Viral Baby Hippo Moodeng Prints Another Meme Coin Millionaire: Trader Turns $1,331 Into $9.5M In 16 Days
Portfolio Pulse from Murtuza Merchant
A trader turned a $1,331 investment into $9.5 million in 16 days by investing in MOODENG, a Solana-based meme coin. MOODENG's market cap peaked at $339 million before dropping to $205 million. The rise of MOODENG is part of a broader meme coin resurgence, with Dogecoin and Shiba Inu also seeing gains.
September 30, 2024 | 1:12 pm
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POSITIVE IMPACT
MOODENG, a Solana-based token, has seen a significant rise in value, contributing to the broader meme coin resurgence. This could positively impact Solana's ecosystem and its market perception.
MOODENG's success as a Solana-based token highlights the potential of Solana's blockchain for meme coins, which could attract more projects and investors to the Solana ecosystem.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70