BaoBaoSol

PEPE

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<p class="is-style-lead">BaoBaoSol, a new meme coin seemingly inspired by the red panda-themed token, and Moo Deng, the recently launched hippo-themed token, have defied overall market conditions, showcasing triple-digit gains.</p> 
<p>According to <a href="https://www.coingecko.com/en/categories/meme-token" target="_blank" rel="nofollow">CoinGecko data</a>, BaoBaoSol (<a rel="" href="https://crypto.news/price/baobaosol/">BAOS</a>) spiked 831.8% while Moo Deng (<a href="https://crypto.news/price/moo-deng/" target="_blank">MOODENG</a>) rose 511.2% in. the last 24 hours at last check Sunday.</p> 
<p>The meme coin market cap stands at $50.8 billion.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/vc-vet-ben-horowitz-to-support-kamala-harris-after-donating-to-trump-report/"> VC vet Ben Horowitz to support Kamala Harris after donating to Trump: Report </a> </p> 
<p>While little is known about the BaoBaoSol meme coin, Moo Deng is making waves in the digital currency world.</p> 
<p>The coin — inspired by a pygmy hippo <a href="https://www.cnet.com/science/why-is-moo-deng-so-popular-this-pork-meatball-has-a-247-livestream/" target="_blank" rel="nofollow">born</a> this past summer at a zoo in Thailand — experienced a significant upward movement in recent weeks.</p> 
<h3 class="wp-block-heading" id="recent-price-movement">Recent price movement</h3> 
<p>In the past month, Moo Deng has seen a notable rise in value, jumping to a record high of $0.3495, bringing the weekly <a rel="" href="https://crypto.news/moo-deng-spikes-as-fomo-pushes-holders-to-record-high/">gains</a> to over 700%. </p> 
<p>Crypto enthusiasts wasted little time capitalizing on the baby hippo that went viral, creating memes, videos, and challenges related to Moo Deng. </p> 
<p>The popularity coincided with a coin surge driven by an influx of new buyers drawn to its low entry price and the hope of riding the next big meme coin wave.</p> 
<h3 class="wp-block-heading" id="community-led-growth-plus-caution">Community-led growth, plus caution</h3> 
<p>The Moo Deng community has played a key role in its price movements. </p> 
<p>Unlike other meme coins that rely on <a rel="" href="https://crypto.news/from-hollywood-to-hodl-how-celebrity-adoption-is-spurring-the-growth-of-memecoins/">celebrity</a> endorsements or large exchanges, Moo Deng’s growth has been almost entirely organic, driven by grassroots engagement. </p> 
<p>Despite the recent surge, crypto analysts warn investors about the volatility of meme coins. See below.</p> 
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   <p lang="en" dir="ltr">If you bought <a href="https://twitter.com/hashtag/MOODENG?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#MOODENG</a> a week ago, which many of you did, you’re down 50%. In another week you will be down even more. Stop being exit liquidity for influencers flavor of the week meme coin. <a rel="nofollow" href="https://t.co/3XGnS4pco3" target="_blank">pic.twitter.com/3XGnS4pco3</a></p>— AltCoinDaily.eth (@CryptoStylesUSA) <a href="https://twitter.com/CryptoStylesUSA/status/1842281321521090570?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 4, 2024</a>
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<p>Moo Deng’s price could continue fluctuating, driven by unpredictable factors like market sentiment.</p> 
<p>At one point, Moo Deng’s market cap soared to over $300 million, making it the biggest token in the Pump.fun ecosystem. It has since come down to $138 million.</p> 
<p> Read more: <a rel="" href="https://crypto.news/this-ethereum-token-might-see-memecoin-price-surge-like-pepe-and-shib/"> This Ethereum token might see memecoin price surge like PEPE and SHIB </a> </p>

BaoBaoSol, Moo Deng meme coins surge and defy bearish market

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