In the ever-evolving world of cryptocurrency, meme coins have achieved huge favor, with the latest sensation being the Moo Deng crypto coin. Recently, an internet’s favorite pygmy hippo coin helped a cryptocurrency user earn over Rs. 100 corer in around 17 days when he invested in the hippo Moo Deng mene coin.
Meme coins are crypto or digital assets named after trending memes and art, particularly animals. Plus, a recent viral internet phenomenon, a two-month-old pygmy hippo from Thailand, the Mene coin has taken the digital world by storm.
Man makes Rs. 100 crore in 17 days after buying hippo Moo Deng coin
Recently, a cryptocurrency investor Lookonchain in a post on X shared a screenshot showing a cryptocurrency user investing $1,300 (around 1 lakh) on September 10 on Moo Deng coin.
When the price of the meme coin was skyrocketing, his investment was over $12 million on September 28. Across the board, he made over Rs. 100 crore from his Rs. 1 lakh investment.
Moo Deng meme coin
The Moo Deng meme coin is the most delinquent proliferation to the growing list of meme-based cryptocurrencies. Meme coins are cryptocurrency assets that are usually based on popular internet memes, animals, or viral hits. Unlike standard crypto assets like Bitcoin or Ethereum, meme coins thrive on community engagement and viral trends.
Examples include Dogecoin and Shiba, which was inspired by the meme of the Shiba Inu dog.
Moreover, the two-month-old pygmy hippo from Thailand gained internet fame on platforms like Instagram and TikTok for its small size and adorable appearance.
Moreover, her name was decided based on an online poll in August, the report said. According to the report, although the lifespan of a meme coin may be short, Moo Deng’s internet celebrity status has caused the price of the new coin created in his name to increase by 90% in just 24 hours.
