But the Fed’s super-sized rate cut last week, and signals of more cuts to come, are also powering a surge in crypto broadly, from the Moo Dengs to the more mainstream bitcoin and ethereum, as looser monetary policy tends to benefit high-risk assets like crypto. Bitcoin, the most popular crypto token, is up about 14% over the past week.

Internet's most loved pygmy hippo helped a cryptocurrency user earn over ₹ 100 crore in just two weeks after he invested in the all-new Moo Deng memecoin. Meme coins are crypto assets which are named after trending memes and art especially those including animals.

Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over the last 24 hours, a fan page for the token said Wednesday.

Viral internet sensation Moo Deng took the crypto market by storm as its memecoin surged over 88%. What is Moo Deng memecoin? Let’s find out.

Inspired by a viral pygmy hippo from Thailand, the Moo Deng coin has experienced a significant increase in value. On September 10, a user invested $1,300 in the coin and saw their investment grow to over Rs 12 million within two weeks.

Moo Deng meme coin surges to 94.3% in 24 h, driven by viral baby pygmy hippo's fame, reaching $0.2457 and surpasses $100 million market cap.

The Solana-based Moo Deng memecoin has rapidly gained attention, crossing the $100 million market capitalization mark on Thursday, according to CoinMarketCap data. This Thai-themed token, inspired by a newborn hippo at Khao Kheow Open Zoo in Bangkok,