Moo Deng (MOODENG) Soars 900% as Solana Memecoin Frenzy Pushes Market Cap Past $265M

A baby hippo from a Thai zoo has unintentionally sparked one of the hottest crypto stories. Moo Deng (MOODENG), a Solana-based memecoin, has erupted into the spotlight rallying over 900% in the last month and reshaping the Solana meme token leaderboard.

At the time of writing, Moo Deng is trading at $0.2680, posting an incredible 68.38% gain in the last 24 hours alone, with a $1.14 billion daily trading volume. Its market cap now sits at $265 million, placing it at #186 among all cryptocurrencies, a massive feat for a token that started as an inside joke about a baby hippo.

Solana’s Meme Season in Full Swing

Moo Deng’s rise isn’t happening in a vacuum. The memecoin is riding the wave of a broader memecoin explosion across Solana, which reignited after SOL retested the $170 level. The bullish momentum has spilled into meme markets, igniting high-volume, high-volatility surges across numerous tokens, but few as dramatic as Moo Deng.

In the last seven days alone, MOODENG has surged 579%, making it one of the top-performing assets in the Solana ecosystem. The meme token’s success also coincides with a broader crypto market surge. With Bitcoin blasting past $103,000 and the total crypto market cap climbing to $3.36 trillion, investors are once again embracing risk and memes.

From Zoo Meme to Market Sensation

What started as a playful tribute to a baby hippo at a Thai zoo has morphed into a full-blown crypto phenomenon. Moo Deng’s branding and viral appeal have resonated with memecoin traders, turning it from an obscure alt into one of Solana’s most-watched tokens.

Unlike many quick-flip memecoins, Moo Deng’s continued momentum suggests it’s more than just a flash in the pan. Its surging liquidity and rising community support could be a sign that the baby hippo might be stomping its way into more serious market territory.