{"id":581511,"date":"2024-09-30T13:27:23","date_gmt":"2024-09-30T13:27:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=581511"},"modified":"2024-09-30T13:27:23","modified_gmt":"2024-09-30T13:27:23","slug":"moo-deng-price-prediction","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/moo-deng-price-prediction","title":{"rendered":"Moo Deng Price Prediction – MOODENG Price Potential in 2024"},"content":{"rendered":"

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

\n

Moo Deng Price Prediction – 2024 and Beyond<\/strong><\/h2>\n

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.<\/p>\n

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.<\/p>\n

2024<\/strong><\/h3>\n

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.<\/p>\n

\"Moo<\/p>\n

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%.<\/p>\n

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,<\/p>\n

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.<\/p>\n

This touch of altruism may allow the MOODENG price to move up a bit more. However, a downtrend may be coming soon.<\/p>\n

2025<\/strong><\/h3>\n

2025 will mark the year when many in the crypto community anticipate another major bull run to emerge. If that happens, most meme coins<\/a> that manage to stay relevant will increase in price.<\/p>\n

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.<\/p>\n

Another thing to keep in mind is that the current traction by Moo Deng is due to many publications, including the likes of CNN<\/a>, talking about the project. If the creature continues to gain the attention of this community, it could further move up in price.<\/p>\n

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.<\/p>\n

However, if the attention diverts from this project, it could just flatline as other meme coins have done in the past.<\/p>\n

2026<\/strong><\/h3>\n

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.<\/p>\n

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.<\/p>\n

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<\/a>.<\/p>\n

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.<\/p>\n<\/div><\/div>\n

Buy MOODENG<\/strong><\/span><\/a>\n<\/p>

What is Moo Deng?<\/strong><\/h2>\n

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.<\/p>\n

\"Moo<\/p>\n

Born inside the section equipped with a 24\/7 live stream that can be found on YouTube, Moo Deng quickly captured people’s attention.<\/p>\n

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”.<\/p>\n

Pygmy hippopotamuses have lived for over 50 years. However, only 2,500 exist over the globe, making them an endangered species.<\/p>\n

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.<\/p>\n

\n

MOODeng for the WNBA semifinals getting started today🔥<\/p>\n

Aces-Liberty | 3:00 PM ET on ABC
Sun-Lynx | 8:30 PM ET on ESPN pic.twitter.com\/W3T1fENykJ<\/a><\/p>\n

— ESPN (@espn) September 29, 2024<\/a><\/p><\/blockquote>\n