Moo Deng (MOODENG) is a memecoin built on the Solana blockchain, launched in late 2024. It has gained massive popularity in the Solana ecosystem thanks to its inspiration – the viral story of a baby pygmy hippo from Thailand.
Like other meme coins, MOODENG emphasises community engagement without providing much value/utility.
The MOODENG token is primarily used for trading and swapping, allowing users to buy, sell, and trade it on multiple platforms. It can also be staked on yield farming platforms.