$103,761.00
0.06%$2,360.28
2.49%$2.38
1.78%$662.74
4.81%$171.65
3.97%$0.999983
-0.00%$0.223134
8.45%$0.792996
0.98%$0.262615
2.64%$2,359.80
2.55%$103,693.00
0.11%$3.97
-0.71%$16.26
2.02%$23.97
5.08%$2,833.53
2.80%$0.00001583
7.39%$0.300774
1.22%$0.206553
3.89%$25.21
1.51%$3.35
2.42%$419.83
-0.72%$8.68
-2.11%$1.00
0.01%$103.47
6.48%$5.05
10.15%$2,362.59
2.67%$314.10
4.30%$2,521.23
2.75%$4.74
4.89%$0.00001306
11.74%$0.737527
-4.24%$0.9999
0.04%$103,804.00
0.11%$1.00
-0.03%$30.38
-0.17%$6.49
0.84%$444.77
0.10%$2.96
3.64%$5.74
1.35%$55.05
3.08%$215.64
2.19%$1.024
0.78%$1.051
0.01%$5.52
3.24%$19.37
2.42%$0.102007
2.12%$1.00
0.00%$14.32
2.88%$0.10519
2.61%$22.27
2.78%$33.51
1.76%$5.07
3.35%$0.03060947
4.24%$0.773866
-0.08%$0.258655
1.83%$4.96
5.97%$0.849299
6.08%$0.371689
-3.21%$1.001
-0.08%$104,370.00
0.74%$3.05
1.67%$0.23583
2.12%$1.17
-0.01%$3.20
15.90%$0.591551
-0.81%$4.36
0.03%$0.387431
3.44%$0.00002239
9.08%$1.19
6.21%$4.52
1.92%$0.543761
5.92%$1.028
5.06%$0.997523
-0.26%$0.971065
13.66%$1,751.84
0.19%$2,358.72
2.44%$1.39
5.11%$180.07
3.72%$11.19
0.63%$94.99
-0.33%$2,459.32
2.55%$0.02036598
2.18%$0.252342
6.47%$1.28
0.33%$0.771217
4.94%$1.94
-9.10%$0.673517
3.55%$0.077643
2.46%$4.45
-5.24%$12.16
4.44%$103,540.00
0.07%$0.117746
10.88%$2,677.58
2.79%$1.002
0.19%$0.771127
-1.01%$0.00010571
9.83%$663.46
4.88%$1.048
3.36%$0.942193
8.26%$1.00
0.03%$221.47
3.97%$0.01874732
0.14%$1.00
0.08%$0.01994567
5.29%$0.01405441
-8.96%$2,512.27
2.44%$189.81
4.01%$0.868808
22.06%$2.93
2.20%$103,794.00
-0.29%$0.342434
4.88%$42.10
2.99%$0.832597
2.90%$3,331.97
0.12%$0.081568
0.55%$103,231.00
-1.54%$0.00000081
5.14%$2.47
6.68%$13.85
-6.44%$103,045.00
0.59%$3,334.83
0.17%$1.00
0.01%$0.247889
4.10%$0.609242
-3.28%$2,471.99
2.46%$22.48
-1.35%$4.06
0.99%$0.12265
1.09%$0.754606
7.87%$0.443749
4.81%$0.189422
18.77%$42.75
0.94%$0.643595
5.77%$0.358993
5.42%$2.04
3.42%$2,468.21
2.32%$0.998077
0.02%$3.95
4.71%$0.999313
0.05%$0.0182601
-2.61%$0.010569
1.80%$0.740021
-4.12%$1.11
0.37%$0.223426
8.68%$0.476109
3.94%$1.59
10.26%$0.00597597
-1.16%$111.00
0.02%$0.699538
5.08%$0.499757
3.54%$0.173867
6.87%$19.11
-1.21%$8.24
-0.63%$0.540568
5.97%$0.654508
7.41%$103,743.00
0.01%$2,361.80
2.50%$2,362.77
2.73%$2,510.67
2.58%$0.19844
-1.67%$0.998699
-0.24%$0.00002477
4.66%$4.11
-0.84%$0.999998
0.00%$103,316.00
0.63%$2,414.36
4.72%$6.79
6.15%$0.190024
6.84%$2.93
4.64%$0.09353
6.91%$0.00895294
2.09%$0.065823
-2.38%$100,779.00
-0.46%$1.68
1.97%$0.100658
5.37%$0.999998
0.00%$0.04701671
3.35%$1.79
-2.25%$0.00000045
2.53%$0.00000109
2.24%$0.163352
5.25%$2,359.84
2.19%$0.258372
1.68%$0.00604136
-3.82%$0.636528
0.05%$46.12
2.81%$1.096
0.90%$1.004
-1.04%$1.54
-0.86%$0.00391109
16.81%$0.411939
-0.28%$0.853624
1.45%$0.347926
-3.37%$0.190661
8.89%$0.00007007
6.94%$0.00446458
2.41%$0.03779136
2.20%$0.383926
2.64%$0.01920809
2.65%$0.365126
25.94%$0.999812
-0.14%$32.96
-1.13%$0.86631
2.29%$2,364.19
2.46%$0.356151
1.04%$21.50
-0.71%$1.00
-0.02%$104,294.00
0.42%$1.43
0.37%$132.92
3.10%$1.24
0.91%$2,501.99
2.82%$4.14
5.13%$0.748598
2.13%$3.02
3.59%$0.00
30.34%$0.27043
6.43%$25.14
0.67%$103,658.00
0.12%$23.92
4.78%$0.0000016
6.31%$1.00
0.07%$0.0036099
6.04%$2,592.31
2.64%$1.00
-0.02%$0.228038
0.78%$0.545373
2.63%$1.00
0.01%$2,574.15
2.36%$18.35
5.41%$0.03569502
0.76%$1.10
0.04%$2,357.27
2.52%$24.17
1.93%$0.590704
3.56%$2,545.23
2.69%$0.28817
1.20%$0.00277471
9.23%$25.14
0.74%$0.999768
-0.01%$0.121732
9.49%$2,357.29
2.52%$0.04061376
4.74%$3.43
-4.65%$2,360.35
3.08%$0.821872
3.41%$3,327.04
0.00%$0.01433819
4.02%Reading
A popular meme coin that surged to prominence in late September—making some investors millions in the process—had spent the last few weeks in an apparent death spiral as traders moved on to other coins. But now it's up 200% on the day after top crypto exchange Binance took notice.
