- A Solana investor’s $815 investment in MOODENG meme coins soared to $9.4 million within just 17 days, yielding massive returns.
- MOODENG’s fully diluted valuation reached $312.3 million, with increased liquidity and investor engagement driving its rapid rise.
- 3. The liquidity pool for MOODENG now holds $3.8 million, reflecting the coin’s growing popularity and strong market participation.
A Solana investor has turned a modest $815 investment into a staggering $9.4 million within just 17 days, thanks to MOODENG, a meme coin inspired by a viral Thai celebrity hippopotamus. The extraordinary return reflects the volatile yet highly lucrative world of meme coins, particularly for early adopters.
$815 MOODENG Investment Soars to $9.4M
The investor purchased 30.1 million MOODENG tokens for 6 Solana (SOL), valued at approximately $815 at the time of purchase. Within just 17 days, the value of these tokens soared to an impressive $9.4 million. This unprecedented gain of 11,534 times the original investment was reported by Wu Blockchain, cementing MOODENG’s place as one of the most profitable meme coin trades in recent history.
The MOODENG token, which is built on the Solana blockchain, has gained massive attention due to its association with a viral Thai internet sensation hippopotamus. As investor interest surged, the token’s value increased dramatically.
MOODENG Market Valuation Hits $312.3M
In addition to individual profits, MOODENG’s fully diluted valuation reached $312.3 million. This surge in value was driven by a combination of investor enthusiasm and growing liquidity. Market data for the MOODENG/SOL trading pair on the Raydium decentralized exchange showed the token’s price fluctuating between $0.3021 and $0.3330, with the latest price recorded at $0.3162, reflecting a 4.67% increase.
According to data from LookOnChain, the trading volume for MOODENG within a recent period was 2.353 million tokens. The steady increase in price starting around the 17th indicates growing market interest and engagement with the coin.
Liquidity and Investor Engagement
The liquidity pool for MOODENG now holds $3.8 million, demonstrating strong investor engagement and confidence in the coin’s potential. Moreover, MOODENG’s market capitalization reflects the substantial attention it has received from both individual traders and the wider cryptocurrency community.
The popularity of MOODENG highlights the growing trend of meme coins achieving rapid gains in the market. Although their value can fluctuate unpredictably, early adopters and investors have profited significantly, as evidenced by the $9.4 million profit made from this particular investment.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
