Explore the rise of MooDeng (MOODENG), a Solana-based meme coin that skyrocketed recently after its listing on Upbit, South Korea’s leading cryptocurrency exchange. With KRW, BTC, and USDT trading pairs, MOODENG surged 70% in price and 600% in trading volume, elevating its market capitalization to $177 million. Inspired by a charming pygmy hippo from Thailand’s Khao Kheow Zoo, this article dives into MOODENG’s market performance, price trends, technical analysis, whale activity, and trading opportunities on Phemex, offering insights for traders navigating this viral altcoin’s potential.
Summary Box (Fast Facts)
What Is MooDeng (MOODENG)?
MooDeng (MOODENG) is a Solana-based meme coin launched in 2024, inspired by a lovable pygmy hippopotamus at Thailand’s Khao Kheow Zoo. Famed for its playful branding and dynamic community, MOODENG has rapidly become a standout meme coin, attracting attention from across the globe thanks to viral rallies and ongoing community-led hype.
Current Price & Market Data (as of July 4, 2025)
MOODENG is currently priced at $0.180 with a market capitalization of $177,567,652. The circulating supply is 989,971,791 MOODENG and the token’s all-time high sits at $0.69. This continues to reflect strong community and speculative demand following key exchange listings and social trends.
Price History & Performance Overview
Since launching in early 2024, MooDeng has experienced volatile price swings, typical for viral meme coins. The most significant surge occurred after its listing on Upbit, leading to a 70% daily gain and over 600% jump in trading volume. The coin established an all-time high of $0.69 but has since ranged between support and resistance zones as new traders enter the market and early holders take profit.
Whale Activity & Smart Money Flows
On-chain analytics show notable whale accumulation before and after major exchange listings, with large wallets actively trading and rebalancing near highs. Increased retail inflows, particularly from South Korea, have supported the market, but wallet concentration means heightened exposure to sudden sentiment shifts or major profit-taking events.
On-Chain & Technical Analysis
Technically, MOODENG remains above the key support at $0.165. Relative Strength Index (RSI) has moderated but remains in positive territory. Immediate resistance is seen at $0.234 and $0.2676, with support at $0.165 and $0.133. Loss of the $0.165 level could spark further selling down to $0.133 or the long-term accumulation zone near $0.12.
Possible Scenarios
1. Bullish Continuation (Extended Rally)
The Upbit listing has fueled strong bullish momentum, potentially pushing MOODENG’s price higher. If buying pressure persists and the price stays above the key support of $0.165, the uptrend could target higher resistance levels.
Pro Tips:
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Monitor Key Resistance Levels: Track short-term resistance zones at $0.234 and $0.2676. Consider taking partial profits at these levels to secure gains.
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Entry and Risk Management: Look for consolidations or minor pullbacks as entry opportunities. Place stop-losses below recent support levels to manage downside risk.
2. Price Consolidation (Sideways Movement)
After a strong upward surge, MOODENG may enter a consolidation phase as the market processes recent gains. The price could fluctuate within a range, testing support at $0.165 and resistance at $0.206, before making a significant move.
Pro Tips:
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Range Trading: Use range-trading strategies by identifying clear support and resistance levels, profiting from price oscillations within the range.
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Volume Analysis: Observe trading volumes during consolidation. Declining volumes often suggest a healthy pause before a potential breakout, either upward or downward.
3. Bearish Correction (Pullback Scenario)
Sharp pullbacks are common after major rallies, especially in volatile meme coins. If MOODENG falls below the critical support of $0.165 with high volume, it may signal a bearish correction, driving the price toward lower support levels.
Pro Tips:
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Identify Support Zones: Watch support levels at $0.133 or $0.12 for potential buying opportunities. Significant pullbacks could offer entry points for long-term holders.
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Stay Cautious: Avoid rushing into trades during strong bearish momentum. Wait for signs of price stabilization before entering new positions.
Key Risks to Consider
- High volatility and speculative meme coin nature
- Concentration of tokens among top wallets
- Potential for abrupt exchange-driven price swings
- Sentiment-driven pump-and-dump risk
Analyst Sentiment & Community Insights
MooDeng’s community remains very active, especially on social platforms and among Asian traders. While analysts are split—some seeing renewed upside if momentum returns, others wary of overextension—the consensus is clear: only disciplined trading and risk management will succeed long-term in such a volatile market.
Is MooDeng (MOODENG) a Good Investment?
MooDeng delivers rapid returns for bold traders, but its meme-driven spikes come with extraordinary risk. Use tight stops, size positions wisely, and limit speculative exposure. Always research thoroughly before jumping into fast-moving meme coin markets.
Why Trade MOODENG on Phemex?
Phemex provides a secure platform for trading MOODENG/USDT at Phemex. Benefits include:
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Advanced Tools: Real-time charts and order types for informed trading.
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Low Fees: Competitive fees to maximize returns.
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Security: Robust measures to protect funds and data.
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Global Access: 24/7 support for traders worldwide.
Learn how to buy MOODENG and start trading MOODENG on Phemex to leverage these features in 2025.
Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Phemex is not responsible for any losses incurred due to trading or investing based on the content of this article.
