Moo Deng Meme Coin: $265M Market Cap, Global Sensation

Moo Deng, a baby pygmy hippo from Thailand, has quickly become a global sensation, inspiring a viral memecoin that has skyrocketed in value. The memecoin, launched on the Solana blockchain, has seen investors turn small amounts into millions within weeks, with one trader reportedly turning $1,300 into over $12 million. Moo Deng's fame began with viral social media posts showcasing her playful antics, leading to international attention and long queues of visitors at the Khao Kheow Open Zoo. Her popularity has also influenced beauty trends, with makeup tutorials inspired by her rosy cheeks and dewy skin. The zoo has started trademarking Moo Deng to prevent unauthorized commercialization and to fund animal welfare activities. Despite the financial success, some crypto purists criticize these meme coins for diverting attention from projects with real utility.