Moo Deng Meme Currency Soars After Man Is Fined For Entering Viral Pygmy Hippo State

The Solana Viral pygmy hippopotamus meme currency Moo Deng (MOODENG) has surged 6.5% in the past 24 hours amid news that a man who trespassed on the animal’s enclosure has been fined.

The man, who was he says fined $300 for illegal entry, was found guilty by a Thai court after his arrest in March.

In a video shared following the arresta man can be seen jumping over the fence at Khao Kheow Open Zoo when no staff were around Moo Deng’s place. He holds what appears to be an iPad or similar tablet in hand, before reaching Moo Deng filming a video.

The disturbance has led to security at the zoo according to its director Narongwit Chodchoy, who said AFP that “it should train (employees) what to do if there are intruders.”

“We learned from this lesson and we will not allow it to happen again – not only to Moo Deng but also to the other animals in the zoo,” he said. The pygmy hippo was not injured in the incident, but was “slightly shocked” according to the report.

Moo Deng became famous in early 2024, and became very popular on social media for his acting skills. Around that time, a meme coin celebrating hippos was launched via the token launchpad. Pompo. funand soon he began to be attracted.

In November of that year, the token reached a high of about $0.68, or about $680 million in the market. Although the rise was short-lived, the token remained important for a long time, gaining listings from all major exchanges, including Coinbase, which raised the price of the machine by 80% in December of that year.

Since then, however, it has been on a steep decline, recently changing hands at about $0.048, or about $48 million in market capitalization—about 93% off its all-time high. Huge media interest, such as a recent report from AFP, they often give a lot of money to memes, which are symbols that are often based on popular culture and events and have no real significance.

For example, the price of MOODENG it was up nearly 33% when the zoo announced the plans at the first birthday party last July.

However, the recent increase in the indicator also comes amid economic reforms, which were shown at the end of Tuesday to stop the fire in Iran, to avoid a major attack that could be mocked by US President Donald Trump. Since then, the entire crypto economy has risen, led by Bitcoin and Ethereum jumping 4.2% and 6.3% respectively on the last day.

Meme coins haven’t fared too well, however, jumping just 3.6% in the past 24 hours according to CoinGecko.