A baby pygmy hippo named Moo Deng has gained internet fame, resulting in the creation of a Solana-based memecoin that has surpassed a $100 million market cap. The memecoin has attracted the attention of corporations, including Dreamworks and UFC, who are creating memes based on the hippo. The Solana token reached this milestone, becoming one of the few to achieve such a level recently. Moo Deng, born in a Thai zoo, has captured the hearts of many online, leading to the success of the memecoin. One trader even turned $1,331 into $3.4 million through investing in the memecoin. The token has garnered a large holder count and significant trading volume. Despite being a Thai-themed token, it appeals to a global audience rather than being limited to Thais. The zoo is working on copyrighting and trademarking Moo Deng for fundraising purposes. Overall, the memecoin's success is attributed to its cute and interesting theme, making it an engaging and appealing memecoin.



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