Ethereum co-founder Vitalik Buterin made a significant donation to Khao Kheow Zoo by becoming the guardian of a baby hippo named Moo Deng. This event has led to a surge in the value of the MOODENG meme token.
Buterin Makes a Major Donation
On December 25, the Khao Kheow Open Zoo announced that Vitalik Buterin accepted the offer to be Moo Deng’s guardian, donating 10 million Thai Baht to the zoo. Buterin's support aims to assist not only the zoo but also animal conservation efforts.
MOODENG Token Experiences Rapid Growth
Buterin’s donation led to a substantial increase in the MOODENG token's value, rising by 70% within 24 hours, although it subsequently lost some gains. Currently, MOODENG trades at approximately 0.0001942 dollars, with a 275% increase in trading volume observed.
Impact on Cryptocurrency Market
Buterin’s support for MOODENG has drawn more attention to charitable meme coins in the cryptocurrency market. Additionally, listings of the token on major exchanges like Coinbase have further supported this rise. The impact of donations on token values in the cryptocurrency world has become increasingly evident.
Vitalik Buterin's generosity supports the zoo and conservation efforts, while also boosting interest in charitable meme tokens in the cryptocurrency market.