MOO DENG, the meme-inspired cryptocurrency, has seen a 62% rise in the last 24 hours, reaching a price of $0.0002111. This surge comes after a generous donation by Ethereum co-founder Vitalik Buterin.
Vitalik Buterin's Donation
Vitalik Buterin's 10 million Baht donation is aimed at supporting wildlife conservation efforts and creating a new home for Moo Deng, the pygmy hippopotamus that inspired the token. This has led to a spike in market interest for MOO DENG.
MOO DENG's Market Surge
MOO DENG's 24-hour trading volume exceeded $13.75 million. According to CoinmarketCap, the cryptocurrency reached a market cap of $86.24 and a circulating supply of approximately 41 billion MOODENG coins, gaining significant attention in the crypto market.
MOO DENG's Community Role
MOO DENG has strong community support, partly due to Moo Deng's popularity on the internet. Positive news about Vitalik Buterin's donation has enhanced interest in the token, highlighting the potential of charitable initiatives in the crypto industry.
MOO DENG's recent performance underscores the impact of positive news on market trends in the crypto space and demonstrates growing investor interest in such ventures.