Ethereum co-founder Vitalik Buterin adopted Moo Deng, which led to the price of the MOODENG meme coin rising over 70%.
Moo Deng got a new foster parent—Vitalik Buterin—as Khao Kheow Open Zoo announced on Thursday.
Thanks for the warm welcome to the family and your work for wild animals!
I'm happy to be adoptive father to Moo Deng as she grows up over the next 2y and support her with my 10M THB donation, maybe more as I set aside 88 ETH for🦛+ frens. May they live long and prosper🖖🏻 pic.twitter.com/l24vPybhTi
— vitalik.eth (@VitalikButerin) December 26, 2024
MOODENG meme coin price on Ethereum, the second-largest blockchain network, skyrocketed
by nearly 70% in just an hour, followed by a surge of 275% in trading volume.
Vitalik Buterin adopted Moo Deng, a pygmy hippopotamus, and donated 10 Million THB to Thailand’s Khao Kheow Open Zoo, the zoo announced on their official X account.
The Ethereum co-founder joined the Wildlife Sponsorship Program, resulting in the surge in the MOODENG meme coin price.
The donation will be made in two installments, according to Vitalik’s statement. The first installment will be completed today, December 26, with the remaining 500,000 THB expected to be made within a year.
MOO DENG (moodeng.vip) reached a market cap of $92.63M, reflecting a 78.60% increase, according to CoinMarketCap data.
However, investors looking for diversification opportunities might consider other animal-themed meme coins that are performing well. Among those are bird-themed Flockerz (FLOCK), frog-themed Wall Street Pepe (WEPE) and CatSlap (SLAP).
Flockerz has a market cap of $664.07K, indicating steady growth in its value, while CatSlap surged 2766% from its all-time low.