Moo Deng meme coin worth rally is an sudden event inside the present market, as a result of the sample of meme-themed cryptos is on the decline. In the previous few months, the crypto merchants’ sentiments have been in full turmoil, resulting in a crypto market crash and altering traits. Nonetheless, as the emotions reemerge, many digital belongings, along with MOODENG, are booming with good factors. Let’s speak about.
3 Causes Why Moo Deng Price is Hovering
In its launch days, Moo Deng worth witnessed a big uptrend, hitting an ATH at $0.6911. Nonetheless, like each meme-themed cryptocurrency, it crashed as a result of the hype declined, nonetheless that’s altering. Throughout the remaining seven days, this trending Solana meme coin surged 573% and 110% presently, shopping for and promoting at $0.2730.
1. Binance Alpha Itemizing
Moo Deng meme coin worth surged larger than 500% beneath the have an effect on of the Binance Alpha itemizing. On Would possibly 11, Binance launched the itemizing of the MOODENG and one different Solana meme coin, GOAT, and every witnessed extreme demand, resulting in worth rallies.
A model new batch of Binance Alpha Initiatives added presently! Uncover the latest tokens spotlighted in #Binance Markets.
$MOODENG$GOAT
Navigate to the [Markets] – [Alpha] tab to commerce.
Know Further ⬇️
— Binance (@binance) May 11, 2025
2. Broader Crypto Market Restoration Amid US-China Commerce Deal
The broader crypto market has witnessed a serious uptrend in the previous few days. Even the investor sentiments have turned to greed for the first time in weeks, as a result of the geopolitical info identical to the US-UK commerce deal and ongoing US-China commerce talks fueled merchants’ optimism.
3. Extreme Shopping for and promoting Amount and OI Driving the MOODENG Meme Coin Price Rally
Amid these key events, the shopping for and promoting amount of MOODENG meme coin has surged 360% to $1.12 billion presently. Furthermore, the open curiosity has hit $289.70M after a 120% enhance per Coinglass info, signaling bullish momentum.
With the price rally, the expectations are larger for the upcoming good factors.
Moo Deng Price Prediction: What’s Coming Subsequent?
The Bitcoin worth rally and the US-China commerce deal announcement are rising merchants’ expectations for MOODENG’s effectivity. There are moreover rumors that Binance is itemizing the meme coin on the spot market.
Due to this, the merchants’ curiosity is extreme. Specialists like Solberg Make investments’s Moo Deng’s worth prediction moreover hint at an additional rally till merchants’ overbuying ends in a pullback. He claims that MOODENG may be very bullish with the potential to hit $0.34. Nonetheless, he moreover added {{that a}} pullback might be healthful.
One different crypto analyst, Julius Elum, predicts a 100% rally from the current diploma. Nonetheless, the uncertainty looms as many macroeconomic events are set to occur this week, which could impact the price.
Steadily Requested Questions (FAQs)
MOODENG at current trades at $0.2730 with a market capitalization of $270.2 million and a shopping for and promoting amount of $1.12 billion.
The Moo Deng meme coin’s ATH is 60% away from the current worth. Although specialists anticipate an additional rally, the potential of a pullback reduces the chances of an entire restoration.
Binance has not too way back listed Moo Deng on Alpha duties, and there are rumors of the spot market itemizing. Nonetheless, there’s no official announcement however.
Disclaimer: The supplied content material materials might embrace the non-public opinion of the creator and is matter to market state of affairs. Do your market evaluation sooner than investing in cryptocurrencies. The creator or the publication doesn’t preserve any accountability to your non-public financial loss.