A Solana-based cryptocurrency called Moo Deng (MOODENG) experienced a surge in price after Binance Futures announced plans to introduce a MOODENGUSDT Perpetual Contract with leverage of up to 75x. MOODENG's price increased by 85% shortly after the announcement, and it currently trades at $0.16. The cryptocurrency has outperformed meme coin Dogecoin, and its trading volume has risen by 181% in the past 24 hours, reaching $195 million. This is an ongoing story.



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