, here are the factors that could influence it.
Live Cam Footage – A Flurry of Memes
Moo Deng became viral because of the meme-able moments extracted from the 24/7 live cam footage taken from the zoo. Many more such moments could arrive, and depending on how the community perceives them, any of them could go viral again.
This virality could signal crypto investors to invest in the meme coin.
Altruistic Goals
According to the project’s fan site, 100% of the token’s profits will be dedicated to the Khao Kheow zoo. This could bring more eco-conscious individuals looking to back an eco-friendly project.
As the project gains more relevance, the developers could introduce more use cases or partnerships. Partnerships with major animal conservation organizations could also impact the Moo Deng price.
Current Ecosystem
Moo Deng’s surge, although surprising since it was only a little-known crypto, isn’t unique. Many meme coins have seen a similar level of traction lately, going up by double digits on the weekly charts.
This was due to Bitcoin’s resurgence and its wider impact on the crypto market. It has become clear that Moo Deng wasn’t only able to capture attention through cute memes but also due to the current market conditions that made investing in cheap cryptos more profitable.
More Exchange Listings
Moo Deng has been listed on multiple centralized and decentralized exchanges. These include Raydium, Orga, HTX, Gate.io, KuCoin, Bitget, and MEXC.
If the token goes through another round of exchange listings, it could pump. To list on Binance, however, Moo Deng’s market cap should increase by more than four times to cross the $1 billion threshold.
Due to the minimalistic nature of this project, the factors mentioned above could be the only ones that would influence the Moo Deng price for the time being. More points could be added if Moo Deng surges further and introduces some use cases.
Furthermore, the current price action shows a bit of a slowdown in the community’s interest in this project, which makes it essential for investors to look at alternatives.
Crypto All-Stars – Meme Coin Capitalizing on Multiple Memes
Moo Deng is enjoying its moment of immense virality right now. However, the price trends have started to slow down, indicating that bearish days might be coming. Therefore, investors should keep an eye on alternatives.
Crypto All-Stars is currently among the best ones on the market. Featuring a pixelated apartment housing the stars of the meme coin space, such as Floki, Dogecoin, Shiba Inu, Pepe, Coq Inu, and more, this project aims to bring all the meme coins under one umbrella.
Many “multichain” tokens have attempted this feat. However, Crypto All-Stars doesn’t merely create the appearance of unity; it has a robust utility to back it up.
This utility is known as the MemeVault, a vault (a staking pool) for meme coins only that offer high APY rewards. Major meme coins such as Dogecoin, Pepe, Floki, and more could be staked on the MemeVault for ample rewards.
Those who hold STARS tokens while staking these top meme assets will earn triple the standard APY rewards.
This utility-focused appeal has drawn many to this ecosystem, and the project has raised close to $2 million to date.
YouTubers such as ClayBro have highlighted that this token may offer a 29x opportunity.
Those who want to learn more about this project should visit cryptoallstars.io.
Moo Deng Price Prediction – The Verdict
Moo Deng has successfully leveraged the hippo’s virality to establish itself as a viral meme coin and achieve more than $200 million market capitalization within a very short time. However, its price has started to subside, indicating that early investors may want to take their profits and leave.
However, nothing is certain in the crypto market, and with over 50k members on Twitter, Moo Deng’s community is still relatively strong. That could help it stay on the market long enough to create new use cases to engage the community.
However, since there is no certainty about any use case even arriving, investors are better off looking at other alternatives for this project. The best one we have right now is Crypto All-Stars. Its MemeVault unifies the meme coin communities in a more tangible way, which could help it capitalize on the price action of other meme coins.
FAQs
Who is Moo Deng?
Moo Deng is a pygmy hippopotamus that was born on July 10 in the Khao Kheow Open Zoo. His virality led to the creation of Moo Deng, a meme coin.
Does Moo Deng have any utility?
According to the fan site, 100% of the proceeds generated from the sale of Moo Deng will be donated to the Khao Khoew Zoo. However, no other utility has been mentioned.
Is Moo Deng a good investment?
Moo Deng has performed very bullishly on the price charts, with its market cap crossing the $200 million mark. However, because of the lack of use cases, it may not be considered suitable for investors with a long-term vision.