The Solana-based Moo Deng (MOODENG) has tripled in price over the last 24 hours, per data from CoinGecko, rising to a current price of about $0.23 after hovering below the $0.08 mark in recent days.
The spike commenced immediately after Binance, the world's biggest crypto exchange, announced it was listing the token for futures traders. The listing allows traders to buy contracts that bet on the future price of Moo Deng, a token inspired by a baby pygmy hippopotamus that went viral on the internet last month.
#Binance Futures will launch the USDⓈ-Margined $MOODENG Perpetual Contract at
🗓️ Oct 25 2024, 10:00 (UTC)
Read more 👉 https://t.co/FRuu1q8ZNA pic.twitter.com/Z9XLOaGwS2
— Binance Futures (@BinanceFutures) October 25, 2024
Moo Deng peaked at a September 28 high above $0.33, when Moo-mania was gripping crypto degen traders. But it started losing steam soon thereafter as traders flocked to other rising coins (like GOAT), and was down 78% from its peak price as of Thursday.
Now, Moo Deng is only about 30% below its all-time high price.
Meme coins and tokens are highly volatile cryptocurrencies based on internet jokes, memes, public figures, and more. They can shoot up in value very quickly, but just as rapidly disappear—only to be replaced by the next craze.
Moo Deng (Moodeng), the latest meme coin sensation based on Thailand’s pygmy hippo star of the same name, has begun its rapid descent. Yet, big-time token holders are still hoping for a rebound. After reaching a market capitalization peak of $322.7 million on Sept. 28, Moodeng has fallen 50% to $0.18 in just three days, clocking a 26% drop in the last 24 hours alone. One early buyer, known by his wallet address as “Trader Db3P,” bought $800 worth of Moodeng on Sept. 10—the day it launched. A lit...
Crypto traders often want to get a hold of the hottest meme coins early because of their quick price gains, and those who play the market right stand to potentially cash in huge on a winner. One early buyer of Moo Deng turned an $800 investment into $7.5 million as of late September, but it would have been worth significantly less of late if they didn't sell anything.
But there's one key issue for meme coin whales who want to pull out: liquidity.
It can be very hard to cash out of the investments, because other traders keep an eye on big holders' wallets. When they start moving the coins or tokens to sell, others can follow suit, leading to a market crash—since nobody wants to be left holding a worthless bag.
Edited by Andrew Hayward
For the past two years, Ethereum's price has lagged behind Bitcoin. But over the past two days, ETH has been outpacing BTC and other major coins, with three analysts whom Decrypt contacted attributing its huge gains to a flawlessly executed technical upgrade and a few hopeful signs about the global economy. The analysts believe that Ethereum may have significant upside after languishing in the doldrums amid concerns about its underlying network's speed and efficiency. "The market is poised to re...
Leading tokens from last cycle’s viral meme coin phenomenon are skyrocketing in value this week as Bitcoin reclaimed $100,000, Ethereum marked double-digit percentage gains, and Solana hit a two-month high. Solana-based tokens Moo Deng (MOODENG) and Peanut the Squirrel (PNUT) lead the category, jumping 143% and 55% respectively in the last 24 hours on more than $900 million in respective trading volume, according to CoinGecko. The pair, which became notable enough to earn listings from major ce...
America's biggest crypto exchange today went live with 24-7 Bitcoin and Ethereum futures trading. Coinbase said Friday that U.S. traders will be able to trade crypto futures around the clock and with leverage. The exchange first announced the service in March, "in response to strong demand from crypto-native traders," the firm said at the time. 24/7 trading for futures is here in the US. Trade Bitcoin and Ethereum futures on your time — any hour, any day. The market doesn’t sleep, and now, ne...
