Moo Deng (MOODENG) price prediction 2025: Will it bounce back after its recent surge?

Moo Deng's journey has been pretty typical for a meme coin — it saw a big surge at the end of 2024 when the market was booming

The price of Moo Deng (MOODENG) has risen sharply in recent months, but it could be due to arbitrage opportunities, which have become limited with the token’s listing on Binance. This lack of arbitrage potential might lead to a decline in trading volume and interest in the token, which could affect its price in the long run.

Where is the price of Moo Deng going next?

For the past seven days, the price of Moo Deng has increased by 31%, and over the past 30 days, it has soared by a whopping 464%. However, even with this surge, Moo Deng has yet to fully recover from its previous all-time high of $0.6911, which it reached in November 2024.

The token’s impressive surge this month is largely tied to its recent listing on Binance Alpha, a launchpad for emerging tokens under the Binance ecosystem, in early May, which drove a 114% price increase.

Later, on May 22, Moo Deng was added to Robinhood, a major U.S. trading platform known for its commission-free access to stocks and crypto. The listing opens the door for even more retail investors to ride the meme token’s growing momentum.

While its rapid rise has caught the attention of the market, the future of Moo Deng will likely depend on sustained community interest and whether it can evolve beyond meme status into a more established crypto asset.

What is Moo Deng?

Moo Deng, a pygmy hippopotamus, has become a viral sensation thanks to his playful antics at Thailand’s Khao Kheow Open Zoo, and his internet fame has sparked the creation of a fast-growing crypto asset.

The token, which is named after the hippopotamus, is a Solana-based meme coin that has been gaining popularity in recent months. It was launched on September 10, 2024, via Pump.fun, a Solana-based platform known for its rapid-fire, no-code approach to creating meme coins.

Interestingly, the project has also introduced a number of related tokens, representing characters like Moo Deng’s mother Yona and his siblings Moo Toon and Moo Waan.

These tokens are interoperable and can be seamlessly exchanged on the platform, catering to the growing demand for user-friendly and efficient cryptocurrency experiences.

Moreover, Pump.fun provides a simple interface for users to launch their own tokens within minutes, eliminating the need for complex coding or technical knowledge. This accessibility factor has contributed to the rapid proliferation of meme coins on the Solana blockchain.