A cryptocurrency trader has turned $800 into over $3.5 million by investing in the meme-inspired cryptocurrency Moo Deng. The trader purchased MOO DENG tokens at a gain of over 437,000% and has not yet sold any of their assets. MOO DENG has seen a significant increase in value, trading at $0.114 per token, with a 230% increase over the past week. The cryptocurrency is based on a baby hippo from a zoo in Thailand, and the project's team plans to donate trading fees to the zoo. Other traders have also made significant profits from meme coins, but there have also been losses. Overall, meme coins are highly speculative and volatile.



Other News from Today