{"id":359433,"date":"2024-10-01T11:07:57","date_gmt":"2024-10-01T05:37:57","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=359433"},"modified":"2024-10-01T11:07:57","modified_gmt":"2024-10-01T05:37:57","slug":"moo-deng-soars-400-emerges-as-top-gainer-this-week-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/moo-deng-soars-400-emerges-as-top-gainer-this-week-crypto-news\/","title":{"rendered":"Moo Deng soars +400%, emerges as top gainer this week &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<ul>\n<li><em><span style=\"font-weight: 400\">Moo Deng is the highest-performing Solana memecoin at the moment.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400\">The memecoin market cap recovered to $54 billion, up from a low of $35 billion.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/category\/memecoins\/\" data-wpel-link=\"internal\">Moo Deng<\/a> has quickly risen to prominence as one of the best-performing crypto assets over the past seven days, recording substantial growth in price and market capitalization. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Currently, Moo Deng leads the memecoin sector in gains, cementing its position as a key player in the recent memecoin rally.<\/span><\/p>\n<h2><b>Moo Deng leads the gainers\u2019 chart<\/b><\/h2>\n<p><span style=\"font-weight: 400\">According to data from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/gainers-losers\/\" data-wpel-link=\"external\">CoinMarketCap<\/a>, Moo Deng (MOODENG) has seen an impressive price increase of over 400% in the last seven days. This made it the top gainer among the top 500 cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400\"> On 24th September, the token was trading at approximately $0.04, but significant uptrends throughout the week pushed its price to a peak of $0.30 by 28th September.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite declining after reaching its peak, Moo Deng is still trading around $0.20, representing a strong performance compared to the beginning of the week. <\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the recent drop of 19% in the past 24 hours has positioned it among the top daily losers at the time of writing.\u00a0<\/span><\/p>\n<div id=\"attachment_428695\" style=\"width: 1210px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/MOODENG_7D_graph_coinmarketcap.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-428695\" class=\"wp-image-428695 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/MOODENG_7D_graph_coinmarketcap.png\" alt=\"Moo Deng price trend\" width=\"1200\" height=\"800\" \/><\/a><\/p>\n<p id=\"caption-attachment-428695\" class=\"wp-caption-text\">Source: CoinMarketCap<\/p>\n<\/div>\n<p><span style=\"font-weight: 400\">The volatility in its price suggests that while Moo Deng has attracted significant attention, it remains subject to the typical market fluctuations seen with memecoins.<\/span><\/p>\n<h2><b>Spike in market cap and volume for Moo Deng<\/b><\/h2>\n<p><span style=\"font-weight: 400\">As expected, Moo Deng\u2019s market capitalization surged alongside its price. Initially valued at $111 million, the market cap rose to a peak of $338 million during its price surge. <\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the market cap has since pulled back to $220 million, reflecting the recent price decline.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition to its market cap growth, Moo Deng\u2019s trading volume experienced a significant spike. Initially at $60 million, the volume surged as the price increased, peaking at around $196 million. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite a decline in volume, it has remained above $100 million, indicating that traders continue to engage with the asset, helping maintain its current price levels.<\/span><\/p>\n<h2><b>Memecoin market sees a broader recovery<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Moo Deng\u2019s impressive performance comes at a time when the broader memecoin market is showing signs of recovery. After experiencing a downturn that saw the total market capitalization of memecoins fall to $35 billion, the sector has rebounded.<\/span><\/p>\n<p><span style=\"font-weight: 400\"> As of now, the market cap has increased to $54 billion, marking a $15 billion rise over the past seven days.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\nNext: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/bitcoin-leaves-exchanges-is-now-the-time-for-a-new-btc-high\/\" data-wpel-link=\"internal\">Bitcoin leaves exchanges: Is NOW the time for a new BTC high?<\/a> <\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Moo Deng is the highest-performing Solana memecoin at the moment. The memecoin market cap recovered to $54 billion, up from a low of $35 billion. Moo Deng has quickly risen to prominence as one of the best-performing crypto assets over the past seven days, recording substantial growth in price and market capitalization. Currently, Moo Deng [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":359439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-359433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/359433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=359433"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/359433\/revisions"}],"predecessor-version":[{"id":359443,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/359433\/revisions\/359443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/359439"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=359433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=359433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=359433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}