MOODENG surges 1,398% in a week, while Memebet Token emerges as a promising alternative.
This week, the Solana meme coin Moo Deng (MOODENG) has taken the spotlight with a staggering 98% increase in the past 24 hours and an even more astonishing 1,398% rise over the last week.
However, while MOODENG enjoys its time at the top, another emerging meme coin, Memebet Token (MEMEBET), is capturing attention with its unique blend of meme coin appeal and gaming utility. As MOODENG solidifies its position, the big question is: Will it maintain its momentum, or will Memebet be the next token to explode?
Moo Deng’s Meteoric Rise
MOODENG, a Solana meme coin, has experienced an extraordinary week. Named after the adorable baby pygmy hippopotamus at Thailand’s Khao Kheow Open Zoo, Moo Deng has rapidly captured the hearts of the crypto community, translating that affection into skyrocketing market value.
Just a week ago, MOODENG was trading at a modest $0.019 per token. Now, it’s reached an all-time high of $0.288 as of September 27, 2024, marking a meteoric 1,398% increase.
With a daily global trading volume of $147 million and a current market capitalisation of $266.7 million, MOODENG has shot up to become the 250th largest cryptocurrency by market cap.
MOODENG’s popularity can be traced back to the global fascination with the baby hippo it was named after. Born in July 2024, Moo Deng became an internet sensation after viral clips of her spread across social media platforms.
The token capitalised on this momentum, quickly rising through the ranks of meme coins. However, like most meme coins, the question remains whether this hype can sustain MOODENG’s growth or whether it will eventually fizzle out once the buzz dies down.
While MOODENG continues to dominate the Solana meme coin scene, the broader meme coin sector is also heating up and one of the most promising new players in this space is Memebet Token (MEMEBET).
Memebet Token: The New Player with GameFi Utility
As MOODENG grabs the attention of Solana traders, Memebet Token (MEMEBET) is quietly making waves in the Ethereum ecosystem. Launched less than two weeks ago, Memebet is quickly becoming a standout project in the meme coin space, thanks to its innovative utility and presale success.
MEMEBET distinguishes itself from traditional meme coins by combining meme coin appeal with GameFi—a sector that merges crypto gaming with decentralised finance (DeFi) mechanics.
Memebet is positioning itself as the first-ever meme coin gaming platform, where users can wager using popular tokens like Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE) and more.
The project’s presale has already raised $300,000, a significant milestone for such a young project. The presale price of MEMEBET currently stands at $0.0255, but this figure is expected to rise as the presale progresses, with the next price increase scheduled in just two days.
The MEMEBET token will serve as the platform’s native currency, enabling users to unlock additional rewards, participate in VIP communities, receive airdrops and access exclusive bonuses.
According to the project’s roadmap, the Memebet gaming platform will launch before the presale ends, giving early investors an opportunity to interact with the platform and earn rewards before the token is listed on major exchanges.
This early access to the product has sparked interest among industry analysts, with some predicting significant gains once MEMEBET goes live. RJ, an analyst from Cryptonews, has forecasted that MEMEBET could 10x its value upon launch, citing its innovative approach and growing community as key drivers of potential growth.
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As the presale continues to gain traction, Memebet is positioning itself as a major player in the meme coin sector. Its unique utility in combining meme coins with GameFi gives it a clear advantage over many other meme coins that rely purely on hype.
With its presale already raising $342,000 and its gaming platform set to launch soon, Memebet has created an ecosystem that rewards early participation while providing a clear path for future growth.
Early investors who secure MEMEBET tokens during the presale could be well-positioned to benefit from its upcoming launch and subsequent exchange listings.
