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Solana Memecoin Soars 108% As Coinbase Adds Crypto Asset To Roadmap

December 2, 2024
in Altcoins
Reading Time: 2 mins read
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Institutions Turned Bullish on Crypto in July with 2022’s Strongest Inflows of $474,000,000: CoinShares
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A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap.

Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement.

The Solana-based memecoin is now up 59% at time of publishing, at $0.5609, with a market cap of $555.8 million.

The announcement from Coinbase means the firm has determined the asset will be available for trading in the near future, although the coin is not yet live on the platform.

Moo Deng launched in mid-September and reached its all-time high of $0.6804 on November 15th.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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