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Crypto News

Why Mooding leads the encryption market this week

Moo Deng (MOODENG), the Solana -based MEM currency, appeared as monitoring in the latest gatherings in the cryptocurrency market, surpassing the best 1,000 cryptocurrencies during the past day. The daily trading volume increased to one billion dollars.

Mimi also witnessed a great price increase. Last week, its value increased by triple numbers.

Solana’s Mooding leads the encryption gathering

MOODENG, which benefited from the viral appeal to the small Beja sorting band, increased significantly after its launch in September 2024. The online noise paid the market value of more than $ 100 million only after its launch.

However, after the peak to the highest level (ATH) in November, Mooding entered a long decrease. By early April, the market ceiling decreased to about $ 20 million.

Now, Mimi’s currency appears to be a strong return. Beincrypto data showed that the Mooding price is estimated at 612.3 % during the past week, supported by successive prices since last Thursday.

Moreover, Mooding increased by 104.3 % during the past day alone. At the time of the press, it was traded at $ 0.24, which represents its highest price in more than four months.

This Mooding Top Trending Towen has made this explosive price. Moreover, I topped the best winner table.

Mooding Prices performance. source: Tradingvief

Due to the high prices, the market value also exceeded a sign of $ 100 million again. As of the latest data, it amounted to $ 263.8 million. The increase has caused great attention to investors, and it is clear from increasing trading activity.

according to Data From Coingecko, the daily trading volume in Mooding was $ 1.2 billion, which represents an amazing increase of 325.8 %. It is worth noting that Coinbase represents 27 % of the total size, indicating a strong participation of merchants in the United States.

Analyzes of the series of Solscan confirm this trend. The total purchase on decentralized stock exchanges (DeXs) increased by 8,201 % a week per week, climbing from $ 179,490 to $ 14.9 million by the journalism time.

MOODENG Dex Trading
MOODENG Dex Trading Activity. source: Solskan

The resumption of the symbol extended beyond the retail investors to “smart money”. According to mail At X By Stalkhq, these strategic investors poured $ 194,000 in Mooding on May 10, which increased its momentum.

“165 new portfolio accumulated 25 % of Mooding supplies and has an unrealized cumulative $ 25.3 million,” Holderscan to publish.

The height of the sandy symbol comes in its last list on Binance Alpha. The list appears to have stimulated the interest of the large retail investor.

Google Trends Data It reflects a parallel increase in the curiosity of the public. The search for the search for “MOODENG” increased steadily over the past week and reached the degree of peak of 100 earlier today. This referred to the increasing interest on the Internet and suggested another wave of viral momentum.

Disintegration

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