Moo Deng (MOODENG) Price Prediction: Will the Meme Coin on the Solana Blockchain Continue Its Rally?

The cryptocurrency market took a hit despite the positive US-China trade talks. Bitcoin slipped to $103,888, while Ethereum dropped 2% to $2,508.

Despite positive US-China trade talks, the cryptocurrency market took a hit. Bitcoin slipped to $103,888, and Ethereum dropped 2% to $2,508. Other altcoins like Dogecoin, Solana, and XRP were also down. However, one token that saw a huge surge was Moo Deng, which soared 125% in the last 24 hours.

On May 11, Binance added MOODENG and GOAT to its Alpha Projects batch, helping early-stage tokens get more attention. This gave them a boost after interest had slowed after controversies like the LIBRA token incident.

The token shot up over 60%, hitting $0.20, after the announcement. Its market cap also jumped from under $140 million to over $180 million within hours. Over the past week, Moo Deng has skyrocketed by over 600%, reaching its highest price since January. Its popularity is also growing due to its link with the viral Thai hippo mascot, which has sparked a lot of social media hype, driving the price even higher. It is currently up 97%, trading at $0.2447.

What’s Driving The Price Rally?

Several factors seem to be fueling this rally.

Rising Demand and Future Interest Drive The Surge

Moo Deng rose last week due to the rising institutional demand for SOL and increased retail interest after Bitcoin topped $103,000. This sparked a rally among all the top 10 Solana memecoins, with the overall market cap rising by 33.7% to $12.6 billion. It also saw a rise in its futures open interest, currently at $274 million, according to data from CoinGlass. Just a month ago, it was only $13.4 million. This increase shows growing trader interest and more speculative activity in the market.

It also saw a rise in its futures open interest, currently at $274 million, according to data from CoinGlass. Just a month ago, it was only $13.4 million. This increase shows growing trader interest and more speculative activity in the market.

#Moodeng BREAKOUT ALERT!

Broke downtrend—$0.34 next? Watch this! 👀 #MOODENG #CryptoRally #Trading pic.twitter.com/uLgGoLT53U

— Ben Shapeshift Coin is Rising Again! 🔥 After losing over 90% of its value from the highs reached earlier in 2025, several 'dead' memecoins on Solana are showing signs of life this week with impressive gains. This comes amid a broader rally in the memecoin market cap, which has seen a 33.7% surge to reach $12.6 billion. Among the top 10 Solana memecoins, Shapeshift Coin is making headlines with a remarkable 700% rally in the last 24 hours. It is currently trading at $0.22, having shot up from lows of $0.03. This move has seen Shapeshift Coin's market cap soar to $173 million.

Several Factors Contribute to Shapeshift Coin's Surging Value

Several factors seem to be contributing to this rally in Shapeshift Coin. Firstly, Binance has been showcasing its Alpha Projects, highlighting early-stage tokens that could benefit from more attention. Recently, Binance added MOODENG and GOAT to its Alpha Projects batch, giving them a boost after interest had slowed following the LIBRA token incident.

Secondly, the token has seen a surge in popularity, particularly on social media, due to its link with the viral Thai hippo mascot. This social media hype has pushed the price even higher. Currently, Shapeshift Coin is up 97%, trading at $0.2447.

The post Binance Spotlights New Tokens As Institutional Demand For SOL Rises; Top Solana Memecoin Surges 700% This Week appeared first on Coin Piles.