The crypto exchange Coinbase has announced the inclusion of the Solana-based meme coin Moo Deng (MOODENG) in its listing roadmap, sparking a sharp rise in market interest.
Rising Interest in MOODENG
Following Coinbase's update on the potential MOODENG listing, the meme coin surged 70% to the trading point of $0.5877. This indicates growing interest in the cryptocurrency and an increase in investor optimism.
Cryptocurrency Listing History
In October, the Solana-based meme coin was listed on the major crypto exchange Binance. The meme coin is inspired by the viral pygmy hippo Moo Deng.
Current Market Situation
Despite the recent rise, MOODENG is still trading below its all-time high of $0.68, last seen in November. Currently, the coin has dropped 13% in the last 24 hours to $0.5402, with a trading volume spike of 79.62% reaching $1.02 billion, and the market cap declining to $536.38 million.
Despite significant fluctuations, interest in MOODENG continues to grow, particularly after the potential listing on Coinbase. Analysts expect further price increases.
