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Cryptocurrency News Articles

Upbit Lists MOODENG on Solana: A Meme Coin Mania?

Jul 03, 2025 at 03:00 pm

Upbit's MOODENG listing on Solana sparks market surge! Is this the future of meme coins, or just another crypto rollercoaster? Let's dive in!

Upbit Lists MOODENG on Solana: A Meme Coin Mania?

Upbit Lists MOODENG on Solana: A Meme Coin Mania?

Upbit, South Korea's crypto giant, just threw MOODENG, a Solana-based meme coin, into the ring! The listing has caused ripples across the crypto pond. So, what's the deal, and should you care?

MOODENG Mania: What's the Hype?

On July 3, 2025, Upbit officially listed MOODENG, offering trading pairs in KRW, BTC, and USDT. This isn't just another listing; it's a signal that meme coins are increasingly getting mainstream attention. Following MOODENG's launch, the Solana meme coin market cap jumped by 9.3%, hitting a cool $14.90 billion! Talk about a splash!

Price Surges and Trading Volume Spikes

Since its Upbit debut, MOODENG has been on a wild ride. Within 24 hours, the price shot up by 53.51%, reaching $0.21 per token. The trading volume? A staggering 282.64% increase, totaling $194.01 million. Zooming out, MOODENG's price has skyrocketed by 699.10% over the past 90 days! Insane, right?

Solana's Meme Coin Moment

This listing is a big win for the Solana ecosystem. It highlights how meme coins are evolving from fringe assets to legitimate contenders, attracting both retail and institutional investors. Even Ethereum co-founder Vitalik Buterin has acknowledged MOODENG, adding a touch of credibility to the project.

A Word of Caution: Meme Coins are Wildcards

Before you jump on the MOODENG bandwagon, remember that meme coins are notoriously volatile. Upbit even warned users to be careful, implementing rules like limiting order types initially. Rapid price appreciation can be followed by equally rapid corrections as market sentiment shifts. Keep an eye on liquidity trends and community activity—these factors can make or break a meme coin's sustainability.

Neural Enters the Solana Ecosystem

Adding another layer to the Solana buzz, AI gaming platform Neural launched on the Solana blockchain on July 2, 2025, aiming to revolutionize game creation. Neural's AI-driven tools empower creators to build and publish AI-generated games and worlds quickly. This move could further enhance Solana's appeal, particularly in the gaming sector.

My Take: Is MOODENG Here to Stay?

While MOODENG's performance is impressive, it's crucial to approach with caution. Meme coins thrive on hype, and hype can be fleeting. However, the increased interest in Solana-based assets and the growing mainstream acceptance of meme coins suggest that MOODENG could have staying power, if it maintains community engagement and navigates market volatility effectively. The listing has been pivotal in energizing the Solana meme coin segment.

The Bottom Line

Upbit's listing of MOODENG is more than just a coin listing; it's a sign of the times. Meme coins are no longer a joke; they're a force to be reckoned with. Whether MOODENG becomes the next Dogecoin or fades into obscurity remains to be seen. So, buckle up, crypto enthusiasts—it's going to be an interesting ride!

Disclaimer: This is not financial advice. Always do your own research before investing in cryptocurrencies.

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Other articles published on Jul 04, 2025