MOODENG/SOL retests $40M market cap – Will it join the ranks of Michi and Billy?

Moodeng, the new viral internet meme animal recently found its home on the Solana blockchain in the form of the $MOODENG/SOL memecoin. It’s already testing a market cap of $40M only 11 days after the coin’s creation.

Solana memecoin traders were already used to seeing cat and dog coins. However, after Moodeng became a viral internet sensation overnight, degens were quick to launch the baby hippo on Solana.  

Source: DexScreener
Moodeng/Sol chart (Source: DexScreener)

At the time of this writing, Moodeng is trying to break above the resistance at $40M, with a total of 24000+ holders according to data by DexScreener.

Source: https://www.cryptopolitan.com/moodeng-sol-retests-40m-market-cap-will-it-join-the-ranks-of-michi-and-billy/