MOODENGETH: The Popular and Adorable Hippo Meme Bridging Web2 and Web3

Abstract

MOODENGETH is a meme token on the Ethereum blockchain, featuring the quirky and adorable image of a hippopotamus named Moo Deng.

MOODENGETH emerged as one of the most talked-about meme coins on social media in 2024 and stood out as one of the few native animal-themed memes during this bull market.

MOODENGETH has a maximum supply of 420.69 billion tokens.

What Is MOODENGETH

MOODENGETH is a meme token on the Ethereum blockchain, featuring the quirky and adorable image of a hippopotamus named Moo Deng. Thanks to its unique and engaging image, MOODENGETH gained immediate popularity in the market upon launch. It emerged as one of the most talked-about meme coins on social media in 2024 and stood out as one of the few native animal-themed memes during this bull market. Widely discussed in global communities, MOODENGETH has become a symbol that bridges the gap between Web2 and Web3.

Narratives and Tokenomics of MOODENGETH

In September, Moo Deng, a quirky and adorable hippopotamus, took the internet by storm. Born at Thailand's Khao Kheow Open Zoo, the two-month-old hippo became a social media sensation due to its distinctive facial features and entertaining videos. TikTok and Instagram were flooded with Moo Deng's clips and memes, propelling him to viral fame. His popularity grew so immense that the zoo had to implement restricted visiting hours and enhanced security measures.

Recently, MOODENGETH (contract address:

0x28561b8a2360f463011c16b6cc0b0cbef8dbbcad) has drawn significant market attention. According to etherscan.io, MOODENGETH has a maximum supply of 420.69 billion tokens. As of January 3, 2025, it boasts 14,480 holders.

Risk Warning for Meme Coins

Meme coins originate from the culture of meme, where "meme" typically refers to cultural information fragments spread through the internet, such as images, videos, text, or concepts. These fragments often contain elements of humor and can go viral online. However, there is a clear divergence of views between institutions and retail investors regarding MEME coins in the crypto market. Some view it as a high-risk casino or a series of false promises that disguise the same. Others see it as an opportunity to challenge large institutions. They believe that even though most meme coins may lead to losses, catching just one can significantly improve their lives.

Overall, it's worth noting that meme coins are prone to drastic price volatility as they lack practical application. Additionally, meme coins are community-driven, meaning their development and value are influenced by community engagement and support. Decreased community activity or increased disagreements among members could impact token prices and development negatively. To sum up, investors should be aware of the risks associated with investing in meme coins.