Solana-based meme token Moo Deng (MOODENG) saw an 80% surge in price within an hour of Coinbase announcing that it plans to list the token. The token is currently priced at about $0.57, showing a jump of almost 54% in a 24-hour period. Although it is still below its all-time high of $0.68, it only needs a 16% increase to surpass that level. Meme coins and tokens have been on the rise alongside the increasing price of Bitcoin. However, liquidity remains an issue in the space, making it difficult for investors to cash out their gains immediately.
- Content Editor ( decrypt.co )
- 2024-12-02
? Solana Meme Coin Moo Deng Rockets 80% in an Hour After Coinbase Listing Plans