Moo Deng (MOODENG) meme coin price rally is an unexpected event

In its launch days, Moo Deng price witnessed a massive uptrend, hitting an ATH at $0.6911. However, like any meme-themed cryptocurrency, it crashed as the hype declined

The past few months have seen a complete shift in crypto investors' sentiments, with the crypto market crashing and trends changing rapidly. However, as the sentiments reemerge, many digital assets are booming with gains, and one of them is the Solana meme coin, Moo Deng.

3 Reasons Why Moo Deng Price is Soaring

In its launch days, Moo Deng price saw a massive uptrend, hitting an ATH at $0.6911. However, like any meme-themed cryptocurrency, it crashed as the hype decreased.

In the last seven days, this trending meme coin surged 573% and 110% today, trading at $0.2730.

1. Binance Alpha Listing

Moo Deng meme coin price surged more than 500% with the influence of the Binance Alpha listing. On May 11, Binance announced the listing of the MOODENG and another Solana meme coin, GOAT, and both saw high demand, resulting in price rallies.

A new batch of Binance Alpha Projects added today! Discover the latest tokens spotlighted in #Binance Markets.

$MOODENG$GOAT

Navigate to the [Markets] - [Alpha] tab to trade.

Know More ⬇️

— Binance (@binance) May 11, 2025

2. Broader Crypto Market Recovery Amid US-China Trade Deal

The broader crypto market has seen a significant uptrend in the last few days. Even the investor sentiments have turned to greed for the first time in weeks, as the geopolitical news like the US-UK trade deal and ongoing US-China trade talks fueled investors' optimism.

3. High Trading Volume and OI Driving the MOODENG Meme Coin Price Rally

Amid these key events, the trading volume of MOODENG meme coin has surged 360% to $1.12 billion today. Additionally, the open interest has hit $289.70M after a 120% increase per Coinglass data, signaling bullish momentum.

With the price rally, the expectations are higher for the upcoming gains.

Moo Deng Price Prediction: What’s Coming Next?

The Bitcoin price rally and the US-China trade deal announcement are increasing investors' expectations for MOODENG's performance.

There are also rumors that Binance is listing the meme coin on the spot market.

As a result, the investors' interest is high. Experts like Solberg Invest's Moo Deng's price prediction also hint at a further rally unless investors' overbuying results in a pullback. He claims that MOODENG is highly bullish with the potential to hit $0.34. However, he also added that a pullback would be healthy.

Another crypto analyst, Julius Elum, predicts a 100% rally from the current level. Still, the uncertainty looms as many macroeconomic events are set to take place this week, which could affect the price.

Frequently Asked Questions (FAQs)

1. How is MOODENG performing today?

2. Will the Moo Deng meme coin succeed in making a complete recovery?

3. Will Binance finally list Moo Deng for the spot market?