Moo Deng (Moodeng), a coin based in Solana inspired by the viral pygmy baby in Thailand, has witnessed a significant price wave of more than 39%.
The increase came after Upbit, the largest cryptocurrency exchange in South Korea, announced that it would list the memes piece.
Upbit announces the Moodeng list
According to Upbit’s official announcement, Moodeng Trading will start on July 3 at 5:00 p.m. Korean standard time (KST). The same corner will be available to negotiate against three pairs: Korea has won (KRW), Bitcoin (BTC) and Tether (USDT). The contract address is Ed5nyyWePPPPPIMPIMP8VYM7SD7TD3LAT3Q3GRTHZPJBY.
“Please make sure you check the network before depositing digital assets. Deposits and withdrawals via networks other than that specified will not be supported. Once the deposit / withdrawal service, if a sufficient level of liquidity is not secure, the start time of the commercial support can be delayed,” said the ad.
This registration announcement propelled the token from about $ 0.166 to $ 0.231 in a few minutes, marking an increase of more than 39%. The price experienced a slight correction thereafter.
However, the peak contributed to a global assessment of 50.7% during the last day. This increase has made Moodeng one of the best daily winners of Coingecko.
Meanwhile, the market capitalization of the part has increased sharply, from around $ 165 million to more than $ 200 million. The news also sparked substantial activity, as evidenced by the increase in volume.
According to Coingecko data, the same corner trading volume has climbed $ 370.6 million in the last 24 hours, marking a remarkable increase of 608.6% compared to the day before.
Previously, Moodeng saw a three -digit rally in May, fueled by the list of Alpha Binance and the support of the Robumination. However, the coin tends to descend from the end of May until a positive momentum resurfaces in July, more amplified by the announcement of Upbit.
Upbit dominates the majority of the volume of crypto exchanges on the active cryptography market in South Korea, where more than 16 million people exchange digital assets. Thus, the latest addition Moodeng improves visibility and liquidity, aroused significant interest in the medal. In fact, Moodeng has become the most trendy room on Coingecko.
Google Trends The data has also shown that the interest in the search for “Moodeng Coin” culminated at 100 earlier during the day. This shows a strong public interest for the token.
The post Moodeng Coin increases by 39% while the Upbit list triggers a massive trading frenzy appeared first on Beincrypto.
