Ethereum co-founder Vitalik Buterin made a generous donation to the Khao Kheow Zoo in Thailand, resulting in a significant rise in Moo Deng memecoin value.
Generous Support from Vitalik Buterin
Vitalik Buterin donated 10 million Thai Baht to the Khao Kheow Zoo to support the pygmy hippopotamus Moo Deng and its family. Buterin also joined the Wildlife Sponsorship Program, committing to care for Moo Deng over the next 2 years.
Moo Deng Surges Following the News
Following the donation announcement, Moo Deng token price surged over 70%. Trading volume also increased by 380%, reflecting substantial market interest.
Future Outlook for Moo Deng
Despite the current rise, experts warn of a possible price correction for Moo Deng once the initial wave of interest fades. Future growth may rely on new significant news or a broader crypto market uptrend.
Vitalik Buterin's actions significantly affected Moo Deng's price, but further growth will require additional factors.