NEW YORK, Sept 29 — Given the popularity of baby pygmy hippo, Moo Deng at Thailand’s Khao Kheow Open Zoo a zoo in Thailand — it was only a matter of time before she would have dedicated cryptocurrency.
And given that memecoins, which have zero underlying value and trade purely on vibes and hype, it’s no surprise Moo Deng Coin has shot up 1,400% since it was created less than three weeks ago, reported CNN.
On September 10, an anonymous trader whose Solana wallet address starts with “Db3P” bought 6 SOL worth of a new meme coin called Moo Deng.
That US$800 (RM3,300) investment, made four hours after the token was launched, was worth around US$7.5 million (RM30.9 million) worth of the pygmy hippo tokens on Friday, according to blockchain data.
That’s up from US$3.5 million (RM14.4 million) early Thursday, when Arkham Intelligence last rang the bell about the trader’s incredible gains.
Decrypt examined blockchain data on Friday,…
