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Home News

Binance Will Launch MOODENG Futures With Up to 75x Leverage

Since the announcement, the Solana memecoin surged by over 100%

Rada Mateescu Rada MateescuVerified Author
Oct 25, 2024
2 min. read
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Key Points

  • Binance Futures announced the launch of MOODENGUSDT Perpetual Contract at 10:00 (UTC) today.
  • MOODENG memecoin’s price surged significantly after the exchange’s announcement.

In an official announcement, Binance revealed that it will launch futures for MOODENG later today.

Binance Futures will list MOODENGUSDT Perpetual Contract at 10:00 (UTC), with up to 75x leverage.

The exchange has been expanding the list of trading options offered to users while enhancing their experience with new futures listings.

Following today’s announcement, the MOODENG memecoin’s price surged significantly.

MOODENG Price Surges by Over 100%

At the moment of writing this article, MOODENG is trading close to $0.14, up by over 100% in the past 24 hours.

MOODENG price in USD today
MOODENG price in USD today

The memecoin’s price rally kicked off earlier from levels around $0.07. The token now has a market cap of over $136 million. MOODENG’s 24-hour volume surpasses $164 million.

New MooDeng Achievements

As noted by the team behind the Solana project via X, MOODENG was one of the most purchased coins on SuperSwap in 24 hours, according to an October 24 post.

On October 23, MOODENG was also listed on Cube.

Yesterday, Nakamoto Games, a Web3 gaming hub, offered an update for Honeycomb players, saying that they added Thailand’s most famous animal superstar, MooDeng, the hippo, to their hypercasual puzzle and strategy game. Users can play alongside MooDeng, earn rewards, and more.

Honeycomb is a play-to-earn game released by Nakamoto Games.

What Is MooDeng (MOODENG)?

MOODENG is a memecoin built on Solana inspired by a viral baby hippo meme. The memecoin capitalizes on the fast transaction speeds and low fees on the blockchain, and leverages internet humor and the strength of community.

MOODENG was launched on September 21, 2024, and it reached an ATH a week after on September 28 when the coin hit prices above $0.32. Since its launch, MOODENG saw a price surge of over 320%.

Tags: BinanceMOODENG

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