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News Explorer — Meme Coin Moo Deng’s Major Price Drop Isnt' Fazing This Large Bag Holder

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Oct 1, 12:39 am
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Meme Coin Moo Deng’s Major Price Drop Isnt' Fazing This Large Bag Holder

Moo Deng, a meme coin inspired by Thailand's pygmy hippo, saw a rapid rise and fall in market capitalization, with one early buyer holding onto $5 million despite the price drop. Liquidity issues in meme coins like Moodeng can lead to significant price swings and market chaos.

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